Token Name: Stream
CA: GGqM5Z8scaj3SPDg1tp7J1ZtY6YB5hKkGcL761sy9dtG
Token Utility: Used as currency for subscription payment on Solstream music streaming website. Also used to reward artists and creators on the platform.
Initial Token Supply: Divided into four categories:
- Liquidity (60%): Tokens allocated to provide liquidity for the Stream token on decentralized exchanges (DEXs) to ensure sufficient trading volume and price stability.
- Development (15%): Tokens allocated for platform upgrades, improvements, and marketing to enhance the Solstream platform and increase user adoption.
- Presale (20%): A small portion of tokens allocated for early participants to purchase before the public sale, encouraging early adoption without causing significant sell pressure.
- Team (5%): Tokens allocated to the development team and advisors as a reward for their efforts and to align their interests with the long-term success of Solstream.
Token Distribution and Release Schedule: The Presale tokens will be released immediately after the presale event. Development tokens will be released gradually over time, subject to achieving specific milestones and goals. Liquidity tokens will be locked into a liquidity pool to provide continuous liquidity for the Stream token. Team tokens will have a vesting schedule to ensure that the team’s tokens are released gradually over time, aligning their interests with the long-term success of Solstream.