4.2. Token Distribution
Predipie is the primary token in the ecosystem. Table 3 outlines the properties of this token. The Predipie token will be generated (TGE)1 in Q4-2024.
Table 3: Token properties
| Metric | Description |
|---|---|
| Token Name | Predipie |
| Token Symbol | PPOG |
| Total supply | 1,000,000,000 |
| Decimal places | 8 |
| Freeze feature | Not applicable |
| Mint feature | Not applicable |
| Burn feature | Applicable |
| Native network | TON Network |
Table 4: PPOG Token distribution
| Metric | Allocation | # of Tokens | Price ($) | Raise | TGE (%) | TGE (PPOG) | Cliff | Vesting |
|---|---|---|---|---|---|---|---|---|
| F&F Round | 3% | 30,000,000 | $0.0035 | $105,000 | 10.00% | 3,000,000 | 6 | 18 |
| Private Sale 1 | 10% | 100,000,000 | $0.0060 | $600,000 | 5.00% | 5,000,000 | 6 | 15 |
| Private Sale 2 | 10% | 100,000,000 | $0.0080 | $800,000 | 5.00% | 5,000,000 | 6 | 12 |
| KOL Round | 2% | 20,000,000 | $0.0090 | $180,000 | 12.50% | 2,500,000 | 1 | 9 |
| Public Round | 5% | 50,000,000 | $0.0100 | $500,000 | 15.00% | 7,500,000 | 1 | 6 |
| Ecosystem & Partnerships | 20% | 200,000,000 | — | — | 0.00% | — | 1 | 36 |
| Staking Pool | 5% | 50,000,000 | — | — | 0.00% | — | 0 | SC locked |
| Rewards and Incentives | 10% | 100,000,000 | — | — | 0.00% | — | 0 | 20 |
| Line Activation | 10% | 100,000,000 | — | — | 0.00% | — | 12 | 24 |
| Liquidity | 5% | 50,000,000 | — | — | 50.00% | 25,000,000 | 6 | 0 |
| Team | 15% | 150,000,000 | — | — | 0.00% | — | 24 | 24 |
| Advisors | 5% | 50,000,000 | — | — | 0.00% | — | 12 | 18 |
| Total | 100% | 1,000,000,000 | — | $2,185,000 | — | — | — | — |
4.2.1. Investment
During the token sale, 30% of the total token supply will be made available for purchase. All proceeds generated from the token sale will be allocated towards enhancing product delivery efficiency, bolstering marketing and public relations efforts, expanding global brand recognition, and growing the Predipie team. This expansion aims to further accelerate the development and delivery of our solutions.
The PPOG Token Sale will accept payments in both fiat and major cryptocurrencies. As the token is ERC-20 compliant, any compatible wallet can be used for transactions; we do not provide a separate wallet. The public sale will be conducted via an Initial Exchange Offering (IEO), managed according to the payment and wallet regulations of the Exchange, which will oversee the entire process. Accepted payment methods will include cryptocurrencies like Ethereum (ETH) and Tether (USDT). The list of accepted cryptocurrencies may be subject to change and will be updated on https://predipie.com as announcements are made. Fiat currencies such as the US Dollar (USD) and Euro (EUR) will also be accepted.
4.2.1.1. Friends and Family Round
A share totaling 3% of the entire token supply will be allocated to the workforce and partner network of Predipie. At TGE, 10% of these tokens, which equals 3,000,000 PPOG, will be unlocked and accessible. The remaining tokens will be subject to a 6-month cliff period followed by linear vesting over 18 months. This allocation will be made available through a Pre-sale event conducted via the exchanges and launchpad that we will announce in the future. During this round, the exchange rate for PPOG tokens will be set at 1PPOG = $0.0035, and any tokens remaining unsold will be permanently removed from circulation.
Proceeds from this round will be reinvested into the project, primarily aimed at expanding the Predipie team by recruiting top-tier professionals and marketing. This expansion is crucial for the development and timely delivery of the products and services outlined in the project roadmap.
Start Date: April 30, 2024
Duration (days): up to 20 days
Max. Contribution: $50,000
Price: $0.0035
4.2.1.2. Private Sale Phase 1
A total of 10% of the token supply (100,000,000 PPOG tokens) will be made available to institutional investors and experienced blockchain industry participants. At TGE, 5% of these tokens, or 5,000,000 PPOG tokens, will be unlocked for immediate access. The rest will be subject to a 6-month lockup period, followed by linear vesting over the subsequent 15 months. Private Sale Phase 1 will commence in May 2024 and continue for a maximum of 90 days. During this period, PPOG tokens will be offered to the Predipie partner network, as well as private and institutional investors, at the price of $0.0060 per token and a maximum contribution amount of $200,000. All unsold tokens will be transferred to the next token sale phase.
The whole procedure will be governed by the distribution smart contract without any interference from the Predipie team. The purpose of the vesting period is to ensure the healthy price of PPOG Token and safeguard against large selling volumes following the token launch, as well as in an attempt to prevent volatility spikes.
Start Date: Sep 1, 2024
Duration (days): up to 60 days
Max. Contribution: $200,000
Price: $0.0060
4.2.1.3. Private Sale Phase 2
A total of 10% of the token supply (100,000,000 PPOG tokens) will be made available to institutional investors and experienced blockchain industry participants. At TGE, 5% of these tokens, or 5,000,000 PPOG tokens, will be unlocked for immediate access. The rest will be subject to a 6-month lockup period, followed by linear vesting over the subsequent 12 months. Private Sale Phase 2 will commence in August 2024 and have a duration of up to 60 days. During this period, PPOG tokens will be offered to all private investors at the price of $0.0080 per token, with a maximum contribution amount of $200,000. All unsold tokens will be burned.
