$CBULL Tokenomics
With the start of CryptoBulls Token Generation Event approaching, we’re excited to share more details regarding $CBULL Tokenomics and the product development within our Exchange.
Introduction
CryptoBull has very big ambitions and our business model for net-profit isn't centered around our $CBULL token but more so focusing on the exchange itself. We are very aware that to find success in Crypto, your community needs to be happy and excited - thus allowing us the possibility for our $CBULL token can act as a catapult for the CryptoBull exchanges success. Rational behind our thinking: In 2023, cryptocurrency exchanges generated approximately $43.5 billion in revenue, with Binance leading at $16.8 billion. the estimated collective annual profit for all cryptocurrency exchanges would be between $10.5 billion and $15.2 billion. For Context: 1% of this annual profit is $152 million. We created a Deflationary Model for our $CBULL token, where we do Monthly Buy-Back and Burns. Allocating a % of the CryptoBull Exchanges Net-Profit to this mechanism - providing our community with a more valuable token for the longer term. This alignment not only empowers but also incentivizes our community to actively participate in growing and using the exchange in the direction we all desire, as we strive to deliver the ultimate all-in-one trading experience.
The $CBULL token is the cornerstone to our ecosystem, driving the growth of the fastest, smoothest, securest & most highly rewarding Crypto Exchange. Through staking mechanisms, users can stake $CBULL to unlock governance rights and additional incentives. Our tokenomics and utility are strategically designed to align the interests of all stakeholders with the exchanges overarching vision.
$CBULL Token - Supply & Distribution
Token Ticker: CBULL
Total Token Supply: 100,000,000
Initial Circulating Supply: 100,000,000
We believe that our token can act as a catapult for our exchanges success, thus adopting more of a fair-launch approach which will reward and allow our early adopters to find success and motivate them to help make CryptoBull get the attention we desire.
The largest portion of the $CBULL token supply (100%) is reserved for our community:
34% is distributed via our social airdrop campaign
50% users who compete on our CBULL ROCKET Airdrop Campaign.
10% to our CBULL GENESIS NFT Holders.
5% will be manually allocated to KOLs / Partnerships / Active Community Interactions on (X)
1% will be added to the Liquidity Pool > Combined with USD$ we add ourself to get us at a healthy initial market cap
Release Schedule
TGE Release Schedule
Upon TGE 100% of all tokens will be unlocked.
Token Utility - Explained here
Stay Prepared For Updates...
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