😎Tokenomics
WR token economy
Allocations
Public sale. This refers to the public sale of the WreathRider (WR) token that takes place on the Pinksale platform. Here, potential investors and early believers in the project can purchase tokens before they are made widely available on exchanges.
Founders & Team. This allocation is reserved for the founders of the project and the core team members. Holding onto a portion of the tokens ensures that the team has a vested interest in the success and longevity of the project.
Development. Tokens set aside for development are used to fund ongoing and future work on the project. This will include software development, hiring of additional personnel, passing security audits, improving infrastructure, or integrating new features. Such allocation ensures that the project has the resources it needs to continue to grow and evolve.
Marketing. Marketing is crucial for any project's success. This allocation ensures there are sufficient funds to promote the project, attract users, and establish a strong presence in the market. It will be used for advertising campaigns, partnerships, community engagement events, and other promotional activities.
Airdrop & Rewards. This allocation will be used to reward early supporters, loyal users, and to incentivize certain behaviors (to reward the most active players). Rewards will be also set up for contests, community tasks, and as bonuses for certain achievements within the platform.
Liquidity (CEX). Centralized Exchanges (CEX) require a pool of tokens to facilitate trades for users. Allocating tokens for this ensures that when the WR token is listed on CEX platforms, there is sufficient liquidity for users to buy and sell the token without facing extreme price volatility.
Liquidity pool (DEX). Similar to the CEX liquidity, but for Decentralized Exchanges (DEX). DEXs operate without a central authority and require liquidity pools to facilitate trades. Having an allocation specifically for DEXs ensures that the WR token remains accessible and tradable on decentralized platforms, promoting broader adoption and reducing reliance on centralized
Full name of token: WreathRider
Token abbreviation: WR
Supply: 177,000,159,300,000,000,000,000
Contact：0xba5516BA8Bc558726D3fb9d1Edac6A8341056C10
chain: BNB
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