Genci - Whitepaper
  • Introduction
    • Genci : Pioneering Decentralized Education for All
  • Decentralization
    • Understanding Decentralization
    • DAO
  • Genci Token
    • The Genci Token
    • Tokenomics
    • Ecosystem
  • Entities
    • The Student Journey
    • Know your Student (KYS)
    • The Board
    • Conclusion
  • FAQs
    • Genci : Frequently Asked Questions
    • Genci University : Frequently Asked Questions
    • Community
  • Privacy Policies
    • Introduction
    • Information we collect
    • How we use the information ?
    • Sharing your information
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  1. Genci Token

Tokenomics

PreviousThe Genci TokenNextEcosystem

Last updated 1 year ago

The tokenomics outlined above encompasses essential aspects necessary for the efficient functioning of the university's financial ecosystem. Each allocation serves a distinct purpose, ensuring a well-rounded framework for sustained growth and operational stability :

1. Ecosystem - 43%: With the introduction of our dedicated ecosystem tokens, we unlock a world of possibilities that revolutionize the student experience. Students will have the opportunity to retain a significant portion of their course fees by staking their tokens, thereby providing us with the necessary liquidity. As a reward for their commitment, these tokens will be gradually released as a well-deserved coronation for their accomplishments upon successfully completing their courses.

2. Core Team - 10%: This portion of tokens is vested, with 10% released after 2 years from the token launch, followed by a monthly release of 7.5% thereafter. This incentivizes the core team's long-term commitment and aligns their interests with the project's success.

3. Community - 10%: This allocation is dedicated to fostering community growth and development, with a monthly release of 2.75% tokens. These tokens empower community members and encourage active engagement and participation.

4. Treasury - 10%: Tokens from this allocation are disbursed as and when required, subject to the vote of the community, committee, and students. The treasury serves as a reserve to support various operational needs and strategic initiatives.

5. Public Sale - 10%: This segment of tokens is released with 10% available on the day of launch, followed by subsequent monthly releases of 7.5%. These tokens are allocated to participants in the public sale, enabling wider access and distribution.

6. Private Sale - 5%: Reserved exclusively for private investors, this allocation ensures strategic partnerships and necessary capital influx for the university's growth.

7. Liquidity - 4%: Tokens from this pool are utilized as needed to provide liquidity when the token is launched on decentralized exchange (DEX) platforms, facilitating smooth trading and market access.

8. CEX - 4%: Allocated for liquidity provision on centralized exchanges (CEX), these tokens support trading activities upon listing on such platforms.

9. Legal - 4%: Tokens from this allocation are released as required for legal purposes, such as obtaining necessary licenses and facilitating compliance-related activities associated with the establishment and operation of the university.