$ShowUp Token
The token is a key component of the ShowUp community. In the long term, to make ShowUp the largest event community in the world, we will actively encourage people to join. The token will serve as the basis for governance.
The token itself is supported by various reserves, including BTC, multiple blockchain tokens, revenue from ShowUp Pass sales, and income from various event operations, among other sources of value.
Tokenomics
70% of the total $SHOWUP token supply will be allocated to community participation in the project.
1. Community
Community and Ecosystem Incentives – 35% User rewards, developer incentives, community activities, aimed at driving platform engagement.
Marketing and Partnerships – 20% Marketing efforts, event partnership incentives, and brand building to expand project visibility.
Reserves and Future Development – 15% Project reserves and funds for future expansion, ensuring long-term development of the project.
2. Operations
Team and Advisors – 15% Token allocation for team members and advisors, with a 1-2 year lock-up period, phased unlocking, linear release.
Public Sale and Investors – 15% Private sale, public sale, and liquidity pools, ensuring initial project funding and market liquidity.
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