FriendChips
  • FRIENDCHIPS
  • Friend Tech Ecosystem
  • Introduction to FRIENDCHIPS
    • Goals and Objectives
    • Tokenomics
    • Bonding and Its Significance
    • Staking Rewards
    • Tax System on Uniswap LP
    • Roadmap and Future Developments
  • FRIENDCHIPS Key on Friend Tech
  • Strategies
  • Governance and DAO Implementation
  • Conclusion
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  • FRIENDCHIPS token address
  • FRIENDCHIPS Supply:
  • Team:
  • Advisors / Influencers
  • Seed
  • FRIENDCHIPS Airdrop
  1. Introduction to FRIENDCHIPS

Tokenomics

PreviousGoals and ObjectivesNextBonding and Its Significance

Last updated 1 year ago

FRIENDCHIPS token address

0x082D7215fdfa70D969D7Fb5E783F8fE86A463330

FRIENDCHIPS Supply:

Total Supply: 1,000,000 FRIENDCHIPS

New distribution plan

Category
Total Supply
Tokens
Vested

Airdrop

25%

100,000

2.5% every 2 days on snapshot of Key holders who also hold 1500 FriendChips or BFF tokens

Team

10%

100,000

2 month linear

Seed

20%

200,000

All tokens at launch

Presale

20%

350,000

All tokens at launch

Advisors/Influencers

5%

50,000

2 month linear

Liquidity

20%

200,000

Locked

Previous distribution plan

Category
Total Supply
Tokens
Vested

Treasury

10%

100,000

Locked until DAO formed

Team

10%

100,000

2 month linear

Seed

20%

200,000

25% TGE then 25% per week

Presale

35%

350,000

25% TGE then 25% per week

Advisors/Influencers

5%

50,000

2 month linear

Liquidity

20%

200,000

Locked

Team:

The Team's ongoing work to create the DAO and automate the bridging and buying process will be funded from the tax and a share of the bonded ETH.

Advisors / Influencers

A small group of advisors and influencers were offered discounted tokens in return for their help in structuring the project and raising awareness.

Seed

A $25,000 seed round was raised to fund marketing, development and launch costs.

FRIENDCHIPS Airdrop

Every 2 days following the launch we will take a snapshot of our FriendChips.tech Key holders and distribute 2.5% of the tokens to those Key holders, distributed equally by Key holdings.

Key holders must ALSO hold 1500 FriendChips or BFF tokens in their Friend Tech wallet. You can export your Friend Tech private key from Friend Tech and import to Metamask (or other wallet), which will allow you to control that address on any network (Base, Ethereum, Arbitrum, etc).

This should mean large price volatility for our Key around snapshot times as users may assess our Key’s value partially by it’s value in relation to the airdrop. Volatility means taxes, which allows us to acquire more Keys for the Treasury for our FriendChips token holders.

FRIENDCHIPS Design Flow (click to expand)