Tokenomics

Name

OrdMarket Tokens

Symbol

$OMT

Supply

1,000,000,000

Type

Utility

OMT is the native token of the OrdMarket platform. The total supply of $OMT tokens is 1 billion. This supply is fixed and will not be increased in the future. This ensures that the value of the token is not diluted over time, and helps maintain its scarcity.

$OMT Allocation:

Users: The largest share of $OMT tokens, amounting to 51% of the total supply, will be airdropped to platform users as a reward for their contribution to the platform. This will incentivize users to actively participate in the platform, and help drive its growth.

Investors and Advisors: 20% of the $OMT token supply will be allocated to investors and advisors who support the development and growth of the platform. These funds will be used to provide liquidity, develop new features, and expand the user base.

OrdMarket Foundation: The remaining 29% of the $OMT token supply will be allocated to the OrdMarket Foundation. This share will be used to fund the development team's efforts to build and improve the platform. The OrdMarket Foundation will also oversee the governance of the platform, and work towards achieving its long-term vision.

Long-term Vision

The long-term vision of OrdMarket.io is to build a fully decentralized platform that is owned and governed by its users. The allocation of the majority of $OMT tokens to users aims to support this vision, as it incentivizes users to actively participate in the platform's development and governance. The OrdMarket Foundation will work towards gradually transitioning ownership and governance of the platform to the community, ensuring that the platform remains truly decentralized and autonomous.

The $OMT token is an integral part of the OrdMarket.io platform, and its tokenomics have been designed to support the platform's growth and development. With its focus on user engagement and community ownership, the platform aims to revolutionize the way artists, collectors and ordinal traders interact with each other, and create a truly decentralized and democratic ecosystem.

Last updated