MAGIKAL.ai Tokenomics Overview
Full MAGIKAL.ai tokenomics breakdown: MGKL token allocation, vesting schedule, supply distribution, unlock dates, and investor terms.
Produced by Tokenomics.com in collaboration with BlackTokenomics.
TGE DateMarch 27, 2023
Max Total Supply2,500,000,000,000
Total Supply1,600,000,000,000
Transparency
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MGKL Tokenomics FAQ
Key questions and answers about MAGIKAL.ai tokenomics.
What is the token allocation for MGKL?
MAGIKAL.ai token distribution allocates 2,500,000,000,000 MGKL across 5 primary stakeholder groups:
- Public Investors: 40.00% (AIPAD IDO 40.00%)
- Foundation: 20.00% (Liquidity 20.00%)
- Private Investors: 20.00% (Private Sale 20.00%)
- Insiders: 10.00% (Team 10.00%)
- Community: 10.00% (Staking/Rewards 10.00%)
What is the vesting schedule for MGKL?
MGKL uses variable cliffs and vesting schedules that change depending on the allocation:
- AIPAD IDO: 16.0% at TGE , 1 Month Cliff, 3 Month Linear Vesting
- Liquidity: No information
- Private Sale : 4 Month Linear Vesting
- Team: 3 Month Cliff, 12 Month Linear Vesting
- Staking/Rewards: No information
How many MGKL tokens unlock at TGE?
6.4% of the total supply (160,000,000,000 MGKL) is unlocked at TGE, with the entire unlock going to Public Sale.
What is the total supply and circulating supply of MGKL?
MAGIKAL.ai has a total supply of 2,500,000,000,000 MGKL, of which 1,600,000,000,000 MGKL (64% of total) is currently circulating.
What is the token emission schedule for MGKL?
Total length of the full MAGIKAL.ai emission schedule is 2 years, with 66.92% released in Year 1, while the remaining 3.08% is released over the following 1 year.
What percentage of MGKL is allocated to the community?
10% of the MAGIKAL.ai supply is allocated to community focused pools such as Staking/Rewards.
What is MAGIKAL.ai (MGKL)?
MAGIKAL.ai MGKL tokenomics fuels the ultimate AI-driven digital art revolution through intelligent NFT generation. The platform leverages artificial intelligence programming to create unique, customized digital artworks tailored to individual specifications. MGKL token economics enable accessible creativity for users regardless of technical skills, supporting a user-friendly interface that democratizes breathtaking digital art creation. The protocol incentivizes participation in AI-powered NFT generation while building an ecosystem where artists, collectors, and creators collaborate. Token utility encompasses governance rights, platform fee discounts, and exclusive access to premium AI art generation features within the decentralized creative economy.
