The utility token of the IvoryPay ecosystem
IVRY Token use cases
Stake and Earn
Individuals and Businesses can earn APY by staking their $IVRY tokens.
Defi Loans
Buisnesses who own a certain amount of Ivry token will be eligible to request for loans.
Discounted Purchases
Make purchases on any Ivorypay partner platform and NFT storefront to enjoy zero transaction fees and discount on purchased items/services.
NFT minting
Creators who own a certain amount of Ivry token can mint NFTs for free on Ivorypay’s NFT storefront.
Tokenomics
Reward pool
-
38%
Private
-
15%
Team
-
12%
Public
-
10%
Reserves
-
10%
Pre-seed
-
5%
Advisors
-
5%
Liquidity & Listing
-
5%
Token Release Schedule
38% of the token will be used for the reward pool. 2% will be unlocked at TGE, 18% at distribution 2, 20% at distribution 3,4,5,6 (quarterly distribution after TGE)`
15% will be sold in private sale. 10% unlocked at listing, 20% at distribution 2, 3, 25% at distribution 4, 5 (quarterly distribution after TGE)
12% is allocated to the team. 10% unlocked 12 months after TGE, 15% at distribution 2,3,4,5,6,7 (quarterly distribution after TGE)
10% will be sold in public sale. 15% unlocked at listing, 10% at distribution 2,3,4,5,6,7,8,9, 5% at distribution 10 (monthly distribution)
10% will be kept in reserve. 10% unlocked 12 months after TGE, 15% at distribution 2,3,4,5,6,7 (quarterly distribution after TGE)
5% will be sold in pre-seed. 5% unlocked at listing, 15% at distribution 2,3,4,5,6, 20% at distribution 7 (quarterly distribution after TGE)
5% is allocated to advisors. 10% unlocked 12 months after TGE, 15% at distribution 2,3,4,5,6,7 (quarterly distribution after TGE)
5% will be used to provide initial liquidity on exchanges + liquidity incentives and unlocked 6 months after TGE
The total $IVRY supply amounts to 800 million tokens and will be slowly released over the course of 18 months.