Pengwyn Token ($PNGWYN)
PNGWYN Token is designed to be the expension asset of Pengwyn BINC, and has a supply capacity of 25.000.000 units.
The majority of PNGWYN Tokens will be distributed to contributor NFT holders. However, the release of PNGWYN Token will only take place once the internal funding is capable of providing the necessary liquidity to ensure that the token becomes a beneficial asset for the platform. Once an appropriate launch base is achieved, the contributors will receive the token through an initial airdrop on a daily basis. The token allocation details are as follows:
Mining (~%70 of total supply) A total of 17,472,000 $PNGWYN Tokens have been allocated for mining. The allocations differ for each NFT category as follows:
14,560,000 $PNGWYN Tokens are reserved for Pengwyn Waddle NFTs,
1,747,200 $PNGWYN Tokens are reserved for Member Pengwyn NFTs,
873,600 $PNGWYN Tokens are reserved for Councilor Pengwyn NFTs,
and 291,200 $PNGWYN Tokens are reserved for The Ultimate Pengwyn NFT.
Each NFT has a daily distribution of $PNGWYN Tokens for a period of 52 weeks. The daily distribution amounts are as follows:
Pengwyn Waddle NFTs will be mining 4 $PNGWYN Tokens daily, with a maximum mining capacity of 1,456 $PNGWYN Tokens per NFT,
Member Pengwyn NFTs will be mining 48 $PNGWYN Tokens daily, with a maximum mining capacity of 17,472 $PNGWYN Tokens per NFT,
Councilor Pengwyn NFTs will be mining 240 $PNGWYN Tokens daily, with a maximum mining capacity of 87,360 $PNGWYN Tokens per NFT,
and The Ultimate Pengwyn NFT will be mining 800 $PNGWYN Tokens daily, with a maximum mining capacity of 291,200 $PNGWYN Tokens.
Airdrop (~%9,5 of total supply) A total of 2,352,000 $PNGWYN Tokens have been allocated for airdrop. The allocations differ for each NFT category as follows:
1,960,000 $PNGWYN Tokens are reserved for Pengwyn Waddle NFTs,
235,200 $PNGWYN Tokens are reserved for Member Pengwyn NFTs,
117,600 $PNGWYN Tokens are reserved for Councilor Pengwyn NFTs,
and 39,200 $PNGWYN Tokens are reserved for The Ultimate Pengwyn NFT.
Each NFT category will receive a one-time airdrop of $PNGWYN Tokens after the Token Generation Event (TGE), with the following airdrop amounts per NFT:
Each Pengwyn Waddle NFT will receive 196 $PNGWYN Tokens,
Each Member Pengwyn NFT will receive 2,352 $PNGWYN Tokens,
Each Councilor Pengwyn NFT will receive 11,760 $PNGWYN Tokens,
and The Ultimate Pengwyn NFT will receive 39,200 $PNGWYN Tokens.
Marketing & Liquidity (~%20,5 of total supply) A total of 5,176,000 $PNGWYN Tokens have been allocated for marketing and liquidity purposes. The specific allocations for marketing and liquidity will be announced at a later date.
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