MPT Token
MPT Token
The MPT Token is a fungible cryptographic token that exists on the Binance Smart Chain(BSC).
MPT Token operates as a native utility token and in-game currency within the Meta Planet Ecosystem ranging from various gaming apps to be deployed within the Game Land to various commerce platforms within the Fashion and Beauty Land.
Purpose of MPT Token
MPT Token has been designed to provide enough cryptocurrency liquidity within the Meta Planet Ecosystem including various gaming apps to NFT Assets that are connected to each different gaming app, as well as various commerce platforms to be launched sequentially.
In order to serve the above purpose and to support the growth of Meta Planet Ecosystem, MPT Token shall be deployed as per release of each different gaming apps or platform.
Tranche Release of MPT Token
Total Issued MPT Token in BSC Chain is 300 million (300,000,000) MPT Tokens.
MPT Token is designed to increase the overall liquidity by releasing 50 Million MPT as per official launching of 6 (six) different Game Application and Platforms within the Meta Planet Ecosystem.
Thus, there will 6 (six) tranches of MPT Token Release as following.
Total Supply: 300,000,000 MPT
1st Platform-based Release : 50,000,000 MPT
2nd Platform-based Release : 50,000,000 MPT
3rd Platform-based Release : 50,000,000 MPT
4th Platform-based Release : 50,000,000 MPT
5th Platform-based Release : 50,000,000 MPT
6th Platform-based Release : 50,000,000 MPT
Allocation of MPT Token
Total Issued MPT Token in BSC Chain is 300 million (300,000,000) MPT Tokens.
Every 50 Million MPT Release will be distributed & allocated as per following allocation and lock-up/vesting schedule.
| Category | Percentage Rate | Quantity | Lock-up Schedule | Vesting Schedule |
|---|---|---|---|---|
| NFT Holder | 50% | 25,000,000 MPT |
3-Month Lock-Up |
10% Every Month (10-Months) |
| Game Community | 20% | 10,000,000 MPT |
3-Month Lock-Up |
10% Every Month (10-Months) |
| Team Members & Advisors | 10% | 5,000,000 MPT |
3-Month Lock-Up |
10% Every Month (10-Months) |
| Strategic Investors | 10% | 5,000,000 MPT |
3-Month Lock-Up |
10% Every Month (10-Months) |
| Bounty Airdrop | 10% | 5,000,000 MPT |
3-Month Lock-Up |
10% Every Month (10-Months) |
Allocation of MPT Token
Total Supply: 300,000,000 MPT
50 million MPT tokens (16.66%) will be released in each round.