fantomGO ($FTG) is a ERC-20 token based, community-driven ecosystem builder designed to accelerate the Fantom ecosystem. Through building a suite of products and initiatives, fantomGO aims to help innovators build, launch and scale their ideas today.
The first product is a decentralized fundraising platform (launchpad) that allows the core community to participate and support early-stage projects building on fantom, giving projects an effective way to kick start activity from engaged network participants.
fantomGO is a protocol designed to help innovators raise capital in a decentralized environment and is built for cross-chain capital raises and auctions to tap into additional liquidity and users from other ecosystems, but is then settled on the Fantom blockchain.
Token Supply fantomGO has a total token supply of 1B FTG, with a distribution as follows: Total Supply: 1B Foundation: 50M Liquidity Provisioning: 30M Advisors and Partners: 50M Development: 100M Team: 120M Ecosystem and Participate-To-Earn Program: 250M Sale In Aggregate: 400M
Vesting Period The rate at which tokens are released can impact the market. The distribution of FTG was designed to best align distributions with milestones that can create functional demand for FTG.
- Foundation: 6-month cliff, then a daily release for 24-months
- Team: 6-month cliff, then a daily release for 24-months
- Advisors and Partners: 6-month cliff, then a daily release for 12-months
- Development: 3-month cliff, then a daily release for 15-months
- Ecosystem and Participate-To-Earn Programs: 1-week cliff, then a daily release for 12-months Liquidity: 100% locked for 12-months
- Seed Investors: 160M FTG sold at $0.003 with a vesting of 7.5% initial release, 2-month cliff, then daily release for 12-months
- Private Investors: 240M FTG sold at $0.0055 with a vesting of 10.0% initial release, 2-month cliff, then daily release for 12-months
- The largest distribution of tokens that will hit the market, will be the community driven incentives announced over time. The vesting will ensure there is an alignment of participants with the long-term nature of the project, whilst ensuring it’s engaging to benefit the community.
