🧿Tokenomics
Token Metrics
Last updated
Token Metrics
Last updated
Ticker: REMN Token type: ERC20 and POLYGON (MATIC) IGO Fundraising Goal: 810M $REMN | $450K USD Total Tokens: 10B $REMN (10,000,000,000) Initial Token Price: 1 REMN = 0.00055 USD Initial Market Cap: ~$200k (~$400k w/ liquidity) Fully Diluted Cap TGE: $5.5M
TOTAL RAISE GOAL: $925K
Distribution Off-chain: April 29 (For early staking program to public IDO participants) On-chain: May 19 (ETH) / May 26 (Polygon) Private/Seed Distribution: May 31 (no disadvantage to receiving later as long as before June 2) Vesting: June 15, July 15, Aug 15, Sept 15, etc. DEX Listing (Uniswap, Quickswap): June 2, 4PM UTC *Adding liquidity/buy/sell is disabled until June 2, 4 PM UTC
Post-Launch & Listing Update: $REMN is live on DEX's. The total raise target was not reached due to poor market conditions during and following the launch. A large portion of the funds have been used in DEX liquidity, development, marketing team, and legal & security. The project will not be dropped. Development has continued from the team's pocket until the game's full completion cycle under an extended time-frame towards 2026.
Initial Supply: 761M (7.61%) (w/ Liquidity) | 3.8% (w/o Liquidity) IGO: 1.62% Market Liquidity: 3.8% Seed: 1.1% Private: 0.7375% Marketing: 0.35%
Breakdown
% Total | at TGE
Vesting Schedule
Description
Play-to-Earn
25%
Non-linear, 5 years
Staking
15%
Non-linear, 4 years
Also earns SHARDS
Team
10%
12mo cliff, 36mo vest
Marketing & Advisors
7% | 0.35%
5% TGE, 6mo cliff, 24mo vesting
Development
4.5%
1mo cliff, 10% 1st mo, 15mo vesting (6%/mo)
Seed
11% | 1.1%
10% TGE, 9mo vesting (10%/mo)
$0.00025
Private
5.9% | 0.7375%
12.5% TGE, 7mo vesting (12.5%/mo)
$0.00035
IGO
8.1% | 1.62%
20% TGE, 4mo vesting (20%/mo)
$0.00055
Treasury
5%
Minimum 6mo cliff, varies
Liquidity
8.5% | 3.8%
2 year lock, renewed unless migrating DEX
Initial swap liquidity, possible CEX listing, Anti-bot/snipe
Staking $REMN will be enabled in Q2 2024 with Remnant - Alter Genesis game Alpha. Staking provides $SHARDS (in-game premium currency) over time and %APY returns on $REMN.
The distribution of 15% of $REMN tokens is spread over 4 years of staking rewards.
Each reward period lasts for 3 months.
The $REMN staking distribution (% of total $REMN per 3 months) is as follows:
After 4-5 years when Play-to-Earn and Staking vaults run out, the goal is to have reached a mature Ecosystem of games. Players will be earning more $SHARDS and NFTs that are the true value of the ecosystem.
