Initial Token Distribution
Last updated
Last updated
The initial issuance of the PVS token in the Paraverse ecosystem is set at 1,000,000,000 (one billion) tokens, which are now freely circulating in the trading market. This plan aims to ensure high market liquidity for the PVS token, support its widespread use within the ecosystem, and enhance its free trading properties.PVS is primarily used to pay for rendering service fees and 3D application experiences and can be freely bought and sold on exchanges. Users can acquire PVS by experiencing 3D applications or engaging in market transactions, thereby promoting the circulation and use of the token within the Paraverse ecosystem.
The initial distribution ratio of PAR tokens in the Paraverse ecosystem is as follows:
Ecosystem Fund: 40%
Used to support the construction and growth of the Paraverse ecosystem, motivate various participants in the network, and ensure the long-term sustainable development of the ecosystem. This part of tokens can be used to motivate, reward and support partners, community members and developers in the ecosystem.
Strategic Partners: partners or organizations with strategic partnerships with the project (such as 3D application developers, 3D asset providers).
Airdrop: a token distribution activity for token holders to promote user growth, community building and marketing.
Community: Support the governance, development and user incentives of the ParaDAO community, promote community activity and long-term ecological growth.
Community Incentives: Reward active users, contributors, content creators, etc., to provide impetus for community development.
Foundation: an independent organization established by ParaDAO, responsible for governance, fund management and ecological development to ensure the long-term stability of the project.
Miners: 20%
This part is used to incentivize miners who provide computing power for the network, verify transactions and ensure system security, ensuring the security and stability of the network.
Initial Mining Incentives: Provide early mining rewards to attract miners to join the network and improve computing power and stability.
Rendering Nodes: Nodes that provide computing resources for the network and perform rendering tasks can obtain rendering income.
Validators: Nodes responsible for verifying transactions and maintaining blockchain network security can obtain verification rewards.
Staking Incentives: Miners need to stake a certain number of PVS tokens to ensure stable operations and obtain additional staking income.
Market Liquidity: 40%
This part is used to ensure the market liquidity of tokens, support the development of the trading ecosystem, and avoid excessive concentration of token supply.
Exchange Listing: Used to pay exchange listing fees and increase market exposure.
Exchange Liquidity: Provide market liquidity to ensure trading depth and price stability.
Public: Users can freely buy and sell PVS tokens, provide liquidity to the market, and support the actual use cases of tokens.