Tokenomics

Token distribution initial circulation will be distributed via the "Seed Investor" (NFT holder) airdrop, Conch Coin Treasury Liquidity Provision, and public sale (IDO).

A Token Backed by Platform Revenue

The risk with many existing tokens is that their value is not backed by any real asset or revenue stream. The result is that when a downturn in the market occurs, liquidity dries up –– frequently causing a startling collapse for weaker, unbacked tokens.

Since we hold a long-term vision for this industry in general (and for our platform in particular), it’s vital for us to launch an instrument that gives confidence to supporters.

Therefore, we have programmed into the smart contract that 33% of all transaction fees go to the Conch Coin liquidity pool for price stability, 33% goes to the holder, and 33% to non-profit organizations and charities and hurricane relief fund.

As CCPay grows and is adopted, the more transactions occur and that means that the Conch Republic is rewarded.

As Meta Key West is online and Conch Coin is traded the Conch Republic community is rewarded

Token Distribution

Team 15%

Development/Marketing 35%

Charity Wallet 10%

Staking Rewards/Farming/Play-2-Earn 10%**

Exchanges 30%**

**Will vary to maximize long term sustainability and the success of Conch Coin