Tokenomics
| Token name | Artrade Token (ATR) |
|---|---|
| CMC link | https://coinmarketcap.com/fr/currencies/artrade/ |
| Launch Date | April, 2022 |
| Network Information | Artrade Token (ATR) was initially minted on Binance Smart Chain (BSC). The token will migrate to the Solana blockchain around Q1 2024. Holders will be able to swap their BSC ATR for SOL ATR on Artrade.app at any time. ATR transactions will then take place on the Solana network. |
| Token smart contract address on BSC | 0x7559C49c3Aec50E763A486bB232fA8d0d76078e4 |
| Token smart contract address on Solana | ATRLuHph8dxnPny4WSNW7fxkhbeivBrtWbY6BfB4xpLj |
| Upgradability | None |
| Token allocation entity | SAS ARTRADE.APP 39 rue de la gare de Reuilly 75012 Paris RCS Paris B 902 799 212 |
| Initial supply cap | 1,8 billion ATR |
| Decimals | 9 |
| Trading pair on Mexc Cex | ATR/USDT |
| Trading pair on Bitmart Cex | ATR/USDT |
| Trading pair on Gate.io Cex | ATR/USDT |
| Trading pair on Solana Dex Raydium | ATR/USDC |
| Holders | 8724 |
| Token released | Nov. 2023：84,59% Dec. 2023：88,44% Jan. 2024：92,29% Feb. 2024：96,15% Mar. 2024：100% |
ATR Token Allocation
80% of the total supply is for the community and the web3 eco-system.
| Percentage | Category | Description | Number of tokens |
|---|---|---|---|
| 51% | Artrade’s DAO (gradually community governed) | Artrade will allocate this reserve to support artist's careers, spearhead communication and education initiatives surrounding the utility of NFTs in addressing longstanding issues within the art market, advocate for the legal acceptance of digital ownership titles on the blockchain. Holders will progressively have the authority to make decisions through a DAO interface. | 918,000,000 |
| 12,5% | Initial Coin Offering (ICO) | The project garnered support from over 6500 investors, raising $6 million by its conclusion in February 2022. | 224,627,249 |
| 9% | R&D and marketing | Token allocation to cover technical expenses for innovation and development within Artrade's marketplace. Simultaneously, it ensures a robust communication strategy highlighting the platform's innovative benefits. | 162,000,000 |
| 7% | Staking program | Stakers will receive a 25% APY, capped at 126 million ATR tokens. This APY will gradually be adapted in line with the rise in token buy-backs or until it utilizes the entire allocated supply. | 126,000,000 |
| 7% | Burn mechanism | Artrade plans to perform token burns equivalent to the tokens distributed through the staking program, aiming to decrease the overall circulating supply. | 126,000,000 |
| 5,5% | Private sale | Initial investors and business angels who engaged in the private sale of equities and tokens prior to the ICO. | 99,500,000 |
| 5,5% | Team and seed supporters | Individuals who were involved in the initial stages of the project and supported Artrade during its inception in 2021. | 99,500,000 |
| 2,5% | Liquidity providing | Tokens used to provide liquidity on crypto markets. | 44,372,751 |
Artrade wallets
| Wallet name | Multisig wallets public addresses on Solana |
|---|---|
| Artrade’s DAO | 5ktznVaWcV31WccPwkxefURKzY3ByYYeteq2jhxFtnr6 |
| R&D and marketing | 9KEBF9g8rPJtJCbgiuSCHwwfWZHLRFGriipNhDPSmvQ1 |
| Liquidity provider | 7XQtbQPpiWnEaBSzxL81KQvACU1kxrYaUWwqUvJjASe6 |