GeoFox Token Litepaper
Introduction:
GeoFox Token stands out in the digital currency landscape as a distinctive meme coin crafted on the Polygon network, offering a blend of simplicity and engaging community interaction.
Vision and Purpose:
GeoFox Token merges the whimsical nature of meme coins with potential utility (IE future governance), nurturing a robust and active community on a scalable, efficient platform.
Tokenomics:
- Total Supply: 1 billion GEOFX tokens.
- Distribution: 4% for development, 16% for marketing
5% for airdrops, 75% for public sale.
- Burn Rate: 1% per transaction, fostering scarcity and value growth.
Technology:
- Network Choice: Utilizes Polygon's low-cost, high-speed infrastructure for an enhanced, eco-friendly crypto experience.
- Security Focus: Features like the ReentrancyGuard ensure protection against common vulnerabilities, particularly in batch transactions.
- Standard Compliance: Incorporates proven OpenZeppelin contracts for ERC20 and ownership functionalities.
_ Code Audits by Slither
Airdrop Strategy:
- Community-Centric Approach: Plans to distribute 100 million GEOFX tokens to early supporters, promoting broad token adoption.
Roadmap:
- Q1: Testnet launch (Live on Mumbai), community engagement, airdrop planning.
- Q2: Mainnet launch, airdrop execution, establishing strategic partnerships.
- Q3-4: Focusing on community expansion, enhancing utility, and integrating platform feedback.
Governance:
- Future Direction: Aiming for a decentralized governance model, empowering token holders to influence the project's trajectory.
Conclusion:
GeoFox Token welcomes crypto enthusiasts to be part of a project that harmonizes the allure of meme coins with the robustness and agility of the Polygon network.