Bitcones Tokenomics

Total Allocation: 1 Billion Bitcone tokens (BITCONE)

Allocation Breakdown:
Community Rewards (30%): 300 million BITCONE allocated for customer loyalty rewards and airdrops to incentivize early adopters and community engagement.

Liquidity Pool (20%): 200 million BITCONE allocated to provide initial liquidity on Raydium.io and other decentralized exchanges.

Development Fund (20%): 200 million BITCONE allocated for ongoing development, maintenance, and improvement of the Bitcone ecosystem, including the wallet app and merchant portal.

Marketing and Partnerships (15%): 150 million BITCONE allocated for marketing campaigns, partnerships with ice cream shops, and other promotional activities.

Team and Advisors (10%): 100 million BITCONE allocated to the founding team and advisors with a vesting schedule to ensure long-term commitment.

Reserve Fund (5%): 50 million BITCONE held in reserve for unforeseen expenses and future strategic initiatives.

Distribution and Vesting:
1. Community Rewards:
- Gradual distribution over 5 years to maintain long-term engagement and reward loyalty.
- Initial airdrops to early adopters and during promotional campaigns.

2. Liquidity Pool:
- Initial liquidity provision on Raydium.io to facilitate smooth trading.
- Ongoing liquidity management to maintain market stability.
- Bitcones LLC will replenish its Bitcone wallet, used to reward customers, by drawing from the liquidity pool, ensuring a continuous flow of liquidity into the pool.

3. Development Fund:
- Allocated gradually over 5 years, ensuring continuous improvement and innovation in the Bitcone ecosystem.

4. Marketing and Partnerships:
- Immediate allocation for initial campaigns and partnership development.
- Ongoing funding for sustained marketing efforts and expanding the network of participating ice cream shops.

5. Team and Advisors:
- Vesting schedule over 4 years with a 1-year cliff, ensuring long-term commitment and alignment with project success.

6. Reserve Fund:
- Held in reserve and used judiciously to address unforeseen challenges and capitalize on strategic opportunities.

Utility and Incentives:
1. Customer Rewards:
- Earn BITCONE tokens with every ice cream purchase.
- Redeem tokens for ice cream, merchandise, or trade on exchanges.

2. Merchant Portal:
- Incentivize ice cream shops to accept BITCONE by providing a share of the community rewards.
- Access to a dedicated merchant portal for managing tokens and customer engagement.

3. Staking and Governance:
- Introduce staking mechanisms where holders can stake BITCONE for rewards.
- Develop a governance model allowing token holders to vote on key decisions and improvements.

Token Burn and Deflationary Mechanism:
1. Buyback and Burn:
- Allocate a portion of the profits to buy back BITCONE from the market and burn them, reducing total supply and increasing scarcity.

2. Transaction Fees:
- Implement minimal transaction fees on the Bitcone wallet app, with a portion burned to maintain deflationary pressure.

By implementing these tokenomics, Bitcone can create a sustainable and engaging ecosystem that benefits both customers and ice cream shop owners, while fostering long-term growth and stability.