avatar-error

$OMC TOKEN

The Ultimate Power Token of OpenMark – Unleashing Three Billion Gamers onto the Blockchain!

Token UTILITY

Liquidity

Trading: $OMC tokens serve as liquidity tokens, facilitating seamless trading activities, including buying and selling within the OpenMark platform. Staking and Farming: Users can stake their $OMC tokens in liquidity pools or engage in yield farming to earn rewards and incentives, enhancing the token's utility and providing passive income opportunities.

Token Burns and Deflationary Mechanisms

Token Burns: Periodic burning of a portion of $OMC tokens to reduce the total supply, thereby increasing the value of remaining tokens and benefiting holders. Deflationary Incentives: Implementing deflationary mechanisms that reward long- term holding and discourage excessive short-term trading, stabilizing the token's value over time.

Governance

Decentralized Autonomous Organization (DAO): $OMC token holders have the power to influence the future of the OpenMark ecosystem by participating in governance decisions. This includes proposing and voting on key issues such as platform upgrades, changes to the fee structure, and the introduction of new features or services. Community Proposals: Token holders can submit proposals for community consideration, ensuring a democratic and transparent decision-making process that reflects the collective interests of the OpenMark community.

Incentives and Rewards

Loyalty Programs: Users can earn $OMC tokens through various loyalty programs, such as referrals, active participation in community events, and contributing to the platform’s growth and development. Gamification: Engage users with gamified experiences where they can earn $OMC tokens by completing challenges, missions, or achieving specific milestones within the OpenMark ecosystem.

Payments and Transactions

In-platform Payments: $OMC tokens can be used for transactions within the OpenMark ecosystem, including purchasing goods and services, paying for transaction fees, and accessing premium features or content. Cross-platform Compatibility: Beyond OpenMark, $OMC tokens can be utilized in partnerships with other platforms and services, broadening their utility and adoption across different ecosystems.

Token Supply & Distribution

The $OMC token has a max supply of 3 billion. This amount is designed to keep the system fair, get people involved, make the network safe, support easy trading, and help it grow over time.

$OMC Token Basics:

Token Name: $OMC

Networks: Works on multiple blockchains

Total Supply: 3,000,000,000

Inflation: Decreasing (deflationary, meaning supply may shrink over time)

How the Tokens Are Split:

Community & Ecosystem (30%):

This chunk goes to building a strong community and network. It could be used for things like free token giveaways (airdrops), rewards for users, research, teaming up with other projects, or funding new ideas.

Liquidity Reserve (40%):

A big part is saved to make sure $OMC trades easily across different blockchains. It also covers long-term costs like running the system, development, and keeping the project healthy. The foundation manages this to support steady growth.

Core Contributors (10%):

This goes to the early team members who helped build OpenMark from the start.

Early Backers (20%):

These tokens are for the first investors who put money into the project early on. They’re split across two funding rounds, with a lockup period (meaning they can’t sell right away).

/_next/static/media/token-distribution.8b0072a5.webp

Vesting Schedule

 Unlocking Over Time

Community

(30% of total supply)

  • 30% unlocks right away at the Token Generation Event (TGE).
  • The remaining 70% unlocks monthly over 3 years (36 months).

Liquidity Reserve

(40% of total supply)

  • 10% unlocks at TGE.
  • The remaining 90% unlocks monthly over 3 years (36 months).

Core Contributors

(10% of total supply)

  • No tokens unlock for the first year (1-year cliff).
  • After 1 year, 30% unlocks.
  • The remaining 70% unlocks monthly over the next 2 years (24 months).

Early Backers

(20% of total supply)

  • 20% unlocks at TGE.
  • The remaining 80% unlocks monthly over 3 years (36 months).

Vesting chart