Promodex Tokenomics

Tokenomics refers to the economics behind a token, how a token project is designed, how much token will be available, its role in the project, its distribution, and supply management. It is a major determinant tool for investment decisions since it helps understand the supply and demand characteristics of a particular project token and enables transparency and monitoring of use of funds and release processes. It simply reflects the performance outlook of that project token.

In this respect, it is important to ensure an effective tokenomics model, which is highly secure and durable against market fluctuations. And this is what Promodex promises to its partners, investors, and contributors of all sizes. A robust tokenomics model is what makes Promodex a promising startup and a valuable investment. Actually, it is what makes Promodex “Promodex”.

Promodex is a blockchain-based programmatic promotional marketplace platform that conveniently connects businesses, brands, and cryptocurrency projects and startups with influencers in social media platforms, bounty hunting followers, and digital publishers of all sizes. Promo token will act as a utility token of the Promodex platform, enabling interaction and facilitating transactions and platform services.

Token Allocation Overview

Promodex has a fixed maximum supply of 900M Promo tokens. Our tokenomics model ensures a fair and transparent token allocation, and is intended to develop a fully sustainable financial ecosystem that will foster an excellent interaction with customers.Below chart represents the Promo token allocation per category.

Token allocation has been divided into eleven categories, which is a product of detailed analysis and meticulous market research. Following paragraphs explain each category based on the size and the percentage of the allocated tokens, target participants and functions, personal cap, release schedule, vesting period, and token price.

1% Seed Fund

9M Promo tokens, only 1% of the total Promo tokens, are allocated for the seed funding round, which amounts to a 108,000 USD of fundraising. Special to the seed round investors, the token price is set to 0,012 USD, which is a 42,86% discounted price compared to the public sale price. Demands for the seed fund participation will be received in the amounts of 10,000 USD and 5,000 USD. The demands for 10,000 USD token purchase will be given priority over the demands for 5,000 USD token purchase. This round targets approved and accredited participants only with a long-term commitment to the project. The funding round will contribute to the fulfillment of Promodex’s ambitious roadmap and leverage the initial growth.

The first vesting period for the seed round is three months. After three months, the purchased tokens in the seed round will gradually be unlocked in four releases with two months intervals. 25% of the tokens will be unlocked in each release. All purchased tokens will have been unlocked after nine months.

6% Strategic Round

Six percent of the total token supply, or 36M Promo tokens, are allocated for the strategic round, with an expected fundraising of 810,00 USD. The price in this round is 0,015 USD, which is a 28,57% discounted price compared to the price in the public sale price. The purchase limits in this round are set between minimum 50,000 USD and maximum 500,000 USD. Fundraising in the strategic round targets companies, brands, and businesses in the advertising industry, who are prospective clients and partners of Promodex.

A 12 months of vesting period applies to the strategic round. After 12 months, the purchased tokens in this round will gradually be unlocked in 10 releases with two months intervals. 10% of the tokens will be unlocked in each release. All purchased tokens will have been unlocked 32 months.

2% Presale

Of the total token supply, 2 percent, or 18M Promo token is allocated for the presale. Projected total fundraising in this round is 270,000 USD. The presale price is set to 0,015 USD, a 14,29 discounted price compared to the public sale price. Minimum 25,000 USD and maximum 50,000 USD purchase limits apply in the presale. Fundraising in the presale targets investors of all sizes.

8 months of vesting period applied to token purchased in presale. 20% of the purchased tokens will be unlocked after 8 months. Total purchased tokens will be unlocked in 5 releases every three months. 20% of the tokens will be unlocked in each release.

1% Private Sale

One percent of the total token supply, or 9M Promo tokens, are allocated for the private sale, with an expected fundraising of 180,000 USD. The private token holders will receive the tokens at 0,020 USD, a 14,29 discounted price compared to the public sale price. The purchase limits for the private sale are minimum 100 USD and maximum 5000 USD. The target audience of the private sale is influencers of all sizes onboarded on the Promodex platform.

20% of the holdings will be unlocked during the TGE. The rest will be unlocked in four releases with three months intervals. 20 percent of the tokens will be unlocked in each release. Initial circulating token supply has been set at 1,8M. All purchased tokens will have been unlocked within one year.

4% Public Sale

Two percent of the total token supply, or 18M Promo tokens, are allocated for the public sale. With a price tag of 0,025 USD, the total funds raised in the public sale is expected to be 900,000 USD. There is no minimum purchase limit, but the maximum limit is 500 USD.

