Pre-token
As we start our operations, it’s hard to envision all aspects related to governance and grant allocation mechanics. Still, there was a need to get our feet wet and obtain the empirical data to fully understand the processes we currently only have on paper.
Since we’d rather have an option to have a smart contract custom-tailored to our use case down the line, we decided to launch a generic placeholder test token ($xMEGAPI) first, that we would use for testing out our procedures, instead of $MEGAPI.
Following the token generation event (TGE), $MEGAPI will be airdropped to $xMEGAPI holders in a 1:1 ratio.
xMEGAPI
Total supply: 3,141,592.653589793 $xMEGAPI
Early community sale
The initial sale took place according to the following schema:
1% of the total supply to 10 early supporters.
Flat 50 USDGLO for 3141.592653589793238462 $xMEGAPI (1 kiloPi $xMEGAPI).
Contributions were sent to the community multisig on Base:
Once all 10 places were filled, 1 kiloPi $xMEGAPI have been airdropped to the 10 buyer wallets.
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