Tokenomics
NobleBlocks is a blockchain-based social networking platform currently focused on scientific publishing. It employs a tokenomics model that is tailored to encourage long-term holding and active participation within its community.
The goal of NobleBlocks is to establish a sustainable, transparent ecosystem for scientific publishing, funding and collaboration - underpinned by a dedicated and involved community.
Total Token Supply: 1 billion NOBL
Below is a table comparing the sale prices for the Private Sale, Pre-sale, and Public Sale phases of the NOBL token:
| Sale Phase | Sale Price | Dates |
|---|---|---|
Private Sale | $0.002 | done |
Pre-sale | $0.0038 | done |
Price target for UniSwap Launch | $0.006 | March 30th, 2024 at 3PM UTC |
Private Sale Investors: 35 million NOBL. Sold at $0.002 per NOBL, with a 6-month vesting period and a 1-month cliff. Immediate Release at Launch: 5 - 20%.
Strategic Investors: 35 million NOBL. Sold at $0.002 per NOBL, with a 6-month vesting period and a 1-month cliff. Immediate Release at Launch: 5 - 20%.
Pre-sale: 200 million NOBL. Priced at $0.0038 per NOBL, with a 6-month vesting period and a 1-month cliff. Immediate Release at Launch: 10%.
Marketing/Giveaways/Legal/Partnership: 20 million NOBL. Allocated for marketing, promotional activities, legal, and partnerships. Tokens designated for giveaways will be vested for 12 months with a 3-month cliff. Immediate Release at Launch: 5%.
Core Team: 10 million NOBL. With a 12-month vesting period and a 3-month cliff.
Advisors: 20 million NOBL. With a 24-month vesting period and a 3-month cliff.
Liquidity: 50 million NOBL. Fully available at Launch.
The total NOBL tokens in circulation at launch will approximately be 86 million
Token Supply
Annual Release Rate: 100 million NOBL per year after launch.
500 million will be in circulations for the first year.
Release Period: Over the subsequent years until the entire supply is distributed
Vesting and Release Plan:
Project Development and Core Team (15%, 150 million NOBL): Released over subsequent years.
Reviewers, Editors, Authors, etc (5%, 50 million NOBL)
Advisors (3%, 30 million NOBL): Gradual release over the subsequent years, completing the 30 million NOBL allocation.
Partnerships and Collaborations (4%, 40 million NOBL): Gradual release over the subsequent years.
Marketing/Giveaways/Legal/Community Incentives (15%, 150 million NOBL): Gradual release over the subsequent years.
Grants Program (10%, 100 million NOBL)
Public Sale (31.5%, 315 million NOBL): Additional offerings, vested and released over the subsequent years.
Reserve Fund (16.5%, 165 million NOBL): For stability and emergencies, released over the next several years.
| Category | Percentage | Allocation |
|---|---|---|
Project Development and Core Team | 15% | 150 million NOBL |
Reviewers, Editors, Authors, etc | 5% | 50 million NOBL |
Advisors | 3% | 30 million NOBL |
Partnerships and Collaborations | 4% | 40 million NOBL |
Marketing/Giveaways/Legal/Community | 15% | 150 million NOBL |
Grants Program | 10% | 100 million NOBL |
Public Sale | 31.5% | 315 million NOBL |
Reserve Fund | 16.5% | 165 million NOBL |
Token Lockup:
To prevent price volatility and to encourage long-term holding, a portion of the tokens allocated to the development team, advisors, and partners will be subject to lockup periods. During this period, the tokens will be locked up and cannot be sold or transferred, providing a guarantee of stability and long-term commitment to the project.
Token Buyback from Revenue
A portion of our platform's revenue, including earnings from advertisements and other streams, will be used to buy back tokens. This approach is intended to support our token ecosystem.
Marketing and Outreach:
A designated portion of tokens, allocated specifically for marketing and outreach, will support the promotional efforts of the NobleBlocks platform. The exact amount and utilization of these funds will be flexible and determined based on the platform's evolving needs and growth objectives.
The goal of these marketing and outreach initiatives is to broadly enhance the awareness and adoption of NobleBlocks. This includes a variety of strategies tailored to engage both potential and existing users, increase the platform's visibility, and foster a strong, interactive community.
Through these efforts, NobleBlocks aims to solidify its presence in the academic publishing field, create meaningful connections with its audience, and support the overall value and utility of the NOBL token.
Token Vesting for Community Incentives and Rewards:
The NobleBlocks platform adopts a direct and immediate reward system for community incentives and rewards. Out of this allocation, the tokens specifically designated for giveaways will be vested and released in alignment with the overall token release strategy of the project. Please note that we have the right to update the tokenomics at anytime in the best interest of the project.
A cliff is the initial period during which no tokens are released, followed by vesting, which is the gradual release of tokens over a set timeframe.
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