MKZ Utility Token
MAKERZ Token (MKZ) (BETA Whitepaper)
What is MKZ ?
MKZ is a ERC20 token built on Polygon main network
-Explorer link https://sepolia.basescan.org/token/0xE
-Supply quantity is fixed with a total of 10 billion tokens.
MKZ is a utility token to be used on https://market.makerz.app, makerz NFT campaigns and community management.
MKZ primarily to be used for
-Community campaigns
- Rewards of makerz NFT (which will be specified on NFT metadata)
- Community Votings
- Receiving Airdrops from new partnerships.
- Web3 Staking
- makerz NFT Trading
- IDO participation & NFT Drop Whitelisting
MKZ Tokens should be stored on wallets in soft/hard EVM chain Wallets. (Metamask, Coinbase Wallet, Web3 Auth accounts, Ledger Nano,etc.)
MKZ TOKENIMICS
· 40% will be distributed for free to community as Reward (Airdrop & Bounty & Marketing)
· 25% is reserved for Team , Advisors and Ambassadors . To be in circulation gradually after 2 years. (circulation will be decided by MKZ Token DAO community)
· 15% is reserved for listing fees, liquidity injection & Market making. trading competition prizes etc.
· 20% will be sold in IDO’s (first IDO will be conducted at Q4 of 2025)
mkz.makerz.app to be tracked tokenomics current data.
· How Tokenomics Buy-Back and Burn Process will work?
%5 of makerz NFT collection volume will be used as liquidity injection at DEX. (every quarter)
10% of the profit & fees of marketplace.MAKERZ.app will be used as liquidity injection at DEX. (every quarter)
Bought back Token will be burnt which will be transparently visible via blockchain explorer.
MKZ holders will have full right on creator fees & collection shares of partnership of newly established NFT collections.(0x000ead or MMZshares.ens)
Detailed and transparent information will be provided before and after each burning process.
IDO ( Initial DEX Offering) ?
·First IDO for MKZ Token is foreseen at Q4 2025 ,excact date TBA.
· %4 of total supply will be offered in exchange to $POL or $ETH
· Softcap: 1.4 million $
1 MKZ= $0.01 Until Softcap is reached.
· Hard Cap: 2.6 million $ 1 MKZ= 0.012 $ After Softcap is reached.
· Airdrop/Bounty tokens delivery will be independent from IDO schedule, they will be delivered instantly.
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