Project Financing
Last updated
Last updated
Investors interested in the project can participate by buying the GGEZ1 tokens. It is an investable vehicle with a volatile pricing valuation for investors to make potential gains in the future. The token Will have a limited supply of 1,777,777,777.
GGEZ1 project token price valuation used is based on the Net Present Value (NPV) of the project taking into consideration discounted cash flow estimates and required rates of return. Utilizing this technique, a token price range between $0.02 USD and $0.03 USD was determined; for early investors, a price of $0.011 USD has been determined to be the initial token sale price.
We will start building the GGEZ platform and economy through multiple phases of development, each phase announcement will come in the form of improvement proposals with a suggested release and sales of tokens from escrow that will be used to jumpstart the new phases and we will present a detailed plan of the new features and their estimated impact on the project.
We plan to start the project fundraising during the period Q3 2022; we will issue 1,777,777,777 GGEZ1 governance tokens and offer 5% of the total token supply as a seed sale through private sales and an Initial DEX Offering (IDO) at a sale price of $0.011.
The token distribution for the project will be as the following table:
Upcoming Q3 2022 GGEZ1 Seed Sales
We plan to raise around USD 1,000,000 during the initial token sales, there shall not be a soft cap and therefore there will be no refunds made of funds contributed towards the project. Funds raised during the token sales will be used to fund the development and deployment of the GGEZ1 platform and ecosystem.
Tokens will be 100% locked with 5 years vesting and 12-month cliff.
The allocation of funds from the token sale is as follows:
Allocation
PER
Tokens
Token Sales - Seed
5%
88,888,889
Token Sales - Private
7%
124,444,444
Token Sales - Main Sale
13%
231,111,111
GGEZ Labs
25%
444,444,444
Team
12%
213,333,333
Advisory board
5%
88,888,889
Exchanges & Liquidity Pools
5%
88,888,889
Rewards & Incentives
5%
88,888,889
Stacking
5%
88,888,889
GGEZ1 Foundation
10%
177,777,778
Ecosystem
5%
88,888,889
Reserve
3%
53,333,333
Total
100.00%
1,777,777,777
Available for Sale
Price
Raising
Initial Marketcap
Protocol
88,888,888 GGEZ1
$0.011 USD
$977,777 USD
$20,000,000 USD
Solana SPL
Proceeds
PER
Platform Development
50%
Sales & Marketing
20%
Operations Support
15%
Growth
12%
General & Administrative Expenses
3%