Dynamic Initial Supply (DIS) Model
The Dynamic Initial Supply (DIS) Model is an innovative mechanism that determines $PHORIA's maximum supply based on real-demand (measured by sales revenue) during a specified Demand Discovery (D.D.) Phase.
How DIS Model Works
Demand Evaluation: During the D.D. Phase, $PHORIA is sold at fixed price, and users can purchase as much as they want.
This process is similar with participating the launchpad or public sale
Users can freely spend $PHORIA to purchase in-game items and enjoy the increased efficiency for mining NEU and $PHORIA
During the D.D. Phase, $PHORIA cannot be swapped.
Post D.D. Phase:
Once the D.D. Phase ends, $PHORIA's price will no longer be fixed and will not be available for purchase at a set price from the store.
The maximum supply of $PHORIA will be determined based on the demand during the phase.
A $PHORIA swap feature will be created in future, enabling free-market trading.
Demand Discovery Phase for Neuphoria
Duration: December 6th to January 7th
Where to Buy: Telegram Miniapp
Pricing: $PHORIA is sold at a fixed price of $0.01 throughout the phase.
Final Supply Determination
The total supply of $PHORIA is determined after D.D. Phase as:
Final Total Supply = Number of $PHORIA sold during the D.D. Phase x 20
Example, if 100 million $PHORIA is sold, the total supply will be 2 billion $PHORIA.
FDV = Final Total Supply * Market Value (initially $0.01)
Liquidity Provision
50% of the revenue from $PHORIA sales will be allocated as liquidity for $PHORIA/$NEW swap pairs on our platform.
100% of Supply will be Allocated to Community
All minted $PHORIA will be allocated exclusively to the community/contributors.
Minimum Market Cap: $100,000
We aim to avoid high FDV, low float. If there is no sufficient demand during the D.D. phase, we will start with a low market cap to maximize benefits for early users.
The minimum market cap of the $PHORIA will be $100,000 with 10,000,000 $PHORIA total supply.
If the estimated market cap at the end of the Demand Discovery Phase is below $100,000, the Newcoin Foundation may provide additional liquidity to meet this minimum cap.
Hard-KPI based Core Contributor (Team) Incentives
100% of the issued tokens are initially allocated to the community, and team will start with 0 $PHORIA. However, the team will be able to receive a certain percentage of tokens if the project achieves targeted KPIs.
The purpose of this incentive is to ensure the team remains committed to the long-term and sustainable success of the project if it performs well.
The KPIs will be designed to align interests in a way that benefits both $PHORIA holders and gamers as project grows.
If the KPIs are not met, the team's allocation will remain 0.
Assuming all KPIs are achieved, the maximum allocation for the team will range between 10-20%.
The details of team allocation and KPI requirements will be shared later.
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