VGT (Governance And Utility Token)

Vingt.io Ecosystem Economy

Smart contract details

VGT is a BEP-20 token with the following smart contract address:

0xdd773e30B1384D2204A325efca10375351E0429b

The Technical details of VGT are:

• Symbol: VGT

• Name: Vingt

• Decimals: 18

• Total/Max Supply: 10,000,000,000

Utility and Token Use Cases

VGT is the building block for decentralized management of Vingt.io Ecosystem. It possesses a hybrid nature and delivers utility through ecosystem protocols. Following are some use cases of VGT

• Ecosystem Transactions and Vingt AI Smart Agent Utility: VGT serves as the primary currency for transactions within the Vingt.io ecosystem, including payment for accessing advanced AI services provided by Vingt AI Smart Agents like InsightEdge and AssetAnalyzer. Users pay service fees in VGT to utilize these agents, which offer sophisticated analytics and decision-making capabilities within the ecosystem.

• Protocol Governance: VGT holders participate in governance decisions by voting on proposals for protocol upgrades and ecosystem improvements. This process ensures community involvement and supports the platform's evolution.

• Generating Rewards Through Staking: Holders stake VGT tokens to earn rewards, including a share of transaction fees and participation in yield farming. Staking promotes token liquidity and incentivizes long-term holding.

• Access to Premium Features: VGT holders gain exclusive access to premium features, specialized services, and VIP events within the Vingt.io ecosystem. This enhances user engagement and loyalty.

• Community Engagement Incentives: Participants engage in community-driven initiatives such as referral programs and content contributions to earn VGT rewards. This encourages active involvement, collaboration, and growth within the Vingt.io ecosystem, fostering a strong and supportive user community.

Tokenomics

VGT Donut Chart

Fund Raising

Pre-Seed (Friends and Family)

• Fundraising: $130,000 USD

• Status: 100% Complete

• Token Pricing: 0.002 USD @ 20M valuation

• Tokens distributed: 65,000,000 (0.65%)

• No Minimum Investment, No Vesting

Seed Round

• Fundraising: $600,000 USD

• Status: In Process

• Token Price: 0.0008 USD @ 8M Valuation

• Token To Be Distributed: 750,000,000 VGT (7.5%)

• Ticket Size: Minimum $50,000 USD with 3 year Linear Vesting

Future Rounds

• Token Distribution Auction (TDA) - Q4 2024

• Strategic Sales (post launch)

VGT Token Vesting Schedule

Allocation	Percentage	Tokens	Initial Unlock*	Cliff	Vesting**
Pre-Sale	0.65 %	65M	100 %	N/A	N/A
Seed Round	7.5 %	750M	5 %	3 Months	36 Months
Ecosystem Development	37 %	3,700M	2 %	3 Months	60 Months
Marketing	5 %	500M	2 %	3 Months	36 Months
Token Distribution Auction (TDA)	0.85 %	85M	100 %	N/A	N/A
Founders, Team and Advisors	22 %	2,200M	2 %	3 Months	48 Months
Partnerships	7 %	700M	2 %	3 Months	36 Months
Community Incentives	5 %	500M	2 %	3 Months	60 Months
Strategic Reserves	8 %	800M	2 %	3 Months	36 Months
Treasury	7 %	700M	2 %	3 Months	48 Months

* The initial supply at the time of launch would be 3.695% (369.5M) ** VGT vesting schedule would begin after the launch in Q4 2024 with a 3 Month Cliff

Terminologies

Seed Rounds: Reserved tokens allocated for early-stage fundraising and initial investors to support project development

Ecosystem Development: Tokens dedicated to fostering the growth and expansion of the project's ecosystem through initiatives such as grants, developer support, and ecosystem-building activities

Marketing: Tokens designated for marketing and promotional activities aimed at raising awareness, attracting users, and expanding the project's reach and adoption

Token Distribution Auction (TDA): A method used to allocate tokens in a decentralized manner through an auction process.

Initial Token Sale: Tokens allocated for the initial sale to the public or investors, typically at a set price, to raise funds and distribute tokens

Founders, Team Members, Advisors: Tokens allocated to the project's core team members, founders, and advisors for their contributions and involvement in project development and leadership

Partnerships: Tokens set aside for establishing strategic alliances and collaborations with other projects or organizations

Community Incentives: Tokens used to incentivize and reward community engagement, participation, and contributions to the project's ecosystem

Strategic Reserves: Reserved tokens allocated for strategic initiatives, including market support, acquisitions, contingency planning, and strategic sales post-launch, to ensure the project's long-term sustainability and growth

Treasury: Reserved tokens or funds managed by the project for operational expenses, development, liquidity support, and strategic investments to support the project's ongoing operations and growth

Graphical Token Distribution

A stacked area chart of the token vesting schedule is shown below. At the time of launch on DEXs for trading, the initial circulating supply would be 3.695% (369.6M) . This would be followed by a 3 month Cliff and 5 years Vesting for the complete release of 10 Billion VGT (100% supply).

VGT Release Schedule Showing A 3 Month Cliff And 5 Years Of Vesting For The Complete Release of 10B Tokens

Burning of VGT Tokens

The long term goal of vingt.io is to reduce the total supply and make a deflationary token economy. This would be done by creating revenue stream from different projects of vingt.io ecosystem, buying back tokens from the market and burning them.

A Periodic and permanent removal of VGT token from the Vingt.io ecosystem would be announced in detail at a later stage.

Price Speculation Disclaimer

VGT is designed and built as a multifaceted utility token that helps carry out various functions within the Vingt.io ecosystem, and is not meant to be an investment instrument to secure future profit, via either direct payment or appreciation, or speculatively traded on secondary markets. VGT Token purchasers are not invited to take part in a financial venture, but in a social and technological one. While we can’t control purchaser’s internal real expectations and intentions and value fluctuations (potentially subject to forces of supply and demand), we do not support, and rather we discourage, speculation of the VGT Token at any level. For more details see the Disclaimers section in this whitepaper.