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FRKX Tokenomics

Value accrual mechanisms are explained in the Holder Benefits section​
$FRKX utilities are listed here​

Total supply for $FRKX will be 10B
  • 5% for migration from FRKT (1:50 conversion rate with linear unlock over a year)
  • 5% for IDO
  • Remaining allocations will be communicated after closing the Strategic Round

500M $FRKX (5% of total supply) will be sold at IDO The price of $FRKX at IDO will depend on IDO participation (Mango-style IDO), with 0,003$ per $FRKX being the minimum price.
A few simulations below :
Amount raised at IDO
IDO price for $FRKX
Equivalent price for $FRKT
1.5M$
0.003$
0.15$
3M$
0.006$
0.30$
4.5M$
0.009$
0.45$
6M$
0.012$
0.60$
7.5M$
0.015$
0.75$
9M$
0.018$
0.90$
10.5M$
0.021$
1.05$
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Value accrual and utilities
Allocations
IDO