MetaBoom Whitepaper
  • Executive Summary
  • Overview
  • Why MetaBoom
    • Current problems of web2 and web3 music space
    • Solutions and what we try to achieve
    • The actors in web3 music industry
    • The Value-Flow
  • Listen 2 Earn
    • FAITH points
    • MMU token
    • DJ Rewards Mechanism
    • Junkie Rewards Mechanism
    • FAITH-MMU Converter
    • Artists Rewards Mechanism
    • Sign-up Reward
  • Token
    • MMU Utility
    • FAITH Utility
    • The Conversion between FAITH and MMU
    • NFT Pass (Staking)
  • MetaBoom expansion
    • Earning power
    • non-earning related
    • Collabration with web3 partners
  • Tokenomics
    • Toke Supply
    • Token Distribution
  • Token Sustainability
    • Revenue
    • Treasury Pool
  • Gamification Elements
  • Social-Fi Elements
  • MetaBoom DAO
  • Roadmap
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  1. Tokenomics

Token Distribution

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Last updated 1 year ago

MMU will be distributed to parties who contribute resource and effort to achieve a new web3 music industry.

Most of the token will be reserved to reward actors in the ecosystem for the right behaviors. That included artists, MetaDJs, and MetaJunkies.

The token has an annual distribution cap which is at 50,000,000 tokens.

Vesting Schedule (lock-up period) for the following token holders are

  • Private sales : 6 months cliff with monthly vesting over 12 months

  • Team : 12 months cliff with monthly vesting over 24 months

  • Advisors : 6 months cliff with monthly vesting over 18 months