Tokenomics

The Buio ecosystem is powered by the BUIO token, a deflationary ERC-20 asset with a fixed supply of 1 billion tokens. The BUIO token serves multiple purposes within the Buio platform, acting as both a utility token and a governance tool. The tokenomics are designed to promote sustainability, user engagement, and growth within the platform.

Token Distribution:

• 40% – Public and Private Sales: Allocated for fundraising to support development and marketing efforts.
• 20% – Staking Rewards: To incentivize users to stake their tokens, supporting network security and decentralization.
• 15% – Development Team: Reserved for the founding team and key contributors, with a 2-year vesting period.
• 10% – Strategic Partnerships: Reserved for collaborating with blockchain projects, businesses, and platforms that align with Buio’s mission.
• 10% – Community Incentives: Airdrops, rewards for early adopters, and growth initiatives within the Buio ecosystem.
• 5% – Legal and Compliance Reserves: Reserved for any unforeseen legal requirements and compliance measures.

Use Cases:

• Transaction Fees: BUIO tokens will be used to pay for transaction fees on the platform, ensuring a seamless user experience.
• Staking: Users can stake BUIO tokens to earn staking rewards and participate in governance decisions.
• Governance: Holders of BUIO tokens will have the ability to vote on important proposals regarding the future of the project.
• Incentives: BUIO tokens will be used to incentivize developers, users, and partners within the Buio ecosystem.