$SCAMDY Coin

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$SCAMDY Tokenomics Overview

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Total Supply

- Capped at 1,000,000,000 tokens. 
  No further minting is possible, ensuring a fixed supply for the life of the project.

Token Sale and Bond
 

- (At time of publishing) 526,270,418 tokens are currently locked in the bond.
- 85 SOL will be raised from the sale of 800,000,000 tokens, which represents 80% of the total supply.
- Once the bond reaches 100%, the target will be met, meaning the entire 800 million tokens will have been sold.
- The current ICO does not involve any presale, and there was no prior investor allocation, ensuring all buyers have equal opportunity to purchase tokens at market price.

Fees and Liquidity Pool (LP)

- A total of 6 SOL will be taken out for fees:
  - 2 SOL will go to Pump.Fun for operational costs.
  - 4 SOL will go to Raydium for exchange and liquidity pool services.

- 79 SOL (remaining from the sale) plus 20% of the tokens (200 million) will be used to seed the Liquidity Pool (LP), ensuring a healthy market for trading and price stability once the token launches on decentralized exchanges like Raydium.
- Liquidity will reach full capacity once 800 million tokens have been sold during the ICO.
 

Developer / Founder Wallets
 

- The developer wallet holds 10% of the total supply (100 million tokens). These tokens are reserved for:
  - Funding project initiatives like developing games.
  - Merchandising, giveaways, rewards, and community events.

- The founder wallet contains only tokens purchased with personal funds, making the founder subject to the same market conditions as other participants.

- Both the developer and founder wallets will be publicly listed on the project's website for full transparency, with a goal of enhancing trust with the community.

 

Token Utility

The tokens have several core use cases within the ecosystem:

1. In-Game Currency:
   - Used as the currency for play-to-earn arcade games within the $SCAMDY ecosystem. Players can earn or spend tokens while participating in various games.

2. Governance:
   - Token holders will have voting power on project decisions and future plans.
   - A burn mechanism will be proposed and voted upon by holders, allowing the community to decide how to manage the token supply.

3. Purchasing Swag and Merch:
   - Tokens can be spent to purchase official $SCAMDY merchandise, creating further utility for holders.

4. Future NFT Drops:
   - Tokens will be used to purchase NFTs from future project drops.
   - It is important to note that token swapping for NFTs will not be available, in line with Pump,fun's lack of -"404" ability (meaning NFTs can't be swapped back into tokens).

 

Summary

$SCAMDY offers a fair launch with no early investor advantages, a well-planned liquidity pool, and a clear utility in gaming, governance, and merchandise purchases. The fixed supply and future burn mechanism add deflationary potential, allowing the community to drive the token’s long-term value. The transparent handling of developer and founder wallets aims to builds trust within the community.