Token Distribution and Issuance
$ACE Coins will be distributed to achieve three main goals:
To stimulate a vibrant community
To distribute ownership to the community based on contribution
To support the ACE App and ecosystem development.
The bulk of $ACE Coins will go towards the Use-to-Earn Rewards Pool and the Ecosystem Fund, with the aim of scaling up the circulating supply to keep pace with the growth of the ACE user base and user demand.
Use-to-Earn serves dual purposes: incentivizing positive contributions and granting $ACE ownership to those who contribute most.
The ACE Product Suite development itself will be supported by the Team endowment as well as future token sales. Initiatives like grants, liquidity rewards, exchange listings, and more will be supported by the Ecosystem Fund.
The numbers shown below are projections based on genesis plans. Any changes or future issuance (if applicable) will be controlled by the ACE DAO via the governance mechanism.
Year 4 is an important benchmark, as all genesis token lockups and vesting will be complete by this time, and all genesis tokens will be in circulation. Prior to year 4, the difference between issuance total and circulating supply will be the locked Team, Advisors, and Investor tokens.
Below is the projected $ACE distribution by year 4.
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