Tokenomics
Last updated
Last updated
To foster a robust and thriving ecosystem, VirtualDaos has crafted a well-rounded tokenomics and distribution strategy for $DAOX, emphasizing fair initial circulation, community incentivization, and long-term sustainability.
Total Supply: 1,000,000,000 $DAOX
Initial Supply: 695,000,000 $DAOX
Private
10%
25%
12.5% monthly for 6 months
Subscription
50%
100%
Ecosystem
20%
5%
DAO votes, but not more than 10% supply in 1 year
Liquidity/CEXs
15%
100%
Community
5%
20%
DAO votes, but not more than 3% supply in 1 year
$DAOX Token Flow
The $DAOX token serves as the central utility within the VirtualDaos platform, powering all transactions, interactions, and services related to DAO creation, management, and engagement. By anchoring the platform's ecosystem to $DAOX, VirtualDaos ensures a consistent value exchange across its ecosystem, making it essential for DAO growth, governance, and community participation.
Governance Token for DAO Creation and Management
$DAOX is the default token used for creating and managing DAOs on the VirtualDaos platform. It enables seamless governance interactions, such as voting and proposal submission, ensuring transparency and accountability.
Payment for Advanced Governance Features
While basic DAO creation is accessible to all, advanced governance tools and management features require payment in $DAOX. These tools help DAOs streamline operations and scale effectively, reinforcing the token’s utility.
Community Reward Mechanisms
$DAOX is used to incentivize active participation within the DAO ecosystem. Community rewards are distributed to members who contribute meaningfully to governance or growth initiatives, fostering engagement and collaboration.
With $DAOX at its core, VirtualDaos empowers DAOs to thrive while building a sustainable and inclusive decentralized ecosystem on the Sui blockchain.