Token distribution
Last updated
Last updated
The McAI token ($McAI) is the backbone of our ecosystem, facilitating rewards, incentives, and platform growth. With a fixed supply of 1 billion tokens (1,000,000,000 $McAI) fully minted and inflation-free, $McAI is issued on the Solana blockchain at the following address:
Contract Address (on Solana): (still to be released)
Decimal format: 6
TOKENS_DECIMALS: 6
Distribution Breakdown
Liquidity Pool, available to buy(20%)
200,000,000 $McAI
Ready-to-burn tokens (75%)
750,000,000 $McAI
Team Wallet (5%)
50,000,000 $McAI
Addresses: - (still to be released)
- (still to be released)
As said in the How McAI creates value section, for the first 2 months, rewards of the weekly top leaderboard will function as a manual AirDrop, as the beta version of McAI goes on. This means that a part of the 5% of development supply will directly go to the winners. It's around 2% of the whole supply, meaning the development team will strongly hold 3% of the supply on March, 31.
The 75% of tokens to be burned, will be progressively burnt as the players use the "continue" feature.
At launch, 500 of these $McAI will directly go to the reward address, and 500 will be burnt (1:1 ratio). As the circulating supply decreases, every 5% supply burnt milestone, the proportion of burnt token will decrease by half (as a bitcoin halving), making the proportion of rewards increase.
When 20% burnt token milestone will be reached, it means : ((((500/2)/2)/2)/2) = 31,25 $McAI will be burnt everytime a player uses the "continue" feature. As a result, then, 1000 - 31,25 = 968,75 $McAI will directly go to the reward address. The reward address can be compared to a reward pool, rewarding the top 10 of weeekly players.