The $NEXP token
$NEXP ( NEAR eXperience Points) is the utility and loyalty token dedicated to NFT enthusiasts on NEAR Protocol.
The main purpose of the $NEXP token is to reward early NFT adopters on NEAR and add additional utility for our NFTs & others collections.
But what about utility?
- Ability to buy NEARton NFTs via $NEXP
- NEARton will create the ecosystem around it so both residents and guests will be able to spend $NEXP inside the town.
- Partnerships with NFT collections will let people buy some part of supply via $NEXP
Loyalty aspect:
Think about $NEXP not only as "money", it's like XP in RPG. The more good NFTs you collect, the more $NEXP you get.
$NEXP is the opportunity for the devs to engage their holders in the long term and give another reason to HODL their NFTs.
$NEXP Tokenomics
Total Supply - 100,000,000
| $NEXP Distribution |
|---|
| Purpose | % of Total Supply | Number of Tokens | Circulation |
|---|---|---|---|
| Team | 15% | 15,000,000 | 12-month vesting period |
| Marketing & Airdrops | 1% | 1,000,000 | Initial Circulation |
| Liquidity pools | 4% | 4,000,000 | Initial Circulation |
| VCs & Advisors | 15% | 15,000,000 | 6-month vesting period |
| Public Sale | 15% | 15,000,000 | Initial Circulation |
| Staking Rewards | 50% | 50,000,000 | 18-month distribution period |
Total Initial Circulation - 20,000,000 (20%)