The whole procedure will be governed by the distribution smart contract without any interference from the Predipie team. The purpose of the vesting period is to ensure the healthy price of the PPOG Token and safeguard against large selling volumes following the token launch, as well as in an attempt to prevent volatility spikes.
Start Date: Sep 1, 2024
Duration (days): up to 60 days
Max. Contribution: $200,000
Price: $0.0080
4.2.2. KOL Round
We have set aside 2% of our total token supply for a strategic investment round. Investors in this round will have access to 12.5% of these tokens, or 2,500,000 PPOG, at TGE. The rest will be subject to a 1-month lock-up period, followed by linear vesting over the subsequent 9 months. This strategic investment round is designed to engage industry influencers to enhance our project’s visibility and credibility.
Start Date: October 25, 2024
Duration (days): 20 days
max. Contribution: none
Price: $0.0090
4.2.3. Public Sale
A portion amounting to 5% of the total token supply will be made available to the public and immediately released for purchase. This public sale is scheduled to commence in November, and will last for a maximum duration of 20 days. The sale will be executed as an Initial Exchange Offering (IEO) globally to registered users of the exchange. Tokens will be offered at a starting price of $0.010 each, with purchases made during the sale being released without delay. It’s important to note that the quantity of PPOG Tokens sold during this Public Sale will not surpass 5% of the total token supply. Investors in this round will have access to 15% of these tokens, or 7,500,000 PPOG, at the Token Generation Event (TGE). The rest will be subject to a 1-month lock-up period, followed by linear vesting over the subsequent 6 months.
Start Date: November 15, 2024
Duration (days): 20 days
Max. Contribution: none
Price: $0.010
4.2.4. Ecosystem and Partnership
20% of the total token supply will be reserved to cover operational expenses, including managing online and offline payment systems, crypto terminals, airdrop campaigns, and partnerships. These tokens will be released immediately to facilitate the smooth operation of Predipie’s ecosystem. This allocation ensures that essential operational needs are met to support the platform’s functionality and growth. These tokens are subject to a 1-month cliff, after which they will vest linearly over 36 months.
4.2.5. Staking Pool
The Predipie staking pool has allocated 5% of the total token supply for early adopter stakers through the Predipie staking smart contract. This amounts to 50,000,000 PPOG tokens, which are locked in a staking pool smart contract to secure the monthly interest for those participating in staking. Participants staking PPOG tokens will earn monthly interest from the staking pool as income. The amount of monthly interest based on the staking period is mentioned in the staking section. There is a maximum staking limit of $50,000 worth of PPOG tokens per user. This structure encourages early adopters to engage in staking activities while also promoting the equitable distribution of rewards from the pool.
4.2.6. Rewards and Incentives
A smart contract has been established to allocate 10% of the total token supply for in-game rewards and incentives, ensuring transparency for users and guaranteeing that there will be sufficient funds to cover game prizes, including a $100,000 reward. Additionally, a portion of the system’s revenue, as detailed in the treasury section, is regularly channeled into this pool to maintain a robust supply of tokens, ensuring that winners receive their rewards without issues. These tokens will be followed by linear vesting over the subsequent 20 months from TGE.
Looking ahead, this reward pool will also be used to fund tournament prizes, allowing the platform to offer attractive rewards for competitive events. This approach helps ensure that players and participants have a consistent and reliable source of rewards, contributing to a more engaging and exciting gaming experience.
4.2.7. Line Activation
10% of the total token supply is set aside for line activation, supporting the future horizontal and vertical expansion of the game. These tokens are subject to a 12-month cliff, followed by linear vesting over 24 months. According to the Predipie roadmap, the game will initially focus on adding gamified features and tournaments for football, and later expand vertically to include other sports like cricket and eSports. This allocation ensures there are sufficient resources to support these strategic growth initiatives and provide a clear path for expanding the game’s scope and reach.
4.2.8. Liquidity
5% of the total token supply is dedicated to providing liquidity for listing the PPOG token on various Centralized Exchanges (CEXs) and Decentralized Exchanges (DEXs). This allocation aims to ensure users can buy and sell PPOG tokens with ease. At TGE, 50% of these tokens—25,000,000 PPOG—will be unlocked for immediate use. The remaining 50% will be unlocked after a 6-month lock-up period. This staggered unlocking schedule is designed to maintain stability and support liquidity across multiple platforms, promoting a seamless trading experience for users.
4.2.9. Team
15% of the total token supply will be retained by the Predipie team and founders for future distributions and to incentivize strategic partnerships. The tokens will undergo a 24-month lock-up period. Following this period, the tokens will be released gradually over the course of 24 months according to a predetermined schedule outlined in the smart contract, ensuring a linear release. This structured approach ensures responsible token distribution and aligns with long-term strategic objectives.
4.2.10. Advisors
5% of the total token supply will be allocated to the advisory board as a token of appreciation for their valuable contributions to the project. The tokens will undergo a 12-month lock-up period. Following this period, the tokens will be released gradually over the course of 18 months according to a predetermined schedule outlined in the smart contract, ensuring a linear release. This structured release mechanism ensures transparency and incentivizes sustained commitment from the advisory board members.
Footnotes
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Token Generation Event ↩