Tokenomics

LIFTO is a utility token that will be used on the platform for purchasing digital assets and for trading on the secondary market. The token will be built on the Polygon network, using ERC-20, ERC-721, ERC-761, and ERC-1155 standards. Here is a breakdown of the tokenomics for LIFTO:

Token Supply:

The total supply of LIFTO tokens will be 1 billion. The tokens will be distributed as follows:

• 50% (500 million tokens) will be reserved for the platform's ecosystem development and marketing.
• 25% (250 million tokens) will be allocated for the team and advisors, with a 1-year vesting period.
• 15% (150 million tokens) will be reserved for the liquidity pool, with the goal of providing users with a liquid market to trade their tokens.
• 5% (50 million tokens) will be reserved for community development, with the aim of incentivizing user participation and engagement.
• 5% (50 million tokens) will be reserved for future partnerships and collaborations.

Token Utility:

LIFTO tokens will have multiple utilities on the platform, including:

• Purchasing in-game digital assets.
• Trading on the secondary market.
• Staking for rewards and earning passive income.
• Participating in governance and decision-making processes.