No vesting period applies to the public sale. However, 20 percent of the holdings will be unlocked during the TGE. The rest will be unlocked in two releases with three months intervals. 40 percent of the tokens will be unlocked in each release. Initial circulating token supply has been set at 3,6M. All purchased tokens will have been unlocked within eight months.

15% Team

Of the total token supply, 15 percent, or 135M Promo token is allocated for the project team. One distinctive feature of this tokenomics is quite a long term vesting period set for the project team, which can hardly be seen in similar projects.

A seven months of first vesting period applies to the project team. After seven months, holdings of the team will be unlocked in twenty releases with three months intervals. 5% of the tokens will be unlocked in each release. All tokens will have been unlocked within five years.

20% Marketing And Ecosystem Building

Marketing and Ecosystem Building receives the largest share of the total token supply after Staking Rewards. Twenty percent of the total token supply, or 180M Promo tokens, are allocated for marketing and ecosystem building.The vesting period for marketing and ecosystem building is even much more than the vesting period of the project team.

A four months of vesting period applies to the marketing and ecosystem building. After four months, the allocated tokens will be unlocked in ninety nine releases with three months intervals. 1% of the tokens will be unlocked in each release. Initial circulating token supply has been set at 1,8M, only 1 percent of the total token supply for the marketing and ecosystem. It is projected to take about twenty five years to unlock all tokens.

10% Reserve

Ten percent of the total token supply, or 90M Promo tokens are allocated as reserve tokens. A five months of vesting period applies to the reserve tokens. After five months, the allocated tokens will be unlocked in ninety nine releases with three months intervals. 1% of the tokens will be unlocked in each release. Initial circulating token supply has been set at 1,8M, only 1 percent of the total reserve tokens. All reserve tokens will have been unlocked within 25 years.

15% Liquidity

Fifteen percent of the total token supply, or 135M Promo tokens are allocated for liquidity. A three months of first vesting period applies to the liquidity tokens. After three months, the allocated tokens will be unlocked in ninety seven releases with three months intervals. 1% of the tokens will be unlocked in each release. 3 percent of the liquidity tokens will be unlocked during the TGE. Initial circulating token supply will be 4,05M. All liquidity tokens will have been unlocked within 25 years.

25% Staking Rewards

Staking rewards has the largest share of the total token supply in the Promodex tokenomics model. Twenty five percent of the total token supply, or 225M Promo tokens, are allocated for staking rewards.

A six months of first vesting period applies to the staking rewards. After six months, the allocated tokens will be unlocked in ninety nine releases with three months intervals. 1% of the tokens will be unlocked in each release. Initial circulating token supply has been set at 1,8M, only 1 percent of the total token supply for the staking rewards. All Promo tokens reserved for staking rewards will have been unlocked within 25 years.

1% Advisors

Three percent of the total token supply, or 9M Promo tokens are allocated for advisors. A 12 months of first vesting period applies to the advisors. After 12 months, the tokens allocated for the advisors will gradually be unlocked in 10 releases with three months intervals. 10% of the tokens will be unlocked in each release. All tokens will have been unlocked within ten months.

Use of Funds

The funds raised in this project will be used under five categories: management expenses, legal & accountancy expenses, marketing and ecosystem building, liquidity, and product development. 20% of the funds will be used for management expenses, which makes 356,400 USD. Legal and accountancy expenses are estimated to constitute 5% of the funds, which is 89,100 USD. 22% of the funds will be used for marketing and ecosystem building with an estimated amount of 392,040 USD. 5% will be allocated for liquidity, making 89,100 USD. The largest portion of the funds with 48% will be used for product development, which is 855,360 USD. The total amount of funds that will be used for the above categories is 1,782,000 USD.

TGE Market Condition

Circulating Promo token supply during the token generation event will be 9M, which is only one percent of all token supply. Market hit price is set to 0,022 USD per Promo token. Accordingly, the market cap will be 118,800 USD at the TGE.

89,100 USD and its equivalent of 4.050.000 PROMO tokens will be provided as liquidity at the TGE to help with decentralization of trading.

Facts & Figures About Promo Tokenomics

PROMO Token Release Schedule

Anti-Whale Policy: No Dump In PROMO Price Due To Whale Hands!

Long-Visioned Project: Token Release In 25 Years!

Why Should You Join Associate Influencer Program?

Since influencers are at the heart of the Promodex business model, Promodex started connecting with influencers worldwide with the “Associate Influencer” program. As Promodex gains an influencer base with this program, influencers get benefits and privileges as in the following;

Be an one of associate influencers from here!