$ACK Token Economics
AcknoLedger has approached the issue of both tokenomics and a fair launch from a new perspective.
Our focus for ACK tokens has always been to gain community trust, first and foremost, building with a vision of fairness and ease of use for the native token itself in mind.
Now, we’re excited to share a more in-depth look at our approach.
AcknoLedger plans to create a Circular Economy where $ACK tokens will be used widely across Metaverses. In addition, those who hold $ACK tokens will be eligible to receive NFT and content airdrops.
Below mentioned are the utilities of the ACK token:
⚡️ Participate in UCNS Governance
⚡️ Promotions of Projects — NFT and Content airdrops
⚡️ Yield Farming and Staking Rewards
⚡️ Listing NFTs on UCNS
⚡️ Accessing premium features of UCNS
AcknoLedger will ensure that the ACK token is used as much as possible, and we will build many use cases around the token to increase the token utility.
Please find below details for Token Economics of Acknoledger’s native token:
⚡️Token Name: ACK
⚡️Total Token Supply: 117,718,487
⚡️Community Sales: 20%
⚡️Hard Cap: $1.8 mn
⚡️Initial MCap: 557.6K USD
⚡️Public Sale Price: 0.10 USD
In the Seed fundraising round, we raised around 1,80,000 USD in total at a price of $0.05 per ACK token. The total number of tokens sold was 3,600,000.
Vesting: 5% TGE, 3 Months Cliff and Vested over 6 Months
In the Strategic fundraising round, we raised around 540,000 USD in total at a price of $0.07 per ACK token. The total number of tokens sold was 7,714,286.
Vesting: 10% TGE, 3 Months Cliff and Vested over 6 Months
In the Private fundraising round, we raised around 810,000 USD in total at a price of $0.085 per ACK token. The total number of tokens sold was 9,529,412.
Vesting: 15% TGE, 3 Months Cliff and Vested over 6 Months
The Public fundraising round is scheduled for 27th October 2021 on Seedify.
We have planned to raise 270,000 in total at a price of $ 0.10 per ACK token. The total number of tokens sold would be 2,700,000.
Vesting: 33.33% TGE, 33.33% Second Month and 33.33% in Third Month
AcknoLedger is a Global marketplace that maps, monetize, and distributes Web 3.0 Digital Assets Seamlessly across all the Metaverses and Gaming NFTs. We envision to be the Nervous System of Web 3.0 Digital Assets. AcknoLedger will work on M2D Model.
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