Project Financing
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:
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
|
Private Sale & Initial DEX Offering
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.
Available for Sale | Price | Raising | Initial Marketcap | Protocol |
88,888,888 GGEZ1 | $0.011 USD | $977,777 USD | $20,000,000 USD | Solana SPL |
Tokens will be 100% locked with 5 years vesting and 12-month cliff.
Funds Allocation
The allocation of funds from the token sale is as follows:
Proceeds | PER |
Platform Development | 50% |
Sales & Marketing | 20% |
Operations Support | 15% |
Growth | 12% |
General & Administrative Expenses | 3% |
Last updated
