$MBLK Tokenomics
Last updated
Last updated
Ticker: Magical Block ($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
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)