$PHONE
$PHONE is the in-app currency for the APhone ecosystem
Last updated
$PHONE is the in-app currency for the APhone ecosystem
Last updated
210 billion $PHONE have been minted at genesis and will become accessible over the course of 4 to 5 years.
The initial 4 to 5 year allocation is as follows:
85% to APhone community members 178,500,000,000 $PHONE
15% to past and future core contributors with a 3-month cliff and 48-month vesting 31,500,000,000 $PHONE
The community treasury will have 85% of $PHONE supply available to distribute to the community through contributor grants, community initiatives, and incentive programs.
Of the 85%, 55% (115.5B $PHONE) has been allocated to the incentive budget for the 4-year Airdrop Program.
If all of the airdrop budget is utilized, more can be allocated via governance vote.
$PHONE will vest to the community treasury on a continuous basis according to the following schedule:
| Year | Community Treasury | Distribution % |
|---|---|---|
Year 1 | 71,400,000,000 $PHONE | 40% |
Year 2 | 35,700,000,000 $PHONE | 20% |
Year 3 | 26,775,000,000 | 15% |
Year 4 | 17,850,000,000 | 10% |
DAO Governance
PHONE tokens will give holders voting rights in the APhone DAO that governs the platform. Token holders can influence decisions like which apps are featured and etc.
APhone aims to be the ultimate gateway for approved web3 apps, like the App Store on iPhone.
For the pre-installation on APhone, you must pay by PHONE.
For featuring on the dApp store
Special access privileges and customizations could be unlocked by holding a certain number of PHONE tokens:
Group control system
Create administrator settings for a group of APhone users. Control permissions and access to shared resources. Useful for companies issuing phones to employees.
Custom APP logo and name
Personalize APhone experience by customizing the logo and name displayed for your favorite apps. Shows your affiliation and personalizes your device.
