📊Token metrics
Distribution
The complete table of token metrics is available on this link.
The maximum number of TADA tokens is 1,000,000,000, divided into several pools with specific uses. The table below provides a breakdown of the token distribution:
| Seed | Private Sale | Public Sale | Growth / Team | Advisors | Ecosystem | Community | Treasury | Metabonding | |
|---|---|---|---|---|---|---|---|---|---|
% of Total Supply | 10.00% | 12.57% | 5.00% | 17.00% | 5.00% | 13.00% | 13.43% | 20.00% | 4.00% |
Amount Raised | $1.2M | $2.2M | $1.1M | - | - | - | - | - | - |
Valuation | $12.5M | $17.5M | $22M | - | - | - | - | - | - |
Total tokens | 100M | 125.7M | 50M | 170M | 50M | 130M | 134M | 200M | 40M |
Token price | $0.0125 | $0.0175 | $0.0220 | - | - | - | - | - | - |
Ta-da's fundraising process (in blue) is divided into three stages, as described below:
Seed (10%): It launched the project development, particularly through the recruitment of the first part of the team, hiring various consultants (UI/UX, smart contract and infrastructure audits, etc.) and purchasing certain services (servers, etc.).
Private sale (12.6%): It is used in particular to launch the communication and marketing campaigns as well as for the deployment of the platform on a large scale.
Public sale (5%): This latest round of funding will enable us to launch the project worldwide through the execution of specific marketing strategies.
The other pools have very specific purposes. Here's a brief description:
Team (17%): These incentives play a crucial role in motivating and inspiring both the existing and upcoming members of the Ta-da team. By offering rewards and recognition, we aim to foster a culture of continuous improvement and encourage the team to explore new horizons in developing innovative features that push the boundaries of the project.
Advisors (5%): They will be used to compensate the valuable contributions and expertise provided by our team of advisors. Our advisors play a crucial role in guiding us with their advice, assisting us with our marketing efforts, and sharing their wealth of knowledge in various areas. Their extensive experience and insights are instrumental in shaping our strategies and ensuring the success of our venture. By allocating 5% of the compensation towards our advisors, we demonstrate our commitment to recognizing the significant value they bring to our organization.
Ecosystem (13%): The ecosystem category plays a vital role in fostering innovation and growth within the Ta-da platform. It serves as a catalyst to encourage different actors in the ecosystem, such as developers, entrepreneurs, KOLs, and partners, to create new and exciting products and services that complement and enhance the Ta-da experience. By allocating a significant portion of the token distribution to the ecosystem, we aim to stimulate collaboration, creativity, and entrepreneurship within the Ta-da community.
Community (13.4%): These tokens are used to compensate the first contributors to the platform such as beta testers, moderators, and other community members who have played a crucial role in the early development and success of the platform. Additionally, these tokens are allocated for running special events and conducting targeted marketing campaigns to engage and attract a wider audience to the platform. By rewarding and incentivizing community participation, the platform aims to foster a thriving and vibrant ecosystem where users can actively contribute and benefit from their involvement.
Treasury (20%): A reserve of tokens set aside to adequately address any potential future requirements or unforeseen circumstances that may arise. This ensures that there are enough tokens available to meet the needs of the project and handle any unexpected events that might occur.
Growth (4%): Tokens used in collaboration with MultiversX to reward ecosystem and community users.
Vesting and strategy
We have designed a customized vesting system that ensures a controlled distribution of tokens over time, aligning with the project's milestones and goals. The table below gives all the details:
| Seed | Private Sale | Public Sale | Team | Advisors | Ecosystem | Community | Treasury | Metabonding | |
|---|---|---|---|---|---|---|---|---|---|
% of Total Supply | 10.00% | 12.57% | 5.00% | 17.00% | 5.00% | 13.00% | 13.43% | 20.00% | 4.00% |
Token price | $0.0125 | $0.0175 | $0.0220 | - | - | - | - | - | - |
Upfront | 0% | 0% | 25% | 0% | 0% | 10% | 10% | 0% | 0% |
Cliff (months) | 3 | 3 | 0 | 10 | 10 | 1 | 1 | 0 | 0 |
Vesting (months) | 30 | 24 | 12 | 54 | 36 | 24 | 24 | 24 | 24 |
Why did we add a vesting to the Public Sale? We chose MultiversX’s launchpad in order to raise a quality community that would be involved in the project. Through this tool, we don’t want to onboard investors, but real users who will bring value to the ta-da project and participate in the application. In addition, our philosophy is to encourage healthy token growth with long-term partners, rather than investors looking for short-term profit.
The table above provides figures on vesting (cliff, etc.), but it does not offer a clear picture of how the token's supply evolves over time. To provide a better visualization of this distribution, please refer to the stacked area chart below:
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