Parity Token

Tokenomics

As both a thank you and as a commitment to the partnership we will have with holders for aiding our launch we offer the following benefits:


  • The token can be used as a utility token to buy items from parity stores. Whether the retailer chooses to accept other cryptocurrency or not will not stop users purchasing items using Parity's token.


  • The token will allow holders to claim up to 75% of total profits from the platform. A buyback mechanism works in conjunction with retailers accepting cryptocurrency payments or accepting credit with the company to redirect cryptocurrency payments to the holders of Parity's token.


  • The token will be listed on platforms where it can be traded and sold. Token staking will be implemented at the launch of the platform to allow holders to stake and gain additional rewards.


  • The token will allow holders to vote on key business and financial decisions that will have an impact on their % of ownership, staking mechanism and methods of payment.

The Parity token utilises the following tokenomics:


  • 1,000,000,000 Total supply
  • 50% of presale goes into Liquidity
  • 5% tax on buying
  • 10% tax on selling


Taxes will be used to support marketing and ongoing support for the platform until the subscription and payment systems are self sufficient. After this point, both buy and sell tax will drop to 4%.




 

Share by: