📶$CHX Tokenomics

version 1.1 published on Oct 7, 2024

The $CHX token, serving as the core governance and utility token of the CohortX ecosystem, has a total supply of 1 billion tokens, fixed to ensure no future inflation. The distribution plan is designed to prioritize user engagement and ecosystem rewards, while ensuring long-term sustainability and growth.

• Airdrop and Ecosystem: 45% (450,000,000 $CHX) We are committed to generously rewarding our community. A substantial portion of the token supply, 45%, is dedicated to users and participants within the ecosystem.

  • Airdrop: 20% (200,000,000 $CHX) 60% of the airdrop allocation will be available at the Token Generation Event (TGE) and quarterly unlock for 12months, aimed at rewarding existing AI Buddy players for converting their in-game $LOVE tokens to $CHX. This immediate reward ensures early community engagement and incentivizes participation.

  • Ecosystem: 25% (250,000,000 $CHX) To further support ecosystem growth, 20% will be unlocked at TGE, with the remaining tokens released linearly over 36 months. This allocation will incentivize data contributors, model developers, and other participants who drive the long-term success of the platform.

• Seed and Strategic Investors: 8% (80,000,000 $CHX) 20% will be unlocked at TGE, then will be followed by an 24-month linear release, seed and strategic investors align their long-term goals with the platform’s sustained growth and success.

• Public Sale: 10% (100,000,000 $CHX) Available to the public with 20% unlocked at TGE, followed by a 24-month linear release, providing a balanced approach to public participation and long-term engagement.

• Founders and Team: 15% (150,000,000 $CHX) Founders and team tokens will be locked for 12 months, ensuring alignment with the long-term vision, followed by a 24-month linear release to maintain their ongoing commitment to the platform’s success.

• Treasury: 10% (100,000,000 $CHX) 15% will be unlocked at TGE, followed by a 36-month release, ensuring ample resources for future platform development and strategic initiatives.

• Advisors: 7% (70,000,000 $CHX) After a 1-month cliff for a 30% token release, the remaining 70% will be unlocked over 36 months, rewarding advisors for their continued contributions to the platform.

• Liquidity Reserve: 5% (50,000,000 $CHX) Fully unlocked at TGE, this ensures sufficient liquidity to support smooth trading and market engagement.

Initial Token Distribution At TGE, 27.1% of the total token supply will be distributed, with 12% allocated to player rewards. This constitutes 44.28% of the initial release, with the remainder allocated to ecosystem incentives (5%), liquidity (5%), public sale (2%), and seed & strategic investors (1.6%) and treasury (1.5%). This distribution ensures that early adopters are generously rewarded while maintaining ample resources for long-term platform growth and ecosystem development.