Tokenomics Overview

General

$CAP will be capneo's native token and will be issued by the capneo DAO.

Max. Supply: 10,000,000 CAP

Token Standard: ERC 20

Listing of $CAP

The capneo utility token will be listed approx. in Q4 of 2022 on Quickswap (Polygon network). The initial listing liquidity provided by capneo DAO is planned to be $750,000 worth of $CAP and $750,000 worth of $MATIC, which will account for ca. 23.5% of raised funds.

Allocation and Distribution Schedule

Position	Description	Allocation
Treasury & Reserve	Treasury tokens can be - after successful voting - allocated to other positions (e.g. increase ecosystem grants, working groups, etc.) and can be used to support network rewards.	14%
Ecosystem	This allocation is envisioned to fund innovators, creatives, developers, etc. in form of grants to grow capneo's ecosystem.	12%
Working Groups	The working groups will be populated by the capneo DAO community and core contributors and operate autonomously. There will be different WGs helping capneo to grow.	12.1%
Special Impact Allocation	Used to form strategic partnerships with universities and other educational institutions, charities as well as governmental institutions.	3%
Liquidity	75% of the total 10% is planned to be provided as initial liquidity. The initially provided trading pair will be $CAP / $MATIC on Quickswap with a TVL of $1,500,000 ($750,000 worth of each token)	10%
Initiators	The initiators launch the initial version of capneo DAO and provide other initiatives beneficial to the DAO. They will have a strict 3-year quadratic vesting schedule starting on the day of the token listing.	9.9%
Airdrop (NFT Membership)	capneo is raising funds by selling Seed NFTs bringing staking and voting benefits. When the token launches on Polygon in approx. Q4 2022, the Seed NFT investors receive their tokens via an airdrop and is being vested according to the vesting schedule.	30%
Strategic Membership Allocation	VCs can also acquire $CAP directly without participating in the Seed NFT sale but receive the tokens under the same conditions as Seed NFT investors.	9%

Release schedule

• Strategic Membership: 6 months lock-up period after token listing, 18 months linear vesting schedule afterwards.

• NFT Membership:

  • Seed (VCs): 6 months lockup after token listing, 18 months linear vesting afterwards

  • Round 1 (Retail with WL): 25% instant release. 75% linear vesting over 18 months.

  • Round 2 (Public Mint): No vesting

• Ecosystem Grants: Distribution via successful DAO governance. But a maximum of 3.54% can be released every month. Moreover, 30% of the grant amount is instantly released, the remaining 70% are linearly vested over 6 months.

• Working Groups: 10% are unlocked at listing which will be used to further distribution via successful DAO governance. Every following month, a maximum of 2.36% can be released. Moreover, 30% of the rewards a working group receives are instantly released, the remaining 70% are linearly vested over 6 months.

• Liquidity: 75% unlocked at listing, the remaining 25% are reserved for market-making and subsequent CEX and DEX listings.

• Treasury: 20% unlocked at the listing, afterwards 3.33% per month over 2 years. Distribution only via successful DAO governance.

• Initiators & Advisors: 3-year quadratic vesting schedule, including a 6-month cliff, starting on the day of the token listing.

The following chart excludes tokens that will be controlled by governance and do not follow an unlock schedule, such as "Ecosystem & Grants", "Working Groups & Contributors" and "Treasury".