πŸͺ™Tokenomics of the RNVD Token

The RNVD token of the supra-DAO (Level-1)

The tokenomics of ReNVEST DAO are designed to balance the needs of various stakeholders, including the core team, investors, advisors, and the broader community. By carefully structuring the allocation and distribution of RNVD tokens, ReNVEST DAO aims to create a sustainable and robust ecosystem that supports the platfdorm's growth and long-term success. This well-planned token economy not only incentivizes participation and investment but also ensures that the platform remains flexible and responsive to market demands and opportunities.

Total and Max Supply of RNVD

  • Total Supply: 350,000,000 RNVD

  • Max Supply: 475,000,000 RNVD

The tokenomics of RNVD are meticulously structured to ensure the long-term sustainability and growth of ReNVEST DAO. Below is a detailed breakdown of the token allocations:

Token Allocations

  • Team (ReNVEST DAO Treasury): 18.00%

    • Reserved for team members and contributors, including airdrops for intellectual property rights and in-kind labor. This allocation ensures that the core team and key contributors are incentivized and rewarded for their efforts and ongoing commitment to the project.

  • Initial Founding Sale (Launchpads and Pre-Sale): 16.75%

    • Allocated for initial investors through launchpads and pre-sale events. This early funding phase helps secure the necessary capital to launch and grow the platform, providing foundational support for ReNVEST DAO’s operations.

  • Operations: 7.50%

    • Dedicated to covering operational expenses and ensuring the smooth running of the platform. This includes costs related to development, maintenance and overall operational infrastructure.

  • Strategic Sale: 1.65%

    • Reserved for strategic partnerships and sales. This allocation aims to build strategic alliances that can enhance the platform's capabilities and market reach.

  • Public Auction Sale: 18.35%

    • Tokens available for public purchase through staged auctions with varying prices. This method ensures broad participation and fair access to the tokens, fostering a diverse investor base.

  • Marketing: 4.85%

    • Allocated for marketing efforts to promote the platform and attract investors. Effective marketing strategies are crucial for raising awareness and driving adoption of the ReNVEST DAO platform.

  • Advisors: 2.35%

    • Allocated to advisors providing guidance and support. Advisors play a key role in strategic decision-making and offer valuable industry insights.

  • ReNVEST DAO Foundation: 10.00%

    • Dedicated to foundation initiatives supporting the project’s mission. This includes funding for research, development and community projects that align with the long-term vision of ReNVEST DAO.

  • Community Reserve: 17.25%

    • Set aside for community-driven initiatives and liquidity. This allocation supports community engagement and rewards programs and ensures adequate liquidity for the platform’s token economy.

  • Angel Investors (Private Sale): 3.30%

    • Reserved for early-stage private investors. This allocation recognizes and rewards the initial supporters who provide critical funding during the early development stages of the platform.

Other Tokens

  • RNV Max Supply: Unlimited

    • The RNV token, used as the primary payment token in order to swap RNV with property STO tokens within the ReNVEST DAO ecosystem, has an unlimited supply to facilitate transactions and investments across the platform.

  • STO Max Supply: Unlimited (case-by-case)

    • STOs are issued on a case-by-case basis, with their supply limited by each property's valuation and linked to the price expressed in RNV tokens. This ensures that the number of STOs corresponds to the underlying value of the real estate assets they represent. STOs represent a fraction of each tokenized property in question and proportional voting power in each sub-DAO at property level. Nonetheless, the STO tokenholder does not necessarily enjoy proportional rental reward distribution in relationship with the acquired amount or percentage of the respective tokenised property unless that tokenholder qualifies for the NFT airdrop. Hence, one needs to own at least 10% of a property to gain a guaranteed proportional rental reward in RNVD tokens at the time of distribution as scheduled and duly announced by the DAO. Such amounts that are not distributed to non-qualified tokenholders will be used by the supra-DAO to buy back RNVD from the open market and burn or permanently lock it in a smart contract by destroying the private key to it in order to create buying pressure and more scarcity with regards to RNVD tokens. However, the DAO may still decide to proportionally distribute such proceeds in a proportional manner from time to time and the announcement will be publicly made and easily and readily available to the community.

  • NFTs: Similar to STOs and subject to the percentage in the corresponding STO representing the underlying real estate asset

    • NFTs are issued based on the percentage ownership in the corresponding STO, representing the underlying real estate asset. One needs to invest at least 10% in one given property via the purchase/swap of RNV into STOs (out of the total number of STOs in each tokenized property) in order to receive the NFT. This ensures that each NFT accurately reflects the fractional ownership and rental income entitlements of the investor. The NFT represents certificate for the rightful receipt of proportional rental rewards and may be send to the investor through airdrop or received from the former investor upon approval of the subsequent wallet address of the new buyer of STOs (subject to KYC/AML procedures and wallet address greenlisting).

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