Tokenomics
Last updated
Last updated
FADO Go creates a dual-token ecosystem with FADO (Utility Token) and FGT (Governance Token) to establish sustainable and long-term business growth.
FADO will be fair-launched to the community via IDO Launchpads. We aim to raise funds for the governance token FGT and do IEO in the next 6 months after the FADO token release.
FADO holders will be prioritized in FGT token sale with special discounts & benefits.
Both tokens will be issued on multi-chain and firstly built on Binance Smart Chain (BSC) and will be listed on both centralized and decentralized crypto exchanges (CEXs and DEXs).
FGT governance tokens represent voting powers in the ecosystem and have the deflation mechanism through Buy Back & Burn based on FADO Go's revenue. Holders will shape the future of FADO Go by showing their support/disapproval for upgrades in the ecosystem and deciding the usage of the community treasury.
Shoppers will be able to earn extra income with FADO Go if they stake either or both tokens, participate in key governance votes, and pay for goods & services on our shopping platform.
FADO token aims to raise funds to develop all features in Shopping-To-Earn & Dropping-To-Earn for FADO Go.
Ticker: FADO
Total supply: 10,000,000,000 FADO
Token price: $0.0016
Market Cap: $16,000,000
(Number of minting tokens per day x Average Token Price) <= 1-3% Daily Order Value (adjusted according to the actual situation)
Minted tokens will be paid out: 70% for Buyers and 30% for Team
Number of minting tokens = (Token Buy Volume - Token Sell Volume) x K% (K is adjusted according to the actual situation)
Minted tokens will be paid out: 70% for Stakers and 30% for Team
FGT tokenomics will be finalized with more details based on FADO token valuation. FGT token sale will raise funds to develop the SocialFi Live Shopping platform on FADO Go.
Ticker: FGT
Total supply: 100,000,000 FGT
Token price: N/A
