$ELITE
The token, based on Polygon blockchain, was minted with a maximum supply of 4.4 billion tokens and can be traded on centralized and decentralized exchanges.
$ELITE is the community's only currency and enables you to purchase Elisium's NFTs, influencer experiences, goods or services on the company's ecommerce and partner sites.
Allocation and distribution
See also the Roadmap.
Private Sale
The Elite DAO will raise funding in a single private sale round during the first quarter of 2022. The private sale allocation accounts for 7% of the total $ELITE supply.
Hard Cap
Distribution to selected investors and institutions rather than on the market. Wealthy private investors, banks and other financial institutions, mutual funds, insurance companies and pension funds are invited to participate in the sales programs.
Liquidity
Part of the supply is allocated as liquidity for the $ELITE token itself. An initial tranche will be disbursed immediately after the TGE, the rest will be used over the coming months.
Ecosystem
The aim of the $ELITE token is to incentivize users to participate and interact with Elisium and its Marketplace. A portion of $ELITE will then be automatically distributed over a long-term period to participants in the Elite ecosystem in exchange for their activities on the social network. The distribution of these tokens may change from time to time as determined by the governance of the platform and includes various activities to enhance the community.
Team
The team is motivated to continue building and improving the ecosystem over the long term through a gradual release of the $ELITE token. The team's allocation accounts for 6.36% of the total $ELITE supply.
Development
The development allocation, 5.91% of the total token supply, will serve as an incentive for community members and other third parties to contribute to the platform.
Partners/Advisors
A share of the tokens is allocated to key advisors and to creating new partnerships.
Marketing & Listing
To enhance the value of the Elite ecosystem, some of the tokens are used in marketing projects to advertise the $ELITE token and the community and to list the token on major exchanges.
Influencers
The even spread of the project is based on influencers' creations and media support, they receive 22% of the tokens at 10 months maintenance.
Third Parties Projects
Elites distributed to third-party projects that can increase the fluidity and use of Elite in new ecosystems.
Symbol
Token guidelines and materials:
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