
AlbumX Tokenomics
Token Distribution:
XRP Community Airdrop – 5%:
- A 5% allocation reserved for an airdrop specifically for the XRP community.
- Helps incentivize early support and engagement from XRP holders.
Development Fund – 9%:
- Reserved specifically for platform development, app updates, and infrastructure enhancements.
- Ensures that the team can continuously innovate, improve user experiences, add new features, and secure the platform.
- These funds are in a lock-up period of 18 months to maintain developer commitment and prevent significant market impact from large sales.
Marketing Fund – 6%:
- Allocated for building brand awareness and user adoption through marketing and promotional campaigns.
- Includes partnerships with influencers, promotional events, digital ads, and rewards for early adopters.
- Strategically used to boost the coin’s visibility, incentivizing new user engagement and platform adoption.
Open Market – 80%:
- The majority of the coin supply is available for open market transactions.
- Allows for free trading and participation in decentralized exchanges (DEXs) and centralized exchanges (CEXs) if listed.
- Maximizes user participation and keeps the platform aligned with open-market demand and supply.
- This high percentage also empowers the community to have significant control and influence over the price action and liquidity of the coin, fostering a decentralized ecosystem.