📊Token Metrics
Distribution
There is a maximum number of 1,000,000,000 TADA tokens, divided into several slots with specific uses. The table below provides a breakdown of the token distribution:
% 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
-
-
-
-
-
-
A detailed table of token metrics is available on this link
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:
% of Total Supply
10.00%
12.57%
5.00%
17.00%
5.00%
13.00%
13.43%
20.00%
4.00%
Upfront
0%
0%
25%
0%
0%
10%
10%
0%
0%
Cliff (months)
3 (+12)
3 (+12)
0
10 (+12)
10 (+12)
1
1
0
0
Vesting (months)
30
24
12
54
36
24
24
24
24
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:
NB: Token metrics were amended on Nov. 15th 2024. Original token metrics remain accessible on this link.
Slots purpose
Here is a brief description of the purpose of each slot:
Seed/Private/Public Sale (27.57%): Tokens from these slots have been sold to fund the creation and launch of the project.
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.
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.
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