⚖️Forj Tokenomics - Recap
The Forj community bonding will occur in five (5) separate tranches, each with specific percentage allocations, token values, and vesting schedules as per the below. Each round is capped to a maximum number of tokens. There is no soft cap. Contributions will be accepted in (Polkadot) DOT, stablecoin, and major cryptocurrencies. The complete list of supported tokens will be provided at a later date.
Forj Collectible Card Game (BCCG)
BCCG is a fully digital, NFT based, collectible card game that adds immense utility, educates about our product family, and incentivizes gamers to participate in our ecosystem. A total of 7,500,500 (0.75%) BONDLY tokens will be allocated towards rewards for BCCG holders (see ‘Other Allocations’ table below for vesting schedule). With the introduction of BCCG there will be a burn of approximately 16.379m (1.64%) BONDLY tokens from the total supply of BONDLY tokens.
Initial DEX Offering
Tokens in the round called ‘Initial DEX Offering’ will be issued in a fully autonomous and decentralized manner through the use of a smart contract based DEX. This enables tokens in this round to follow a predefined price curve. Instead of setting a fixed price determined by the team, the bonding curve allows the contribution to respond fairly to supply and demand while setting its own market price. Participants in this round can participate in the contract pool by entering and exiting as they see fit.
Forj intends to set a minimum range of USD 0.025 on the curve. This contribution round will conclude once all tokens have been allocated to participants, or at the expiration of the round period. After this, tokens can be exchanged on other DEXs.
The total contributions accepted on all rounds prior to the initial DEX liquidity offering is expected to be approximately USD 2.61 million.
Other Allocations
The following is a detailed list of Other Allocations
The entirely of the token allocation is represented in the chart below:
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