What is 1xMM Token
The 1xMM token is a token created to support our initiative and developments along the coming years. The token will be:
- a.Deflationary
- b.Auto-burnable
- c.Auto-exchangeable
- d.Bridgeable
Token Benefits
1xMM token offers additional benefits, aside from the natural design benefits detailed above:
- 1.Dedicated 1xMM Pools
On each blockchain where 1xMM will be deployed, 1xMM Pools will be created to offer staking possibilities to users. Liquidity will be provided on the short side of the pool to pay funding rate to users taking the long positions, and favor a positive trend on the token.
- 2.Fee discounting
Users holding 1xMM will get rebate across all pools:
- Up to 40% rebate on the Minimum Fee
- Up to 35% rebate on the Holding Fee
- 3.Up to 10% buy-back every year
1xMM Yield
We will create a dedicated 1xMM Pool where we will manage to deposit 1xMM Tokens on the short side so that our 1xMM holders will be able to earn yield if the token price is going up in the market. The 1xMM Yield provides a key attractive feature to the 1xMM Token since it will favour 1xMM Token holding and therefore increase in market value. Since the token is deflationary, all these elements combined together will ensure strong price support in the market.
Smart Contracts
1xMM token smart contract is completed but pending to be deployed since it will work together with the 1xMM pools. You can learn more about our smart contract functions at
Tokenomics
Symbol
1XMM
Total Supply
65,000,000
Private Seed
$0.25 / 1XMM
Public Seed (incl. Telegram)
$0.30 / 1XMM
Pre-Sale
$0.40 / 1XMM
Sale
$0.50 / 1XMM
Initial Market Cap
$16,250,000
Initial Circulating Supply
20%
Fully Diluted Market Cap
$32,500,000
Symbol | 1XMM |
Total Supply | 65,000,000 |
Private Seed | $0.25 / 1XMM |
Public Seed (incl. Telegram) | $0.30 / 1XMM |
Pre-Sale | $0.40 / 1XMM |
Sale | $0.50 / 1XMM |
Initial Market Cap | $16,250,000 |
Initial Circulating Supply | 20% |
Fully Diluted Market Cap | $32,500,000 |
Private Seed
1.54%
Public Seed (incl. Telegram)
3.08%
Pre-Sale
2.31%
Sale
7.69%
Ecosystem Bootstrapping
3.08%
Pools / Liquidity / Cash Mgt
80.00%
Team
2.31%
Allocation | % of Supply | Release Schedule |
|---|---|---|
Private Seed | 1.54% | Fully released at Token launch. Vesting 2M - then linear vesting 6M. |
Public Seed (incl. Telegram) | 3.08% | Fully released at Token launch. |
Pre-Sale | 2.31% | N/A |
Sale | 7.69% | N/A |
Ecosystem Bootstrapping | 3.08% | Cliff 2M. No vesting. |
Pools / Liquidity / Cash Mgt | 80.00% |
|
Team | 2.31% | Cliff 2M. Vesting 6M. |
Total Supply: 65,000,000 tokens
Private Seed
Fully released at Token launch. Vesting 2M - then linear vesting 6M.
Our Smart Contracts
Lending Contract
A smart contract that enables borrowing and lending of digital assets
Staking Contract
A smart contract that allows users to lock their tokens and earn rewards
1xMM Contract
Smart contracts are simply programs
Airdrop / Public Seed
Obtain 1XMM Tokens through Telegram mini-app
Bonus Purchase Allocation
Up to 2 million 1XMM Tokens available for bonus purchases
Allocation Progress
0 / 2,000,000 Tokens
1 XMM Token per $0.30 spent in bonuses
Ranking Rewards
Up to 2 million 1XMM Tokens distributed based on user rankings
Minimum 60,000 Tokens guaranteed for top 3 users
Top 3
60,000+ Tokens each
Top 10
30,000+ Tokens each
Top 100
5,000+ Tokens each
The final distribution of tokens will be adjusted based on the total number of participants to ensure fair allocation while maintaining the guaranteed minimums for top performers.
Initial funding distribution
Admin / Salaries
30.6%
IT Dev.
28.2%
Marketing
23.5%
Legal / Infra.
17.6%
Token allocation breakdown
Pool Liquidity / Trading
40.3%
Legal / Opex
13.5%
IT Dev. (I and III)
33.9%
Marketing&Comm
12.3%