VGT Tokenomics

Smart contract details

VGT is a BEP-20 token with the following smart contract address:

0x47a8881141B78Aa4E5A39214e1e449969E520853

The Technical details of VGT are:

• Symbol: VGT
• Name: Vingt.io Governance Token
• Decimals: 18
• Total/Max Supply: 1,000,000,000
• Non-mintable: New tokens cannot be created
• DAO support: Supports on-chain voting

Utility

Vingt.io Governance Token (VGT) is the building block for decentralized management of Vingt.io Ecosystem. It possesses a hybrid nature and delivers utility through ecosystem protocols. Following are some use cases of VGT

• Protocols Governance
• Network Operations
• Generating Rewards Through Staking
• Eco-system Transactions

Fund Raising

Pre-Seed

Fundraising: $130,000 USD
Status: 100% Complete
Token Pricing: 0.02 USD @ 20M valuation
Tokens distributed: 6,500,000 (0.65%)
No Minimum Investment, No Vesting, Retail Purchase

Seed Round

Fundraising: $600,000 USD
Status: In Process
Token Price: 0.008 USD @ 8M Valuation
Token To Be Distributed: 75,000,000 VGT (7.5%)
Ticket Size: Minimum $50,000 USD with 3 year Linear Vesting

Future Rounds

Token Distribution Auction (TDA) - 1st sept 2024
Strategic Sales (post launch)

VGT-Token Vesting

The follow is the token release schedule of Vingt.io Governance Token (VGT).

Allocation	Percentage	Tokens	Initial Unlock	Cliff	Vesting
Allocation Pre-Sale	Percentage 0.65 %	Tokens 6.5M	Initial Unlock 100 %	Cliff N/A	Vesting N/A
Allocation Seed Round	Percentage 7.5 %	Tokens 75M	Initial Unlock 5 %	Cliff 3 Months	Vesting 36 Months
Allocation Ecosystem Development	Percentage 37 %	Tokens 370 M	Initial Unlock 2 %	Cliff 3 Months	Vesting 60 Months
Allocation Marketing	Percentage 5 %	Tokens 50 M	Initial Unlock 2 %	Cliff 3 Months	Vesting 36 Months
Allocation Token Distribution Auction (TDA)	Percentage 0.85 %	Tokens 8.5 M	Initial Unlock 100%	Cliff N/A	Vesting N/A
Allocation Founders, Team and Advisors	Percentage 22 %	Tokens 220 M	Initial Unlock 2 %	Cliff 3 Months	Vesting 48 Months
Allocation Partnership	Percentage 7 %	Tokens 70 M	Initial Unlock 2 %	Cliff 3 Months	Vesting 36 Months
Allocation Community Incentives	Percentage 5 %	Tokens 50 M	Initial Unlock 2 %	Cliff 3 Months	Vesting 60 Months
Allocation Strategic Reserves	Percentage 8 %	Tokens 80 M	Initial Unlock 2 %	Cliff 3 Months	Vesting 36 Months
Allocation Treasury	Percentage 7 %	Tokens 70 M	Initial Unlock 2 %	Cliff 3 Months	Vesting 48 Months

VGT vesting schedule would begin after the launch on 1st Sept 2024

A stacked area chart of the token vesting schedule is shown below. At the time of launch on DEXs for trading, the initial circulating supply would be 3.695% (36.96M) . This would be followed by a 3 month Cliff and 5 years Vesting for the complete release of 1 Billion VGT (100% supply).