🪙THE VIBBE TOKEN
$VIB, The Native Utility Token of the VIBBE Music Prediction Platform
1) Purpose & High-level Vision
$VIB is a multi-purpose utility token that:
It powers the prediction pools and staking mechanics.
Rewards accurate predictors, top creators, and community contributors.
Grants governance rights (voting on features, pools, and treasury spends).
Acts as in-app currency for premium features, NFTs, and event access.
Enables tokenized rewards (airdrops, leaderboards, special drops).
2) Supply & Basic Parameters
Total supply: 1,000,000,000 $VIB.
Decimals: 18.
Initial circulating: 15–25% (after seed/strategic rounds & liquidity).
3) Token Allocation
Community & Rewards: 35% — prediction pools, leaderboard payouts, campaign rewards.
Ecosystem & Grants: 20% — developer bounties, creator partnerships, integrations.
Team & Advisors: 15% — time-vested.
Foundation / Treasury: 15% — long-term runway, partnerships.
Liquidity & Exchanges: 10% — initial DEX/market-making.
Private/Token Sale: 5% — strategic investors (with vesting).
4) Emission & Vesting Rules
Team & Advisors: 4 years vesting, 1 year cliff.
Private investors: typical 6–12 month cliff + linear vesting.
Rewards pool: gradually released weekly/monthly to avoid large sell pressure
5) Token Utility
Stake to enter premium prediction pools or increase betting limits.
Pay entry fees for special tournaments or creator-hosted pools.
Rewards payouts for correct predictions, leaderboard positions, and referral bonuses.
Staking: stake $VIB for yield, boosted prediction multipliers and access exclusive features.
Governance: proposal creation and voting.
Buy NFTs and artist drops inside the marketplace; redeem for event tickets or artist merch.
Burn mechanics for some on-platform fees to create deflationary pressure.
6) Rewards & Economic Incentives
Prediction reward formula: Reward = Pool × (totally amount of stakes in the pool at the time ).
Streak and engagement bonuses: XP multipliers and marginal bonuses for daily/weekly streaks.
Referral & community tasks: $VIB for verified referrals, content contributions, or helpful data.
Creator payouts: revenue share in $VIB for artists/curators who create officiated pools and bring traffic.
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