Quick Summary
Community Controlled
The full initial circulation of 400,000,000 $MONOPOLY tokens will be controlled by the community, with 600,000,000 locked & distributed over an extended period of time.
500,000,000 tokens will be locked in the Community Treasury for a total of 100 months with a 1% monthly claim allowance.
100,000,000 tokens will be locked in the dev wallet with a 48 month evenly distributed vesting period starting in January 2024.
Voting Consensus
All $MONOPOLY token holders have the right to participate in the DAO.
All token holders have the ability to vote on project proposals, usage of community treasury funds, and anything else that benefits the community.
Community Treasury
After public presale - the 3 members of the multi-sig wallet for the community treasury will be chosen.
The 500,000,000 community treasury tokens will be transferred to a treasury contract.
The community treasury contract will release those tokens at a rate of 1% per month for a total of 100 months.
Any claimable amount of released tokens can be disbursed through the quorum of the mutlisig wallet to go to the Community Rewards wallet, and used as staking incentives or burned - creating a deflationary supply.
Multisig Quorum
The chosen members of the initial multisig system will be chosen based on a community vote.
A minimum of 2 out of 3 members can perform a transaction in the multisig wallet.
The quorum controls the wallet, 2 of the 3 votes have the ability to remove or introduce new members.
If for whatever reason, any of the multisig members choose to sell 50% or more of their $MONOPOLY token holdings, they will be voted out of the quorum and a new member will be initiated.
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