"Buy me Food" Token

Tokenomics

Total Supply: 88888 $FOOD

Supply Distribution:

  • 10% NFT Minters: Each Hobos Forever NFT minted receives 1 $FOOD token. Distributed after presale ends. Remaining undistributed $FOOD tokens (NFT free mints) will go to Treasury.

  • 10% LP: Added in time using the Presale funds reserved for this. Locked for 30 Days

  • 61.5% Token Presale: (Presale allocation + Launch LP)

  • 18.5% Treasury Reserve: Vested in equal amounts for 54 weeks. TBA what we will do with these ones

  • Team Tokens: None

Presale Funds allocation (if 200 AVAX Soft cap is met):

  • 57% Launch LP

  • 10% LP funds to be added 30 days after launch

  • 5% Pinksale Commission

  • Contract and Presale creation Tax - 12 AVAX

  • All of the above numbers are approximate ones to give you an idea of the funds distribution. Can be different in the end due to Pinksale calculation

Presale Funds allocation (if 888 AVAX Hard cap is met):

  • 57% Launch LP

  • 26.6 % NFT Fund

  • 10% LP funds to be added 30 days after launch

  • 5% Pinksale Commission

  • Contract and Presale creation Tax - 12 AVAX

  • All of the above numbers are approximate ones to give you an idea of the funds distribution. Can be different in the end due to Pinksale calculation

Tax:

  • Buy: 2% (1% to LP, 1% NFT fund)

  • Sell: 2% (1% to LP, 1% NFT fund)

NFT Mint Allocation:

  • Each minted Hobos Forever NFT grants 1 $FOOD token. Tokens are airdropped before the token launch, after the presale ends.

  • Each 1 AVAX spent in the $FOOD token presale will get you 1 Hobos Forever NFT as well. 888 NFTs are reserved for this. Read NFT Fund to see why this is a good bonus.

❗Free mints will NOT get $FOOD tokens❗

❗Only increments of 1 full AVAX will also get NFTs. 0.99 or less AVAX will not come with an NFT❗

Token contract and presale

We will use 20Lab for token contract creation and Pinksale presale. We will set a 888 AVAX hardcap to give a fix value per $FOOD token.

Presale token value will have a 30% lower price than the launch price.

Any $FOOD presale tokens that will remain, if hardcap will not be reached, will go to Treasury Reserve saved for the (TBA) plan.

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