Allocation of minting and token presales fund
The BCHGANG NFT is building a decentralized economy for the people. We aim to harness collective intelligence and create economic empowerment for everyone.
The BCH GANG token is a dedicated NFT for the expansion of the Bitcoin Cash ecosystem. The BCH GANG NFT was created to provide an incentive for projects and their communities to start fighting for adoption and active users by leveraging the benefits of non-fungible tokens. By supporting interoperability and staking, BCH GANG will continue to find new ways to reward holders and send quality projects into the space.
Check the direct proposal for the allocation of fund below.
Ok guys, so this is my proposal for the distribution of funds:
80% of minting revenue goes into farming on reputable DEXs on SmartBCH with reasonably stable token pairings such as BCH and a stable token or two stable tokens.
50 to 75% of the farming rewards will be reinvested into the farming funds.
25 to 50% of the farming rewards will be used for reward token buy backs, liquidity increases or expenses for a reward token farm.
The exact allocation of the farming rewards depends on the market conditions and reward token prices at the time.
20% of the minting revenue is allocated for marketing, community events, outreach, future development and team compensation
25% of the NFTs are allocated for marketing, outreach, community events and team compensation.
Presale of the reward token:
3M GANG rewards token (50% of the first year's emission) is allocated for a presale. The presale aims at raising 30 BCH. 100% of the presale proceeds will go into the liquidity pool for the reward token. The presale offers a discount of 20% to the listing price of 0.000012 BCH per GANG token. The presale price is therefore 0.00001 BCH per GANG token.
For every 100 GANG reward tokens created via emission, 3 additional GANG tokens are created and sent to the project's wallet. These tokens can be used for token burns, token liquidity increases and to cover the cost of future developments or marketing, outreach and community events.
The incentives are aligned so that the team is interested in making this project a success in the long term.
Relevant link
Twitter link: follow https://twitter.com/TheBCHGang
Telegram channel link : http://t.me/TheBCHGang
Minting link. https://thebchgang.github.io
Thank you for reading!
Good news indeed!