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Tokenomics

This is a guideline of CITY tokenomics which will apply across all City tokens launched in the ecosystem.

CITY Tokenomics:​

  • Ticker: $CITY

  • Total Supply: 100,000,000 $CITY (100mil)

  • Sale Supply: 50,000,000 $CITY (50mil) (50%) sold in rounds starting at $0.01, increasing to $0.50.

  • Bond Staking: 20,000,000 $CITY (20mil) (20%)

  • Team: 20,000,000 $CITY (20mil) (20%)

  • Operations Sales Bonus: 10,000,000 $CITY (10mil) (10%)

CITY tokens are allocated in a structured manner for balanced distribution.

Emphasis is placed on supporting bond staking, the core team, operational needs, and potential validators/nodes.

Sale supply encourages broader accessibility and participation in the $CITY ecosystem.

50m Sales Round:​

Round 1 - 5m @ $0.01 = $50k

Round 2 - 5m @ $0.02 = $100k

Round 3 - 5m @ $0.03 = $150k

Round 4 - 5m @ $0.04 = $200k

Round 5 - 5m @ $0.05 = $250k

Round 6 - 5m @ $0.06 = $300k

Round 7- 5m @ $0.07 = $350k

Round 8 - 5m @ $0.08 = $400k

Round 9 - 5m @ $0.09 = $450k

Round 10 - 5m @ $0.10 = $500k

Total raised: $2.75m for 50m tokens

Lowest price $0.0275 based on:

  • UNIT token price remaining constant
  • total supply of 100m
  • given all raised in UNIT

10m Bonus 20% token bonus bought go to user who invited, no crypto bonus

20m Bond Staking 10% bond staking rewards

CITY token's strength comes from being backed by cryptocurrencies like BTC, ETH, BNB, etc.

Buyers must use these cryptocurrencies to purchase the token, ensuring a diverse and strong support system.

Distribution Conditions for the Sale Supply:​

CITY token's strength comes from being backed by cryptocurrencies like BTC, ETH, BNB, etc.

Buyers must use these cryptocurrencies to purchase the token, ensuring a diverse and strong support system.

To achieve this backing, 90% of all cryptocurrencies raised through $CITY token sales are securely locked into the $CITY treasury.

Key Features:​

CITY token combines strong fundamentals, offering a distinctive asset in the cryptocurrency realm.

Immediate, Transparent, and Real Value: Backed crypto provides immediate, transparent, and tangible value to the $CITY token, ensuring a strong market presence.

Redemption Option for Holders: $CITY token holders can redeem backed crypto at any time by burning their tokens, offering a user-friendly redemption process.

Index of the Entire Crypto Economy: $CITY acts as an index representing the entire crypto economy, reflecting the broader crypto landscape.

Value Growth Mechanism: $CITY token grows in value continuously by receiving 0.5% of every exchange on the $CITY Network, ensuring its value appreciation.

Bond Staking Program:​

Total allocation:​

20,000,000 $CITY tokens are set aside as rewards for participants in the Bond Staking pool.

Incentive:​

Users are encouraged to lock their $CITY tokens by receiving rewards in the form of $CITY tokens.

Distribution:​

Over 10 years, 10,000,000 $CITY tokens are distributed annually.

Long-term commitment:​

The program spans a decade, offering a sustained incentive for participants.

Halving mechanism:​

After the initial 10 years, yearly halving reduces rewards until the supply is exhausted, ensuring a controlled distribution.

Opportunity:​

Users can earn rewards while contributing to the stability and growth of the $CITY ecosystem.

Strategic distribution:​

The extended duration and halving mechanism ensure a measured distribution of $CITY tokens.

Team Token Allocation:​

Allocation: 200 team members receive 1,000,000 $CITY tokens each, totaling 200,000,000 $CITY.

Cliff Period:​

Tokens are inaccessible for 3 years to establish a vested period before team members can access them.

Vesting Period:​

After the cliff period, tokens are gradually released over 5 years, starting from the signing of the Cooperation Agreement.

Purpose:​

This distribution ensures that team members are aligned with the long-term success of the $CITY ecosystem. The vesting period encourages dedication and commitment by linking token accessibility to continued contributions and success over time.

Operations Token Distribution:​

Allocation:​

100,000,000 $CITY tokens for operational bonuses.

Distribution:​

Team members and Advisors receive bonuses based on their referrals' $CITY purchases from sale rounds.

Team Operational Bonuses:​

Team members receive 20% of the USD sale value in $CITY as an operational bonus.

Advisor Operational Bonuses:​

Advisors receive 10% of the sale value in $CITY as an operational bonus.

Incentive:​

This structure encourages both Team members and Advisors to promote $CITY sales actively.

Tie to Success:​

Bonuses are directly linked to the success of referrals in purchasing $CITY during sale rounds, promoting collaboration for the growth and success of the $CITY ecosystem.