Micro3, a prominent decentralized Web3 platform merging social engagement and blockchain technology, has announced its native token $MIRO tokenomics. As per Micro3’s token allocation model, a staggering 66% of the $MIRO supply will cater to community growth. The platform revealed its overall token distribution strategy in a recently published article on X.
Micro3’s Latest $MIRO Token Distribution Model Allocates 66% for Community Growth
Micro3’s token distribution plan specifies a noteworthy 66% of the total $MIRO supply for community growth. The key focus of this plan is to provide rewards to active participants and those who contribute to the platform’s advancement. The token dissemination model intends to significantly drive the community initiatives. The aforementioned 66% $MIRO allocation is divided into a couple of categories, including the Ecosystem Growth Fund and Community Rewards.
Particularly, Micro3 focuses on incentivizing active ecosystem engagement with a 36% $MIRO catering to community rewards. This endeavor targets to reward the users as a token of recognition for their viable contributions. Hence, the users possessing a Micro3 Citizen Passport, taking part in community endeavors, or having Genesis NFT collections are to be rewarded. In addition to this, those who actively engage with the ecosystem, and take part in airdrops and token events are also the beneficiaries. Moreover, dissimilar to conventional incentive projects, Micro3 poses no restrictions on reward collection.
Apart from the 36% allocated for community rewards, other 30% of $MIRO supply is devoted to Ecosystem Growth Fund. This initiative will ensure the platform’s innovation and sustainability in long term. This allocation will back chief stakeholders necessary for the evolution of Micro3. They take into account developers, collaborators, and contributors. The respective fund denotes a key factor supporting the platform’s continuous development and expansion.
Empowering User Base to Drive Sustainable Growth and Innovation
According to Micro3, the 66% token allocation for community growth underscores its key focus on community. By rewarding users, Micro3 empowers its consumer base while endeavoring to establish a sustainable and decentralized future marked by growth and innovation. Furthermore, this development also points toward Micro3’s continuous efforts to refine the tokenomics model thereof, with a key focus on the overall community.
