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4/Tokenomics

Understand the $FRAC distribution plan

Tokenomics Overview

  1. Fixed Supply

  2. No minting of new tokens

  3. Maximum supply: 500M $FRAC

  4. No deflationary/inflationary mechanisms

Token Demand

Key driving factors behind token demand include:

  • Number of customers that Frac has

  • Degree of success of each of Frac's customer

  • Overall market sentiment towards real world asset tokenization

  • Overall crypto market sentiment

  • Number of collectors/traders who transit from Web2.0 to Web3.0

Token allocation Total Supply: 500,000,000 $FRAC

Category
Percentage Allocation
Number of $FRAC

Team

12.00%

60,000,000.00

Asset Owners' Incentive

12.50%

62,500,000.00

Staking Rewards

32.00%

160,000,000.00

Strategic Partnership

5.00%

25,000,000.00

Foundation

21.00%

105,000,000.00

Angel Sales

5.00%

25,000,000.00

pitchIN Sales Round 1

10.00%

50,000,000.00

Sales Round 2 (Tentative)

2.50%

12,500,000.00

Explanations on specific portions of $FRAC allocation Asset Owners' Incentives - This portion of the tokens is used to reward asset owners who fractionalize and tokenize high-demand assets. This portion of $FRAC can either be rewarded directly from Frac to the asset owners or, given to enterprises for them to reward their asset owners. These tokens are stored in the treasury.

Staking Rewards - This portion of the tokens is used to reward holding behaviour. This means that people who stake $FRAC and hold $FRAC long-term, they get to earn Staking Rewards over time. These tokens are stored in the treasury.

Strategic Partnerships - This portion of the tokens is used to secure specific partnerships and also to reward strategic partners. It is also used to incentivize current Frac partners to adopt $FRAC inside their offerings. These tokens are stored in the treasury.

Foundation - This portion of the tokens serves as rainy day funds. If there is an urgent need to rescue the project or urgent funding is required to advance the project, then this portion of the tokens will be activated. These tokens are stored in the treasury. This portion of the tokens would also be used to provide initial liquidity to any CEX (Centralized Exchange) or DEX (Decentralized Exchange) that the $FRAC would be listed on. All airdrop activities and its' corresponding $FRAC expenses will also come from the Foundation portion of $FRAC.

Key Milestones

Category

Angel Sales

Pricing per $FRAC

0.096 MYR (≈ 0.022 USD)

Raise Amount

2,400,000.00 MYR (≈ 548,343.00 USD)

Approximated Completion Date

Completed in 2022

Category

pitchIN Sales Round 1

Pricing per $FRAC

0.13 MYR (≈ 0.029 USD)

Raise Amount

6,500,000.00 MYR (≈ 1,485,004.00 USD)

Approximated Completion Date

May 2024

Category

Sales Round 2 (Tentative)

Pricing per $FRAC

TBC

Raise Amount

TBC

Approximated Completion Date

February 2025

Disclaimer: Details regarding Sales Round 2 is subject to changes and is not part of the deliverables of this token offering.

Category

Targeted Listing

Pricing per $FRAC

TBC

Raise Amount

N.A.

Approximated Completion Date

Q1 2025

Disclaimer: Details regarding the Targeted Listing Date is subject to changes and is not part of the deliverables of this token offering.

Token Vesting Schedule

To Exit

Team

Event

From Listing

Terms

12 months cliff - vesting period of 2 years. linear release every quarter till full unlock

To Exit

Angel Sales

Event

From Listing

Terms

6 months cliff, vesting period of 1.5 years, linear release till full unlock

To Exit

pitchIN Sales Round 1

Event

From Listing

Terms

6 months cliff, vesting period of 1.5 years, linear release monthly till full unlock

To Exit

Token Sales Round 2

Event

From Listing

Terms

6% released in first month, followed by 23.5% every month thereafter

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