$FOMO Tokenomics
The $FOMO token which will be migrated onto the Ethereum network - creating a unifying ERC-20 token that will be used to power the Fomo Lab product ecosystem - creating a singular token economy.
The $FOMO token utility will span from (including but not limited to):
Within the FomoVERSE — as a means of transacting and earning rewards throughout the MetaGALLERY and the Play and Earn Battlechain game (integration to be enabled after Alpha and Beta releases)
Usage within The Avenue NFT marketplace as a token to purchase, sell and list digital assets.
As well as being the core fee token associated with listing and trading assets on the market Ecosystem rewards (P2E rewards, Loot Boxes, Airdrops)
A token to be used within the FomoLAUNCH Pad for access to IDOs as well as a reward token to be used in the FomoSTAKE dApp
Utility for other GameFi developers with the creation of the Fomo Lab ERC-20 SDK for Unreal Engine & Unity.
$FOMO will also be the core governance token for making proposals on Snapshot, DAOHaus and eventually our own standalone DAO platform/Dashboard.
The FOMO/ETH tokenomics structure will present the following token distribution at differing rounds (inc. seed, private, public and launch price) alongside the FOMO/ETH sales metrics at each of the rounds and stages:
$FOMO Tokenomics:
Token Name (ticker): $FOMO
Initial Circulating Supply: 1,628,603
Token Type: ERC-20
Max Supply: 100,000,000 $FOMO
Initial Circulating Market Cap: $407,150
$FOMO contract address: 0xb0cfb062dE74F0410430a37305b878B7ad65903b
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