$FRAKT Tokenomics

Value accrual and utilities

Value accrual mechanisms are explained in the Holder Benefits section

$FRAKT utilities are listed here

Allocations

Total supply for $FRAKT will be 10B

• 6.25% for migration from $FRKT (1:62.5 conversion rate with linear unlock over a year)

• 5% for IDO

• Remaining allocations will be communicated after closing the Strategic Round

IDO

• Date is still TBD

• 500M $FRAKT (5% of total supply) will be sold at IDO

• 0,003$ per $FRAKT will be the minimum price at IDO

• IDO model (fixed price vs variable price) hasn't been defined yet IF we go for for a variable price (Mango-style IDO) then the price of $FRAKT at IDO will depend on IDO participation. A few simulations below :

Amount raised at IDO	IDO price for $FRAKT	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$
...	...	...