SNPIT Tokenomics Overview
Full SNPIT tokenomics breakdown: SNPT token allocation, vesting schedule, supply distribution, unlock dates, and investor terms.
Produced by Tokenomics.com in collaboration with BlackTokenomics.
TGE DateJune 19, 2024
Max Total Supply1,000,000,000
Total Supply1,000,000,000
Transparency
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SNPT Tokenomics FAQ
Key questions and answers about SNPIT tokenomics.
What is the token allocation for SNPT?
SNPIT token distribution allocates 1,000,000,000 SNPT across 4 primary stakeholder groups:
- Foundation: 55.80% (Reward Treasury (Year 2 - Year 4) 33.00%, Reward Treasury (Year 1) 15.00%, Liquidity 4.00%)
- Insiders: 24.20% (Founders & Employees & Advisors 24.20%)
- Private Investors: 10.00% (Seed 10.00%)
- Community: 10.00% (Marketing 5.00%, Rewards 5.00%)
What is the vesting schedule for SNPT?
SNPT uses variable cliffs and vesting schedules that change depending on the allocation:
- Reward Treasury (Year 2 - Year 4): 12 Month Cliff, 24 Month Linear Vesting
- Founders & Employees & Advisors: 6 Month Cliff, 36 Month Linear Vesting
- Reward Treasury (Year 1): 33.3% at TGE , 2 Month Cliff, 10 Month Linear Vesting
- Seed: 6 Month Cliff, 36 Month Linear Vesting
- Marketing: N/A
- Rewards: 100.0% at TGE
- Liquidity: N/A
- Initial Liquidity: 100.0% at TGE
How many SNPT tokens unlock at TGE?
13.8% of the total supply (138,000,000 SNPT) is unlocked at TGE, with the tokens split between Foundation and Community.
What is the total supply and circulating supply of SNPT?
SNPIT has a total supply of 1,000,000,000 SNPT, of which 194,330,000 SNPT (19.4% of total) is currently circulating.
What is the token emission schedule for SNPT?
Total length of the full SNPIT emission schedule is 4 years, with 29.50% released in Year 1, while the remaining 61.50% is released over the following 3 years.
What percentage of SNPT is allocated to the community?
10% of the SNPIT supply is allocated to community focused pools such as Marketing and Rewards.
What is SNPIT (SNPT)?
SNPIT introduces a groundbreaking Snap-to-Earn Game-Fi experience powered by $SNPT tokens. This decentralized protocol transforms everyday image capturing into a rewarding activity, where users can upload geo-tagged images containing location and time information to earn tokens effortlessly. At its core, SNPIT democratizes data sharing by enabling unrestricted uploading and consumption of global image data, fostering an inclusive ecosystem for both contributors and developers. The $SNPT token serves as the backbone of the SNPIT ecosystem, offering utility beyond earning rewards. Users can upload camera-backed NFTs and battle within the Game-Fi space, earning tokens as they participate in challenges and contribute valuable geo-tagged data. Developers gain access to a treasure trove of high-quality image content that they can integrate into innovative applications, driving advancements in fields like mapping, AI training, and urban planning. From incentivizing everyday photographers to supporting businesses with robust data, SNPIT positions itself uniquely in the Game-Fi and data-sharing sectors. By bridging the gap between casual image capturing and meaningful real-world utility, the platform empowers users to transform photography into a sustainable income stream. Its seamless integration of Game-Fi mechanics ensures users can engage in battles and earn even as they contribute to the ecosystem. Positioned as a leader in decentralization, SNPIT ensures data privacy and transparency while unlocking opportunities for developers to create, innovate, and monetize applications using crowdsourced image data. With the $SNPT token driving engagement and rewarding contributions, SNPIT creates a thriving, user-centric marketplace where technology meets creativity and data meets rewards. Dive into the future of Snap-to-Earn today with SNPIT and unlock the potential within every snapshot.
