๐Tokenomics: Supply, Distribution, and Utility
GVDT Tokenomics encapsulates the economic framework governing the supply, distribution, and utility of the GVDT token within the Gavedu PM WANI ecosystem. As a transformative blockchain initiative aimed at revolutionizing internet services, understanding the dynamics of GVDT Tokenomics is pivotal for stakeholders seeking to navigate and maximize value within this innovative digital ecosystem. In this discourse, we embark on an exploration of GVDT Tokenomics, unraveling its fundamental components and elucidating their significance in shaping the trajectory of the Gavedu PM WANI project.
Understanding how GVDT tokens move through the GaveduChain
An on-chain marketplace between the GaveduChains' contributors and customers is created through a Burn and Mint structure. This means that whenever minutes of internet is consumed on a PM WANI hotspot, internet credits are consumed and GVDT tokens are burned. As there is a fixed maximum supply of GVDT, the value of the token increases because after the burning, there are fewer tokens in existence.
Supply:
At the nucleus of GVDT Tokenomics lies the concept of token supply, denoting the total quantity of GVDT tokens in circulation within the ecosystem. The supply dynamics of GVDT play a pivotal role in determining its usability, Constrained supply, value proposition, and overall market dynamics. Gavedu PM WANI adopts a fixed supply model for GVDT tokens, establishing a predetermined and finite quantity that will ever be in circulation. This approach ensures usability, Constrained supply, value proposition, fostering demand and value appreciation over time.
New GVDT tokens are minted on every Gavedu PM WANI hotspot device purchase and deployment. tokens Equivalent to device prices are minted based on the token value.
Tokens are also minted when user interact with advertisement during the login at any hotspot, these token gets added to the users balance and further be used only for the minutes of internet access at any Gavedu PM WANI hotspot.
Emission and distributed to various stakeholders in proportion to their contribution to the network during this deployment. The total supply of GVDT tokens is set at 10 Billion, a carefully calculated figure designed to accommodate the needs of the Gavedu PM WANI ecosystem while maintaining supply and value. This model instills confidence among investors and stakeholders, providing clarity and certainty regarding the token's long-term supply dynamics.
Demand
Consumers who want to access internet through Gavedu PM WANI hotspots on the Gavedu network earns internet Credits in GVDT from GaveduChain for their interaction with the advertisement. This tokens is converted to minutes of internet access at any Gavedu PM WANI hotspot which gets burned to generate internet credits.
Distribution:
GVDT Token Allocation
The allocation of GVDT tokens within the Gavedu PM WANI ecosystem is a strategic endeavor aimed at ensuring fair distribution, incentivizing participation, and fostering ecosystem growth. With careful consideration for the diverse stakeholders involved, the token allocation plan is designed to support the project's objectives while maximizing value for all participants. Here's an overview of the token allocation breakdown:
Pre-mined Tokens (4B)
Investors: 21.14%
BhumiTat Technologies (Infrastructure and GaveduOS): 20.00%
Team GaveduChain (Core blockchain team): 45.00%
Operations Fund: 13.86%
Pre-mined Tokens for Initial Coin Offering (2B)
Initial Coin Offering (ICO): 55%
Advisors 5%
Discounts on Gavedu-related products/services: 10%
Loyalty program rewards: 10%
Staking rewards: 10%
Community engagement incentives: 5%
Market making and liquidity provision: 5%
Community Token Distribution (4B)
PDOA Operators: 15% Channel partners for deploying and managing hotspots.
Gavedu Hotspot Owner(PDO): 45% for providing upfront capital. Allocated to owners of Gavedu PM WANI devices deployed within the ecosystem. These tokens serve as an incentive for device deployment and contribute to the growth and expansion of the network.
Wifi Users: 40% reserved for advertisement interaction rewards. Allocated to reward users for engaging with ad content during WiFi hotspot login sessions. These tokens encourage user participation and contribute to the overall user experience within the ecosystem and gets burned as minutes of internet is used
Supply Schedule
GVDT tokens are minted based on the following schedule:
Minted on every Gavedu PM WANI hotspot device purchase and deployment, equivalent to device prices, distributed to stakeholders based on contribution
Minted when users interact with advertisements during hotspot login, added to users' balances for internet access
Utility:
Token Burn Mechanism:
GVDT tokens are permanently removed from circulation ("burned") when converted to internet minutes. The burn rate dynamically adjusts based on demand, number of hotspot devices deployed and usage metrics.
Gavedu internet credits
Gavedu Internet Credits allow users to access the internet on any Gavedu PM WANI hotspots. The price of Gavedu internet Credits is fixed in INR (1 internet minute = 0.00233796296 INR). Like pre-paid cellphone minutes or airline miles, internet Credits are non-transferrable, and can only be used by their original owners.
To acquire internet credits, wifi hotspot users convert GVDT into internet minutes. Any GVDT converted to internet credits is permanently removed (โburnedโ) from the circulating supply.
Ad-Sponsored internet minutes credits is the mechanism by which consumers compensate the network of contributors for their work. As more hotspots are deployed on the network by contributors the number of GVDT tokens burned will increase, as demand increases from consumers the velocity at which tokens burn will also increase, and the value of the GVDT token will become tightly linked to the utility that the Gavedu PM WANI public hotspots provide.
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