Parcl Limited Shares $PRCL Tokenomics
Parcl Limited shared more about its tokenomics and supply schedule ahead of the $PRCL network token launch.
The Deets
- Decentralized Real Estate: A first-of-its-kind exchange focusing on real estate assets.
- Community Governance: $PRCL holders to shape future ecosystem developments.
- Token Allocation: Details on distribution and utility unveiled, with allocations for HOA and Mad Lads NFT holders
The Bulk
Parcl Limited shared more details about its PRCL network token. This move is part of Parcl's mission to decentralize its ecosystem, granting token holders governance rights and access to enhanced utilities within its platform.
One billion $PRCL tokens will be the ultimate supply, with 8% initially provided to the community. From that distribution of 80,000,000 $PRCL, 95% of it will be provided to early adopters of the Prcl Protocl. A further 5% will be provided to two specific communities, 4% to Parcl HOA NFT holders and 1% to Mad Lads NFT holders.
Mad Lad NFT holders have until Apr. 4 to verify their holdings in the Parcl Discord via the Matric bot.
A further 28% of the total supply will then be shared to the community overtime as an incentive for growth of the protocol and ecosystem.
📊 By the Numbers
Parcl has seen siginifcant traction with more than $940 million in total notional volume having traded.
🎤 Platform Prose
The Parcl Protocol is a first-of-its-kind decentralized exchange with an initial focus on real estate. Parcl’s primary intention is to create a liquid market around the largest asset class in the world by leveraging world-class real estate data.Parcl Limited
🔜 What's Next?
The $PRCL token is expected to drop in Apr, though the official date has not yet been provided.
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