Tokenomics

Description

Token Name Quakecore Network Token ($QUAKE): The official token of the Quakecore Network, serving as the central medium for various activities and transactions within the ecosystem.

Token Symbol $QUAKE: The abbreviation for Quakecore Network Token, used on exchanges and within the network.

Total Supply 1 Billion $QUAKE: The total number of $QUAKE tokens that will ever exist. This amount is fixed, and no additional tokens will be minted.

Token Type ERC-20 Token on the peaq Blockchain: $QUAKE is an ERC-20 token issued on the peaq blockchain.

Token Distribution

Category	Percentage	Total Tokens	TGE %	Vesting Schedule	Lock Period	Comments
Airdrop	5.0%	50,000,000	35%	120 months	0 months	Community engagement & adoption
Public Sale	8.0%	80,000,000	50%	0 months	24 months	Public investors
Incentivization Pool	35.0%	350,000,000	0%	120 months	0 months	Rewards & ecosystem growth
Treasury	12.0%	120,000,000	15%	48 months	0 months	Governance & ecosystem development
Team & Advisors	20.0%	200,000,000	0%	24 months	18 months	Core contributors & advisors
Early Backers	20.0%	200,000,000	50%	18 months	12 months	Seed investors & strategic partnerships
Total	100%	1,000,000,000	-	-	-	-

Additional Information

Quakecore Rewards 35.10%: These tokens are used to reward users of the Quakecore Network. This includes operators who have purchased and deployed a Quake IoT Device. Additionally, rewards are distributed to authorities, universities, and research institutions that contribute valuable seismic data to the ecosystem.

Initial Coin Offering (ICO) 2.30%: A small portion of tokens will be sold in an Initial Coin Offering (ICO) to raise capital for network expansion and development.

Quakecore Ecosystem 23.40%: Tokens allocated for ecosystem growth, platform development, and community-driven projects.

Liquidity 4.70%: Ensuring liquidity on decentralized and centralized exchanges to maintain price stability.

Token Staking 9.40%: Allocated for staking within the network, allowing users to stake tokens for rewards and network security.

Partnerships 6.90%: Reserved for strategic partnerships and collaborations to enhance network adoption.

Airdrop 4.70%: Tokens designated for community airdrops to incentivize engagement and participation.

Public Sale 11.70%: Available for public sale to expand community involvement and investor participation.

Governance $QUAKE holders can vote on governance proposals, influencing key decisions about the network.

Token Burning A portion of transaction fees will be burned regularly to reduce supply and enhance token value.

Roadmap and Milestones The roadmap includes network expansion, seismic data integration, and ecosystem feature rollouts. Progress is transparently communicated to the community.