Tokenomics

Note: No other minting will take place unless if voted & agreed by the DAO

IFO (Initial Coin Offering)

Sale: 100,000 $VERSE

Price = $4.2

Market Cap: $630,000

Launch

Max Supply: 150,000 $VERSE

Price = $6

Market Cap: $900,000

Distribution

• 66.66..% (100,000 $VERSE) Public Sale

• 16.66..% (25,000 $VERSE) Liquidity

• 16.66..% (25,000 $VERSE) Development Costs & Advertisement (Staked & Vested ~ 5 Months)

Raised Funds Allocation

The $420,000 Funds raised from the IFO will be allocated to the following

Traverse: $290,000 (69%)

Lydia : $130,000 (31%)

• $150,000 to Initiate Liquidity with the 25,000 $VERSE on VERSE-DAI & VERSE-AVAX

• $130,000 LYD Buy Back & Burn

• $80,000 for Development & Team Expansion

• $60,000 Partnership & Advertisement

Vesting

The Development Costs & Advertisement funds are not Time-locked through a contract. Instead, they are staked, wrapped & a linear 5 months vesting schedule is followed.