Token Economic Model

Token - ERC20

Name：UTP

Currency name/representative letter：UTP

Total number of coins: no limit

Production of Utopia Coins

The output of Utopia Coin will follow the number of "NFT pledge system", and the output will be proportional.
According to different pledge schemes, there will be different bonus coefficients, which will be distributed to the wallet at 00:00 every day.

Item

percentage

info

NFT Staking System

50%

The output of Utopia Coin will follow the number of "NFT Staking System", and the output will be proportional.

Reward Pool

30%

UTP coins allocated each time will be automatically locked, and will be rewarded to the community in different subsequent activities.

flow cell

10%

TBA

Marketing and Partners

The UTP coins allocated each time will be automatically locked for 6 months, and then released at 20% every month.

development team

The UTP coins allocated each time will be automatically locked for 6 months, and then released at 20% every month.

example:

When 100 wallets pledge 5 UTOPIA NFTs for 30 days.

That is, after 30 days, UTOPIA will have 8,600 UTOPIA coins, of which 4,300 will reach the wallets of UTOPIA participants.

The remaining 4,300 (50%) will be allocated to

*(43 pieces x 100 people) / 50% = 8,600 (total)

"Reward Pool" 2,580 (30%)

"Flow Pool" 860 (10%)

"Marketing and Partners" 430 (5%)

"Development team" 430 (5%)

example:

When UTOPIA participants pledge 5 UTOPAI NFTs for 30 days.

That is, after 30 days, participants will receive 43 Utopia coins, 1.433 coins per day, and 0.0001659 coins per second Real-time updates, UTOPIA participants can also see the beats per second on our official website STAKING page!

CAUTION!

The distribution ratio of tokens will be fine-tuned according to the development status. If you have any cooperation needs, please contact -->

Regarding the content of this white paper, the project operator "Utopia Hong Kong": NFT UTOPIA reserves the right to make final revisions and interpretations!!

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Last updated 2 years ago

Production of Utopia Coins

The output of Utopia Coin will follow the number of "NFT pledge system", and the output will be proportional.

According to different pledge schemes, there will be different bonus coefficients, which will be distributed to the wallet at 00:00 every day.

Item

percentage

info

NFT Staking System

50%

The output of Utopia Coin will follow the number of "NFT Staking System", and the output will be proportional.

Reward Pool

30%

UTP coins allocated each time will be automatically locked, and will be rewarded to the community in different subsequent activities.

flow cell

10%

TBA

Marketing and Partners

The UTP coins allocated each time will be automatically locked for 6 months, and then released at 20% every month.

development team

The UTP coins allocated each time will be automatically locked for 6 months, and then released at 20% every month.

example:

When 100 wallets pledge 5 UTOPIA NFTs for 30 days.

That is, after 30 days, UTOPIA will have 8,600 UTOPIA coins, of which 4,300 will reach the wallets of UTOPIA participants.

The remaining 4,300 (50%) will be allocated to

*(43 pieces x 100 people) / 50% = 8,600 (total)

"Reward Pool" 2,580 (30%)

"Flow Pool" 860 (10%)

"Marketing and Partners" 430 (5%)

"Development team" 430 (5%)

example:

When UTOPIA participants pledge 5 UTOPAI NFTs for 30 days.

CAUTION!

The distribution ratio of tokens will be fine-tuned according to the development status. If you have any cooperation needs, please contact -->

Regarding the content of this white paper, the project operator "Utopia Hong Kong": NFT UTOPIA reserves the right to make final revisions and interpretations!!