11Minutes
  • Introduction
    • What is 11Minutes?
  • 11Minutes Game Series
    • What is the 11Minutes Game Series?
    • Rewards
    • Mint your Ticket
      • How to switch to Polygon Main with Metamask
    • Start the Game
    • Claim your Reward
  • Token
    • ELVN Token Introduction
    • Tokenomics
      • Private Sale
      • Public Sale
      • Staking Rewards
      • Marketing
      • Strategic Acquisition
      • Gamepad Funding
      • Core Team
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  • Token Allocation
  • Private & Public Sales Allocation
  • Use of Funds
  1. Token

Tokenomics

Token Allocation

Allocation
Percent
Total
Notes

Private & Public Sales

17%

170,000,000

Specifics below

Staking Rewards

10%

100,000,000

Locked for 1 month, released over 2 years (daily)

Marketing

10%

100,000,000

Locked for 1 month, released over 2 years (daily)

Strategic Acquisition

15%

150,000,000

Locked for 1 month, released over 2 years (daily)

Gamepad Funding

15%

150,000,000

Locked for 6 months, followed by a 18 month vesting schedule

Liquidity Reserve

8%

80,000,000

Will be used as per liquidity needed on DEX and CEX

Core Team

15%

150,000,000

Locked for 12 months followed by a 18 month vesting schedule

Advisors

10%

100,000,000

Locked for 6 month, released over 21 month

Private & Public Sales Allocation

Allocation
Percent
Token Amount
Price
Total Price
Notes

Pre-Seed

1%

10,000,000

$ 0.015

$ 150,000

5% TGE 1 month locked followed by 11 month vesting

Seed

6%

60,000,000

$ 0.02

$ 1,200,000

7.5% TGE 1 month locked followed by 10 month vesting

Private

6%

60,000,000

$ 0.025

$ 1,500,000

10% TGE month locked followed by 8 month vesting

IDO

4%

40,000,000

$ 0.0285

$ 1,140,000

15% TGE 1 month locked followed by 7 month vesting

Total Funds: $ 3,990,000

Market Cap after IDO: $ 484,500

Use of Funds

Use of Funds
Percent
Amount
Notes

Marketing

20%

$ 798,000

Airdrops, influencers, traditional media

Listing & Liquidity

20%

$ 798,000

IDO liquidity then further liquidity on Binance

Game Development

40%

$ 1,596,00

Key Staff, Designers, Core Developers

Operations

15%

$ 598,500

Hosting, Infrastructure, HR, Key Hires

Business Development

5%

$ 199,500

Partnerships & Expansion

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Last updated 3 years ago