Pre-sign Up (finished)
MINT token distribution was completed during the 2 weeks of pre-sign up period (from June 15-29, 2021). The total supply of the token is 1,149,363,840,000 MINT. 93.75% of the tokens were distributed via the HUNT to MINT token swap and 6.25% of them were distributed by the community airdrop. MINT token had no token sale, no investors, and no free team allocation (the team also swapped their HUNT tokens to MINT during the pre-sign up period).
There was no token sale and MINT token was ONLY minted by swapping HUNT token during the pre-sign up period. The swap required people to BURN their HUNT (Ethereum chain) tokens to receive MINT tokens (BSC) with a 1 : 100,000 ratio. During this period, a total of 10,775,286 HUNT tokens (about 2 million USD market value at that time) were burned to get MINT tokens.
The team did not run any fundraising. During the pre-sign up, the team also swapped their HUNT to MINT tokens (about 30% of the total supply). By using the tokens we swapped, we provided the MINT/WBNB liquidity pool on PancakeSwap, and the remainder (about 222B MINT tokens, 19% of the total supply) will be used for business development.
Total Supply: 1,149,363,840,000
TGE (Token Swap Event)
- Swapped from HUNT: 718,352,400,000 (62.5%)
- Airdrop: 71,835,240,000 (6.25%)
- Team matching swap: 359,176,200,000 (31.25%)
Mint Club is set to launch during 3Q 2021. Before the main launch, we’re running a pre-sign up period for people to swap/earn MINT tokens - the key currency at Mint Club. MINT is a non-inflationary BEP20 based token on the Binance Smart Chain used for collateral assets in Mint Club.
Pre-sign up period: June 15 - 29, 2021
MINT token is a non-inflationary token, which means that there will be no further minting once the initial supply has been set. The following categories will determine the amount of the initial MINT supply during the pre-sign up period, and there will be no change afterwards.
- 1.Swapped MINT from HUNT tokens → This will be the base supply.
- 2.MINT airdrop → 10% of the base supply will be additionally allocated.
- 3.Initial LP and business development fund → HUNT team will also swap their HUNT to MINT tokens with 50% of the base supply used for the initial liquidity pool on PancakeSwap, as well as further business development.
- 1.Total burnt HUNT = 5M HUNT
- 2.Total swapped MINT = 500B MINT (base supply)
- 3.Airdrop pool = 50B MINT (10% of the base supply)
- 4.LP and business development fund = 250B MINT (50% of the base supply)
- 5.Total initial supply = 800B MINT
(This is just an example. The actual initial supply will be varied based on the HUNT to MINT swap result).