Tokenomics
Token Distribution
- 50% of the total supply will be distributed in 2023-2024.
- After the first 3 years, we may shift from a halving system to something different, yet similar in nature.
- This will likely be decided by a community vote.
| Year | Token Distribution (%) | Comments |
|---|---|---|
| 2024 | 50% | Initial distribution |
| 2025 | 25% | 1st Halving |
| 2026 | 12.5% | 2nd Halving |
Features
Meme Coin and Store of Value: While NIKO will be a utility token, we recognize the importance of engagement and outreach strategies. Therefore, we also intend to market it as an NFT meme coin through the use of a narrative (Story Mode). We also plan to promote NIKO as a store of value by seeking partners in governance projects.
Governance: In 2025, perhaps earlier, we intend to build a system similar to the Algorand governance program, where major holders of rxelminians can lock up NIKO and spaces for voting power.
Distribution
- 10% of the total supply by the end of 2023.
- Start of weekly NFT and PoP airdrops at the beginning of 2024.
- The Universal Basic Income (UBI) will start on June 1st for all rxelminians.
- 30% of the total supply has been allocated to these programs for the year.
NIKO Team Distribution
- 1% of the total NIKO supply will be added to a Dartroom wallet each year for 10 years, totaling 10% of the total supply.
- 5-10% of the total supply will go to investors. This is currently being negotiated
- Prohibition of selling the received NIKO until at least 2026 has been agreed by the rxelms team.