Tokenomics
Tokenomics
Token Info
Token Distribution
ℹ️
Contract
- Name: Kollect AI ($KOL)
- Network and Type: Ethereum ERC-20.
- CA:
0x04f626293ed3923d4748776a940344283eddd7bc.
Liquidity
- Liquidity has been locked for a year as of October 2024.
- Initial 2/3 liquidity lock.
- Final 1/3 liquidiity lock.
Token Distribution
- Liquidity - 85%
- Marketing - 10%
- Team - 5%, locked for 3mo as of October 2024.
Token Taxes
ℹ️
Taxes are collected as ETH, not as KOL, to avoid concerns with sell timing.
- Buy Tax - 5%
- Sell Tax - 5%
To fund the development and growth of Kollect AI, there is a minimal 5% buy and 5% sell tax, ensuring that the project has enough resources to succeed while keeping trading friction low for the community.
Of the tax collected, 80% is spent on marketing, and 20% is spent on product development and maintenance.
Utility
Holding $KOL will offer access to additonal limits and access to features in the Kollect AI bot. As a $KOL holder, you’ll receive higher limits on queries and access to additional features.