Token Allocation

Describing the allocating proportion of GO COIN in different sectors and how they will be used.

Token Allocation Chart

Token Allocation

Go Coin is a fair launch utility-token project. There was no seed round, no private round, no pre-sale, and no public sale (ICO/IDO/IEO). 85% of the total supply was reserved for the Go Coin community.

1. Mining (61.5%)

Since Go Coin is a FREE utility token to be distributed to the public, users can obtain it through completing daily missions or other mining processes.

2. Liquidity (10%)

Liquidity is locked in PancakeSwap liquidity pool for 12 months as an initial liquidity provider, it cannot be drawn out hence protecting the community

3. Burn (10%)

Reserved for Go Coin quarterly burn to reduce the total token supply, greatly increasing the token scarcity and hence pumps up the price of Go Coin.

4. Marketing (10%)

Reserved for future promotions for marketing purposes, tokens will be given to cooperating institutions as remunerations. As a trade-off, they will encourage and educate their community about the utility and usage of Go Coin, and Go Coin users can enjoy discounts when purchasing their items. This will surely help our community to grow stronger!

5. Airdrop (5%)

Reserved for airdropping in future special events, enabling users to receive additional free Go Coin tokens by finishing a few easy tasks in the airdrop event.

6. Team (3.5%)

Stored in the team wallet owned by the development team and advisors, this will be locked for at least 6 months to protect users.