Tokenomics
This article outlines the distributions of the $fxn token. These distributions are crucial to bring fxn to a decentralized and sustainable state.
Token Fundamentals
Token Symbol
$fxn
Total Supply
1,000,000,000
Initial Circulating Supply
1,000,000,000
Initial Launch
November 22, 2024
Distribution Breakdown
Community Holdings (60.3% — 603,000,000 FXN)
This portion represents FXN tokens purchased directly from the market by community members following the token launch on Pumpfun. These tokens were acquired through open market transactions and are freely traded.
ai16z DAO (10% — 100,000,000 FXN)
This allocation was donated to the ai16z DAO in recognition of their groundbreaking work on the ai16z eliza framework. Their decision to open-source this framework created the foundation for modern AI agents and catalyzed the development of agent infrastructure projects like ours. This donation acknowledges their crucial role in establishing the technological bedrock of the current AI agent ecosystem.
It was purchased using the original dev wallet and directly transferred to the ai16z dao.
Team (19% — 190,000,000 FXN)
This portion is allocated to past, present, and future team members contributing to the ecosystem’s development. It will be used to fund the the ongoing development of both the underlying technology behind FXN and the continuing development of the FXN artistic universe.
Community + Developers (2% — 20,000,000 FXN)
Funds to incentivize developers to build with FXN tech.
This allocation will be distributed to:
Developers who integrate their frameworks into the FXN tech stack
Marketers who help spread the word about FXN to new regions
Educators who teach communities about the value of FXN and the superswarm.
Funds are also allocated for community activations, events, and experiences.
Listing Reserve (5% — 50,000,000 FXN)
This allocation is strategically maintained to support future exchange listings and ensure adequate market liquidity through professional market-making services. In the event that a centraized exchange is interested in listing FXN, this supply will be deployed.
Investors (3.6% — 36,000,000 FXN)
This allocation represents the contribution of early strategic investors who provided initial capital and resources to bootstrap the protocol's development. These participants bring valuable expertise and network effects to the ecosystem.
Last updated