Whitepaper

Tokenomics

RichSea’s token, RICH, is designed to fuel its SocialFi ecosystem, powering transactions, rewarding community engagement, and incentivizing investment.

Token Details

The limited supply ensures scarcity and value, with RICH acting as the core currency within RichSea’s ecosystem.

Token Distribution

Seed Round: 10%

Tokens allocated for early-stage investors who provide capital at the initial stages of development.

Early Investors Round: 10%

Tokens reserved for a second round of private investors before public availability.

Liquidity Pool: 30%

Allocated to provide liquidity for the RICH token across exchanges, supporting trading stability.

Team and Advisors: 3%

Reserved for team members and advisors, often with vesting schedules for long-term alignment.

Staking Pool: 22%

A portion set aside to reward users who stake RICH tokens, encouraging long-term engagement.

Project Development: 15%

Funds reserved for the continued development of the RichSea platform, including research and new features.

Listing: 5%

Allocated for exchange listings, enhancing accessibility for global users.

Burning Mechanism

RichSea employs a token burn schedule to control the RICH supply, which may help increase the token’s value over time. This controlled burn supports long-term stability and platform growth.