Tokenomics
FanzUp has developed an ethical token launch model that eliminates future downside risk to the token price, no matter when the token is purchased or sold.
Last updated
FanzUp has developed an ethical token launch model that eliminates future downside risk to the token price, no matter when the token is purchased or sold.
Last updated
Several smart contract mechanisms functioning during both the presale and live trading phases create opportunity for massive upside price potential without any downside price action.
A proprietary algorithm, governed by smart contracts and unique tokenomics, prevents the token price from going down, despite the volume of tokens sold.
Unlike other projects that rely on minting tokens out of thin air to generate revenue for the project (by dumping on retail investors), FanzUp doesn’t mint, distribute or allocate any team or partner tokens.
Every FanzUp token must be purchased from a DEX, even presale tokens, and no minting function is available to artificially inflate the supply.
To uniformly scale the token price, every buy transaction has a maximum USDC limit (Purchase Cap), which increases over time. The Purchase Cap is governed by the token smart contract and the value is enforced at the time of purchase.
When any FanzUp token is purchased, a 30% membership fee is applied to the transaction.
25% of the membership fee is used to prevent the token price from ever going down.
3% of the membership fee is allocated to maintaining and growing the FanzUp platform.
1% of the membership fee from all LaunchPad tokens is used to buy-back the $FANZUP token.
1% of the membership fee is contributed to the MVP Prize pool.
Due to the 30% membership fee, a slippage of 50% is required when purchasing on the DEX.
When any FanzUp token is sold, it is burned (sent to a burn wallet) and taken out of circulation. This creates an opportunity for greater price appreciation when new tokens are purchased.
Every FanzUp token is newly minted at the time of purchase on a decentralized exchange (DEX) by smart contracts stored on a blockchain. No permission or registration is required to purchase tokens. Simply connect a Web3 wallet to the DEX and purchase tokens.
FanzUp tokens can be launched on any EVM blockchain of choice and utilize the same price preservation and DAAS technology as the original FanzUp token created on BASE.
