🪙Tokenomics
Last updated
Last updated
Morphware's tokenomics are meticulously designed to align with its overarching vision of decentralizing computational resources, fostering innovation in machine learning and cryptocurrency mining, and promoting a sustainable and equitable digital ecosystem. The structure of token distribution, rewards, and governance encapsulates Morphware's commitment to its community and the long-term viability of the project.
Total Tokens: 1,232,922,769 XMW
| Allocation | Vesting | |
|---|---|---|
Team & Advisors | 15% | 6 Months Cliff, Monthly Vesting over 18 Months |
Seed Investors | 8% | Unlocked |
Strategic | 1% | Monthly Vesting over 1 Year |
InfoSec Team | 1% | Monthly Vesting over 1 Year |
Treasury Shelf | 25% | |
Liquidity | 50% |
At the heart of Morphware's tokenomics is the strategic decision to have 58% of its tokens in circulation at the time of the Token Generation Event (TGE). This significant initial liquidity is a testament to Morphware's dedication to fostering an active and engaged community from the outset. By ensuring a substantial portion of tokens is available to the public, Morphware aims to promote widespread participation and ownership within its ecosystem.
The allocation of Morphware tokens is carefully planned to support the project's growth and sustainability. The strategy includes:
Strategic Sale and Seed Sale: A portion of the tokens is allocated for early adopters and original investors, providing the necessary capital infusion for the project's development and expansion.
Community Rewards and Incentives: To encourage participation and contribution to the network, a significant allocation is dedicated to community rewards and incentives. This includes compensations for GPU owners contributing their computational power, developers building on the platform, and users participating in governance.
Team and Advisors: Recognizing the importance of the founding team and advisors, a portion of the tokens is reserved for them, subject to vesting periods that align their interests with the long-term success of the project.
Development and Operational Reserve: To ensure the continuous improvement and operational excellence of the platform, tokens are reserved for future development, partnerships, and unforeseen operational needs.
The introduction of ERC20Votes within Morphware's tokenomics framework underscores the project's commitment to decentralized governance. Token holders are empowered to participate in key decision-making processes, including protocol upgrades, resource allocation, and strategic partnerships. This democratic approach ensures that Morphware evolves in alignment with the community's interests and the changing landscape of decentralized computing.
Morphware's tokenomics includes innovative mechanisms designed to reward contributions, ensure network security, and promote sustainable growth. The distribution schedule, coupled with incentive structures for both computational contributions and governance participation, ensures that stakeholders are motivated to contribute to the ecosystem's health and vitality over the long term.
