Tokenomics – The Solana Art Gallery
The Solana Art Gallery operates as a Web3 platform on the Solana blockchain, utilizing DrawSol (DRAWSOL) tokens to incentivize creativity, community engagement, and artistic excellence.
Token Overview
Name: DrawSol
Symbol: DRAWSOL
Blockchain: Solana
Purpose:
Facilitate voting on artworks to determine weekly winners.
Reward active artists and community participants.
Support platform liquidity and long-term growth.
Token Supply
Total Supply: 1,000,000,000 DRAWSOL
Token Distribution
The token distribution is designed to ensure fairness, transparency, and sustainability for the Solana Art Gallery ecosystem. The allocations are as follows:
Team Wallet
5%
Locked for long-term growth using a vesting schedule on Streamflow.
Airdrop & Rewards
10%
Distributed to active artists and early community members to encourage participation.
Marketing
5%
Allocated for campaigns, promotions, and listings (e.g., on DexScanner).
Presale
35%
Conducted as a fair launch accessible to all participants via GoFundMemes.
Liquidity Pool
45%
Reserved to ensure smooth trading on decentralized exchanges and support ecosystem growth.
Token Utility
DrawSol (DRAWSOL) tokens serve multiple purposes within the Solana Art Gallery ecosystem:
Voting: Token holders can vote on artworks to determine weekly winners, ensuring a community-driven selection process.
Rewards: Weekly prizes in DRAWSOL tokens are awarded to top-voted artists and active participants.
Liquidity: Tokens allocated to liquidity pools facilitate seamless trading and enhance the platform’s financial stability.
Token Launch
Target Raise: 20 SOL
Launch Date: Soon
Launch Platform: GoFundMemes
Community Updates: Join the official Telegram channel for updates and announcements.
Vision
The Solana Art Gallery aims to empower artists and collectors within a decentralized, community-driven ecosystem on the Solana blockchain. Through the use of DRAWSOL tokens, the platform encourages creativity, participation, and fair competition.
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