Tokenomics refers to the economic system and mechanics behind a cryptocurrency or blockchain token. It encompasses the various ways in which a token is distributed, used, and valued within a blockchain ecosystem. Tokenomics plays a crucial role in defining the token's utility, value proposition, and its overall function within the network.
There are a total of 50,000,000,000 GREEN tokens with a halving that occurs each year. Distribution will continue as follows:
- Year 1: 25,000,000,000 tokens (50% distributed)
- Year 2: 12,500,000,000 tokens (75% distributed)
- Year 3: 6,250,000,000 tokens (87% distributed)
- Year 4: 3,125,000,000 tokens (93% distributed)
- Year 5: 1,562,500,000 tokens (96% distributed)
- And so on until all tokens are distributed
Tokens are distributed every day throughout the year to those who operate Green nodes. The distribution of tokens will be determined based on the total number of action points earned from participating in the specified activities.
Disclaimer: GREEN is a digital reward distributed through the Green node network according to predetermined smart contracts. GREEN is designed to have utility on the Set Power Free platform for the purchase of Set Power Free products and services, although other cryptocurrencies may be used as well. GREEN is not available for purchase from Set Power Free. GREEN is not an investment product and may never have any value. Green node owners should not expect to recognize any value from GREEN other than its utility with Set Power Free. Although Set Power Free plans to undertake efforts to become a successful business, it is highly likely that GREEN’s value will not correlate with the success or failure of Set Power Free.
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