The main objective of $MKZ token is to secure transactions between participants who interact within the ecosystem. Ultimately, and as MetaMakerz’ goal is to operate as a DAO, it is also a governance token with voting power.
The total supply including the community treasury will be $MKZ 400,000,000, distributed over time.
The Token Distribution Event will begin in late Q4 2022. This event will consist in two
phases: a Private Round and a Public Sale.
The Seed Round is opened to private investors or structures who follow and significantly support the project since inception.
The total vesting period of the Seed Round is 22 months, including an initial token release of 4% at the end of the public sale, with a 2 months cliff, followed by a linear month drip release of 15% quarterly.
The Seed and Private Rounds are opened to private investors or structures who follow and support the ongoing development of the project.
The total vesting period of the Private Round is 17 months, including an initial token release of 5% at the end of the public sale, with a 2 months cliff, followed by a linear
month drip release of 20% quarterly.
The Public Round is opened to anyone willing to support the project and hold tokens. Tokens purchased from the public sale are not subject to any lockup or vesting period.
There will be 3 different Public Rounds with 3 different release prices: a first phase at $0.055, a second phase at $0.060 and a third and final phase at $0.068.
The Treasury Fund consists of 112,000,000 $MKZ with a specific vesting over 15 months. This fund will be part of the society and use in the future for further fund raise.
Advisors tokens will be allocated to people participating in the development of the project in order to reward them for their contribution.
The total vesting period of the Team tokens is 34 months with an initial 4 months cliff followed by a linear month drip release of 10%.
Team tokens will be allocated to core team members and released over time in order to align interests between users.
The total vesting period of the Team tokens is 50 months with an initial 6 months cliff.
The tokens from the Marketing Fund will be used to finance various marketing-communication operations, giveaway, collaborations, payment for marketing services....through the years.
The vesting period of the Marketing Fund tokens is 1% at TGE and 10%/Trimester.