Economics
SF income
Second Frontier is building a very ambitious economic model, with huge added value potential to be shared within the SF community. Both, SF Land and our utility token XXXX, will be the content and the container of the economic power of Second Frontier. Second-Frontier as a business will see its income generation coming from recurring and non-recurring revenues.
Non-recurring income
Generated by one main channel:
SF Land sale
The tiles’ sale will generate a flow of money to fund the project at its very beginning. The total volume of SF Land being huge we expect the money-in to last over several years until the majority of perceived interesting SF Land is sold.
Recurring income
Generated by three different channels:
Transaction Fees
Second Frontier will charge 2.5% fees on all commercial transactions carried out in XXXX token among our community participants.
60% will be allocated to Second Frontier treasury.
For example:
- a promoter placing SF Content on SF Land will need to pay the Active SF Pioneer a renting fee in XXXXs.
- SF Content being sold on the SF Marketplace.
Creative support services for promoters’ projects.
SF will offer plug and play marketing events capacities or SF digital content to promoters and end-users. Additionally, digital assets created by the company can be sold via the marketplace.
Premium account sales.
Premium accounts will offer extra features for end-users, SF Content creators and promoters such as high storage, exclusive access, unlocked assets.
Charity
The Second Frontier team is willing to share a percentage of its benefits with charity projects.
The idea is to allocate the benefits to Social and Solidarity Economy (SSE) bodies aiming to develop alternative local food networks, in particular promoting a short food distribution circuit. !(socioeco.org)[https://www.socioeco.org/]
The benefits amount and the selected associations will be discussed with all SF participants via the DAO.
Tokenomics
SF platform has two different tokens available. SF Land is a non-fungible token -NFT- (under Solana standards) mainly used to record the ownership of SF Land in the Solana blockchain and ensure traceability, immutability and uniqueness.
“XXXX” is a fungible utility token and acts as an exchange medium throughout the SF platform. The token will be used by SF community participants to interact with the platform and themselves. Every possible transaction on the platform can be performed in XXXXs.
We will issue a total of 10 Billion XXXXs. A Private Sale (early investors’ round), a Strategic Investors Sale and a Public Token Sale will be performed for a total supply of 5%, 5% and 4% accordingly. We will distribute the remaining tokens as detailed in the below table.
Token Distribution
Supply % | Tokens (Millions) | Usage of Funds | |
---|---|---|---|
Private sale | 5 | 500 | Initial development |
Stategic investors | 5 | 500 | Initial funding |
Public token sale | 4 | 400 | Initial development |
Liquidity & listing | 10 | 1 000 | Liquidity pool and listing fees |
Advisors & partners | 8 | 800 | Advisors and Partners in marketing, tokenomics & consulting |
Team | 15 | 1 500 | Team and ofunders incentivization |
IT development | 16 | 1 600 | IT/R&D |
Marketing | 13 | 1 300 | Marketing costs |
Business development | 8 | 800 | B2B and B2C developments |
Legal | 3 | 300 | Legal and compliance |
Community Fund | 10 | 1 000 | Reserve for platform rewards |
Airdrop & promotions | 3 | 300 | Community building and early adopter rewards |
Token cliff and vesting
Supply % | Cliff (lock) | Vesting (linear) | |
---|---|---|---|
Private sale | 5 | 6 months | 18 months |
Stategic investors | 5 | 6 months | 18 months |
Public token sale | 4 | None | None |
Liquidity & listing | 10 | None | None |
Advisors & partners | 8 | None | 12 months |
Team | 15 | 12 months | 36 months |
IT development | 16 | None | 25%: none; 75%: 60 months |
Marketing | 13 | None | 25%: none; 75%: 60 months |
Business development | 8 | None | 25%: none; 75%: 60 months |
Legal | 3 | None | 6 months |
Community Fund | 10 | None | 60 months |
Airdrop & promotions | 3 | None | None |