$MBLK Tokenomics

Ticker: Magical Block ($MBLK)

Blockchain Networks: Ethereum

IDO Launch date: Completed and Closed (May-June 2023)

Whitelisting launch date: Completed

Listing Date: November 23rd 2023

Total Supply: 1,000,000,000

Initial Token Circulation: 15,500,00 (1.55%)

Total 1st Year Circulation: 131,000,000 (13.1%)

Initial MarketCap: $1,162,500

Below, we present an outline of the various stages of the IDO, along with the corresponding token allocation and price for each stage (scroll right for complete table) :

Stage	Accepted Tokens	Supply %	Token Allocation	Price ($)	Value ($)	FDV of Public Supply	FDV of Game Server Supply
Stage 1	USDT, ETH	1.3%	13,000,000	$0.05	$650,000	$25,000,000	$25,000,000
Stage 2	USDT, ETH	1.3%	13,000,000	$0.055	$715,000
Stage 3	USDT, ETH	1.3%	13,000,000	$0.06	$780,000
Migration	ERC-20	7.1	71,000,000
Total	​	11%	110,000,000	-	$2,145,000

Token Allocation & Release Schedule (scroll right for complete table)

Allocation	Token %	Token Allocation	TGE %	Cliff	Vesting Period	FDV of Public Supply	FDV of Game Server Supply	Total Supply in Year 1
Private	4%	40,000,000	5%	5 months	24 months	$15,000,000	$15,000,000	1.6%
IDO	11%	110,000,000	8.33%	0 month	12 months	$25,000,000	$25,000,000	11%
Yield Farming	10%	100,000,000	0%	-	36-48 months			-
Team	10%	100,000,000	0%	12 months	36 months			0%
Exchange Liquidity	10%	100,000,000	-	-	-			2%
Advisors	5%	50,000,000	5%	2 months	24 months			2.5%
In-Game Distribution	50%	500,000,000	0%	Algorithmic Deflation	Algorithmic Deflation			-4% (deflationary)