# Tokenomics

### **Details**

**Token**: $Eli5a

**Chain**: Base

**Protocol**: Creator.Bid

**Contract** **Address**: 0xd413485aa9ca4f88419904255a2384f667dddcab

**Total supply**: 21,000,000

**Buy/Sell Tax**: A2`%` tax applies to both buy and sell transactions \[automatically implemented by the Creator.Bid Protocol]

**Launch Date:** January 2nd, 2025 

**Eli5 Team Ownership:** 9.75%

**Locked percentage:** 4.27% :lock:

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### &#x20;Team Allocations <a href="#team-allocations" id="team-allocations"></a>

This project started with no external funding and with a fair launch. We want Eli5a to be community owned and involved with the growth of DeSci.&#x20;

* **Dev Wallet -** the technical powerhouse responsible for developing Eli5a's AI systems and infrastructure
  * **Address**: 0x1f3E6cad73F03246541fF7eF1555d667fea06399

To maintain trust and alignment with the community - Eli5a team have locked 900k Eli5a Tokens with the following breakdown:

* 450k locked on chain for 12months
* 450k locked onto the Creator.Bid platform&#x20;

This ensures that the team remains committed to the project’s long-term success and delivers value to token holders without sudden selloffs.

We also want to provide support under the membership section in the Creator.Bid platform, hence why both transactions are split.&#x20;

Onchain signature: <https://basescan.org/tx/0x7392adcab91be934564fac5d8a66254f165fca3a0d8c4fdc6077f704a9ebe7c8>

Creator.Bid Status:&#x20;

<figure><img src="https://3233302448-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FWWV0KxcMAOwPk69pWiYV%2Fuploads%2Fc0TBLDiAdAO3eCO2SiTA%2Fimage.png?alt=media&#x26;token=40c4dea6-69c1-47a5-976b-98a6dccb36bd" alt=""><figcaption><p>Proof of 450,000 Eli5a Tokens locked.</p></figcaption></figure>

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### Fair Launch & Community Participation <a href="#fair-launch-and-community-participation" id="fair-launch-and-community-participation"></a>

All supply of $Eli5a tokens were distributed via a **fair launch** on the [Creator.Bids](https://creator.bid/agents) platform, ensuring no unfair pre-sales or allocations to insiders. This approach guarantees equal opportunity for all participants to acquire tokens during the launch.

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### Future Use Cases & Revenue Integration <a href="#future-use-cases-and-revenue-integration" id="future-use-cases-and-revenue-integration"></a>

As part of Eli5a teams comprehensive tokenomics strategy -&#x20;

1\) Lock 900,000 Eli5a Tokens. This ensures holders that Eli5a's team is holding for the long term.&#x20;

2\) Use up to 20% of the revenue created in the Treasury to invest in DeSci projects. Eli5a's team care about promoting the DeSci narrative on chain. Posts will be made on X when investments have been carried out.&#x20;

3\) 5% of revenue will be used in R\&D to further enhance Eli5a.&#x20;

4\) 5% of revenue will be used on admin, technology and developer costs.

5\) Charitable donations to give back to the community. We feel it's only right to give back to the community - through community decision, we will choose to donate at our discretion from the treasury to a charitable organization.&#x20;

**Address**: base:0x33333b0c905DC0820b0218dd46905574F8433714

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### Advantage of Locking Eli5a Tokens <a href="#transparent-and-community-driven" id="transparent-and-community-driven"></a>

1. **Exclusive Tools**: Access to advanced AI tools like image generation models used in Eli5a's X posts.
2. **Community Access**: Engage in token-gated chats and collaborate with other creators.
3. **Influence**: Help shape AI influencer strategies and content.
4. **Airdrops:** Receive airdrops from Creator.Bid.

More information on how to lock [here ](https://docs.creator.bid/creator-drop/memberships#membership-benefits)