Tokenomics

Token Utilities

• Governance: participate in making proposals and votes
• Staking & tipping: holders earn rewards by Staking. Users posting good replies and contents can be tipped by thread owners.
• Payment Medium: payment of commission fee, including threads and data storage. Payment to start private threads.
• Revenue Buyback: platform revenue will be partially be used for buy-backs
• User Incentivizing & Social Farming: MESA tokens can be farmed simply by socializing in our reddit-like bulletin board "myThread" via Social Farming.

Token Metrics

Token Ticker: MESA
Total Supply (Capped): 5 Trillion
Initial Market-cap: $408,000
Fully Diluted Value: $9M
Token Distribution is as follows:
Reserve: 5% of the total supply; reserved for foundation administration and long-term development of the project; 0% TGE, Locked 1 year, thereafter linear vest 2 years
Advisors: 4% of the total supply; 0% TGE, then 90 days cliff, then monthly vesting for 8 months
Team:10% of the total supply; 0% TGE, then 90 days cliff, then monthly vesting for 11 months
Liquidity Provisioning: 14% of the total supply; Release as required for DEX/CEX listing, LP locked for at least 6 months
Staking/LP Rewards: 19.78% of the total supply; reserved for the network incentives for user acquisition, community growth and business development purposes. Unlocks to be decided by DAO Governance through votings and Committee proposals.
Fundraising: 37.22% of the total supply:
  • Private Round
Price: $0.0000012 Amount: 1,750,000,000,000.00 Total Raise: $2,100,000.00
Vesting: 12% TGE, then 45-day cliff, then vesting 25%, 25%, 25%, and 13% on a 45-day basis
  • Public Round
Price: $0.0000018 Amount: 111,111,111,111.11 Total Raise: $200,000.00
Vesting: 15% TGE, then 45-day cliff, then vesting 25%, 25%, 25%, and 10% on a 45-day basis

Buy-backs and a Deflationary Mechanism

As well written in the Roadmap, myMessage will perform buy-backs utilizing the fees incurred when users use our services.
Token supply deflation is a mechanism that ensures that the company can generate more demands for tokens in the market, and reduce supply at the same time.
Certain proportions of MESA tokens will be bought back and burnt using the commission fees during the applications of derivative issuance and trading by our users. The buy-backs will be carried out on a regular basis.
With increasing use cases and expanding user base, more values will be added to the ecosystem for sustainable and long-lasting growth.
Last modified 8mo ago