FADO GO WHITEPAPER
  • FADO Go - Shop-Ship-Earn
  • Executive Summary
  • The Market
    • Market potential
    • Target market
  • PROBLEM & SOLUTION
    • The Problem
      • Limited social technology integrations by cross-border e-commerce Web 2.0
      • Difficulty in cross-border payments
      • Limited real-life adoption of cryptocurrency
      • Limited accessibility to overseas good-quality products online, real-time and cross-border logistics
      • Difficult to monetize as micro-influencers or followers in e-commerce
    • The Solution
      • A cross-border e-commerce platform fully integrated with social technology
      • Cryptonize the loyalty for shoppers & publishers (KOLs) by FADO Token
      • Cryptocurrency payment adoption in cross-border e-commerce
      • Real-time online shopping with micro-influencers, live selling & international shipping
      • Fan token issuance with exclusive benefits
  • The Ecosystem
    • Loyalty Point
  • Business Model
    • Mission & Vision
    • Value propositions
    • Decentralized business model
    • FADO Go Business Overview
    • Upcoming Business Models
    • Revenue streams
    • Business expansion strategies
    • Key resources
  • The Platform
  • Competition
  • The FADO & FGT Token
    • Overview
    • Use cases & benefits
    • Tokenomics
  • Roadmap
  • Technology
    • Technology Overview
    • E-commerce & livestreaming technology
    • Blockchain technology
  • Our Achievements
  • ABOUT US
    • Team
      • Thuy Pham (Chief Executive Officer)
      • Dat Pham (Founder & COO)
      • Mic Nguyen (Chief Business Officer)
      • Han Nguyen (Strategic Director)
      • Hoa Pham (Chief Technology Officer)
      • Dung Chung (Chief Information Officer)
      • Anh Nguyen (Marketing & Creative Director)
    • Advisor
      • Loc Dinh
      • Thanh Dao
      • Lam Ho
      • David Tran
      • Dung Nguyen
      • Jeanette Seng
      • Thorsten Reblin
      • May Liu
    • Partners & Investors
  • Reference
  • Disclaimer and Notes
  • LINKS
    • Token Website
    • Twitter
    • Medium
    • Telegram Channel
    • Global Community
    • Linkedin
    • Facebook
    • Instagram
    • Tiktok
    • Youtube
Powered by GitBook
On this page
  • Utility Token (FADO)
  • Minting FADO token mechanism:
  • Token Sales
  • Governance Token (FGT)
  1. The FADO & FGT Token

Tokenomics

PreviousUse cases & benefitsNextRoadmap

Last updated 3 years ago

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.

Utility Token (FADO)

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

Minting FADO token mechanism:

Minting via Loyalty Points:

(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

Minting via Token Buying Volume Surplus:

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

Token Sales

Governance Token (FGT)

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