Vibe Network
  • Welcome to Vibe Network
  • Introduction To Vibe Network
  • How Vibe Network Works
    • 15 Hours of Fame
    • Famous Moments
    • Achievements and Profile Badges
  • Tokenomics
  • Roadmap
  • Closing Statement
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  • Allocation
  • Vesting Schedule
  • Deflationary Model

Tokenomics

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Last updated 7 months ago

Allocation

Vesting Schedule

Advisors: 0% TGE, 6-month cliff, 24-month linear vesting

Team: 0% TGE, 2-month cliff, 24-month linear vesting

Pre-sale: 5% TGE, 3-month cliff, 12-month linear vesting

The Vibe team has formulated a tokenomics model designed to meet all the needs for a project of this nature and scope. These figures and allocations are based on numerous different factors, including industry standards, successful cases, and market dynamics.

It is optimized to ensure that funds aren’t spent disproportionately relative to the project’s needs to maintain a healthy model through various project stages and market conditions. Unforeseen circumstances and rare opportunities alike have been accounted for, with a small allocation for seasoned advisors who provide valuable guidance and unique perspectives at all times.

Strong emphasis is placed on the platform's long-term integrity, with 70% going to the key components essential to its operations. Finally, 28% is allocated to ensure the platform remains relevant, secure, and innovative throughout its development.

Deflationary Model

The key to a sustainable and long-term tokenomics model that includes a complex reward system is a proven deflationary model that can balance how the tokens are distributed and traded across the decentralized web. This model respects the fundamental principles of supply and demand and works to ensure the rewards for contributors do not stagnate over time.

This model allocates 1% of the platform revenue to buy back and burn tokens, permanently removing them from circulation.

The adopted figure is an average based on recommendations from numerous experts in the field, leaning towards the side of moderation to avoid any damage it may cause to the ecosystem.

The primary sources of revenue for the platform consist mostly of advertisements as well as a premium subscription model.