SCOLT Token
On this page you will learn the ECONOMY of the Safe Coliseum (SCOM) Tokens
Safe Coliseum was built with an engraved concept of making it safe and incentivized.
Note: Please read and understand this ECONOMY paper carefully before investing, kindly raise any query you may have on our social media channels. The sole purpose of this token is to make everybody in the community safe and grow together.
The total Supply of SCOLT tokens 21 Million have been divided equally into 2 parts, ERC20 and BEP20(BSC). and from the beginning, it will be on DEX
SCOLT's total supply has been allocated in 10 segments therefore both the blockchain mentioned above will be having 10 allocations, verification of the same can be verified onto the respective blockchain.
Before we understand the functions of the SCOLT, we will learn about Supply Allocations.
Pioneer Investors, 12% of the total supply:
All of us now know that Safe Coliseum has been rebranded from the original project Coliseum Tokens. Coliseum Token had an ICO Sale in early 2021, which was failed to gather the number of funds they technically required earlier. Since the project was good, the Safe Coliseum team has decided to take over and continue with the project. Therefore, whoever had an investment into the tokens is now considered a Pioneer Investor. These Pioneer Investors will get more amount of tokens than earlier committed by the Coliseum team as a Reward.
IFO and other token sales, 21% of the total supply:
This allocation is being allocated to make a Public Sale over Pencake, Uniswap, and other DEXs. New people will get involved in the system and will hopefully make a better economy.
Airdrops and Syrup pool, 3% of the total supply:
for the purpose of marketing and awareness, we have decided to make an Airdrop of SCOM to every ETH and BNB Holders in the proposition of their holding on a day we decide to make an Airdrop.
Director Allocations, 10% of the total supply:
There are 2 Directors, who have initiated these projects after the coliseum team has decided to drop it, both of them have decided to have only 12% of the total token supply which will be redeemed by them as per their convenience.
Marketing Expansion, 19% of the total supply:
The Coliseum project is going to be launched in a global environment, therefore, it will require a marketing team and will also require to expand it. constant efforts of everybody will make the community better. and if it is without any rewards then it will certainly not be a fair game.
Development Expansion, 6% of the total supply:
The Coliseum Platform is not a one-time Software, it will require constant efforts of development in terms of Security & Servers, those all expenses related to that will be covered from this allocation of the supply.
Liquidity allocation, 5% of the total supply:
Since our token is based on DEX, it will have to be available to buy and sell both on DEXs, for that, whatever amount of liquidity will be required, will be allocated from this allocation.
Future Team Expansion, 10% of the total supply:
We as a community, have decided to grow it together as a team, as a community, wherein, everybody should have put in their efforts, to reward those efforts, this allocation has been made.
Governance, 4% of the total supply:
Since it is a Global launch of the Coliseum platform, governing it will not be an easy task and we can not do it without the proper amount of funds. it is also true that 4% will not be enough to govern this entire project but we had to put initial allocation to start with.
Investment Partners, 10% of the total supply:
We saw an opportunity that along with crowdfunding, there are also private investors, who are willing to invest in the project, but since it is a community, it will not be a fair game if there will be more private investors holding more tokens, therefore, we have decided to limit that we will only accept 10% of the total supply of Private Investors, with new rules applicable to them aff course which will benefit to the community after all.
Now, that we have understood the allocations of the Supply, it's time to understand how the token features and rules on a basis of which these entire economies of the tokens depending on.
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