6. The Qorra Token (QOR): A Cornerstone of Ecosystem Value and Security
The Qorra Token (QOR) serves as the foundation of our ecosystem, designed to optimise utility and ensure consistent value for its holders. Our strategic token allocation and innovative tokenomics reflect our commitment to fostering a vibrant community and supporting the Qorra platform's continuous development and promotion.
Token Allocation and Strategic Implementation
Our thoughtful allocation of QOR tokens is aimed at building a sustainable ecosystem:
Pre-seed and Seed Phases: Initiating early investment and fostering community engagement.
Public Sale and Launchpad/IDO: Facilitating a wider distribution and ensuring Qorra's robust market entry.
Development Team and Marketing Fund: Allocated tokens to drive continuous platform development, outreach, and operational expansion.
Staking Pool Reward: To incentivise active participation and investment in the platform's growth.
To enhance ecosystem stability and foster long-term commitment, we've implemented staggered vesting periods, significantly reducing the risk of market volatility and preserving ecosystem vitality.
Detailed Token Supply Distribution
At the time of this whitepaper's publication, the token distribution status is as follows:
Pre-Seed: 5M Tokens, with 5% non-vested at TGE, vesting over 36 months post an 18-month cliff.
Seed Round: 5M Tokens, with 10% non-vested at TGE, vesting over 36 months post a 12-month cliff.
Pre-Sale: 10M Tokens, with 25% non-vested at TGE, vesting over 36 months post a 9-month cliff.
Public Sale: 20M Tokens, with 25% non-vested at TGE, vesting over 36 months post a 6-month cliff.
Launchpad: 10M Tokens, with 25% non-vested at TGE, vesting over 36 months post a 3-month cliff.
Liquidity and Listing: 15M Tokens, immediately available at TGE.
Staking Pool Reward: 7M Tokens, vesting over 36 months post a 6-month cliff.
Development Team and Advisors: 18M Tokens, vesting over 36 months post a 12-month cliff.
Marketing: 5M Tokens, with 10% released monthly post-TGE, over 9 months.
Treasury: 5M Tokens, vesting over 36 months post a 12-month cliff.
This allocation strategy ensures a balanced distribution of tokens, catering to various stakeholders pivotal to Qorra's success and sustainability.
Public Sale & Launchpad Round (IDO)
Our IDO, in partnership with esteemed launchpads, earmarks 30 million tokens for public distribution, ensuring efficient, transparent token dispersal and bolstering Qorra's market entry. This strategic phase includes:
Locked Liquidity: Reserving 15 million tokens on Uniswap for 365 days to stabilise the market.
Vesting Periods: Demonstrating our commitment to long-term growth and stability.
Pricing Strategy: Setting accessible entry points while valuing community impact on token valuation.
Development Team and Marketing Fund
The Development Team and Marketing Fund allocations are crucial for recognising contributions, enhancing Qorra's visibility, fostering community engagement, and forming strategic partnerships. These allocations support our holistic approach to ecosystem growth, ensuring a future where Qorra and its stakeholders thrive together.
By integrating QOR tokens into our operations, we aim to foster a mutually beneficial ecosystem where the platform's growth enhances token demand and utility, securing a vibrant future for Qorra and its community.
Last updated