Bubsy Tokenomics
Last updated
Last updated
Bubsy AI has carefully designed the tokenomics to help the ecosystem grow while maintaining maximum transparency with our investors and supporters.
$BUBSY is an ERC-20 token with a total supply of 70 million ($BUBSY), and this supply can never be increased or minted. The $BUBSY token has the following contract address:
0xD699B83e43415B774B6ed4ce9999680F049aF2ab
This is required for the token to be traded on the Uniswap decentralized exchange. We have paired 85% of the $BUBSY supply against 2.5 ETH.
A partnership can mean anything from onboarding a KOL to a strategic partner. We always look for the value someone can bring to the Bubsy ecosystem, safeguarding the interests of our investors as our top priority.
Bubsy AI wouldn't be possible without the people behind it. To better incentivize and reward their efforts, we have secured a total of 5% of the token supply for them. This supply will be gradually distributed over the years to come; for now, 100% of this has been locked until 2025.
The airdrops are reserved for the following:
Beta testers: People who were in the beta testing group and will continue to remain there to test current and future capabilities of Bubsy. They provide their time and effort and hence deserve a reward for that.
Ofuda holders: The founder of Bubsy AI has a notable history of supporting a group by significantly elevating the token's market cap from $3,000 to nearly a million through a community takeover. Despite the initiative not sustaining due to insufficient funding, the group's steadfast commitment to community building did not waver. In recognition of their perseverance and positive impact, they merit a reward for their loyalty and ongoing support.
Supporters: A small group of people have helped Bubsy gain traction and has assisted with the idea and management; they deserve a small reward as well.
These airdrops will be distributed in batches over an extended period to ensure that they do not impact the Bubsy chart while still achieving our goals.
