$PRODUCE is an innovative project that merges cryptocurrency with the idol group fan community. This project aims to engage fans in the operation and activities of the idol group through voting, rewards, and other means of active participation. $PRODUCE tokens are the central currency for this ecosystem.
Creating Idol Groups and Co-Creation with Fans
Fans will participate in the selection of idol group members, as well as the creation of songs, costumes, and performances through voting.
NFT Rewards and Voting System
Fans will be rewarded with exclusive NFTs upon the debut of the group, and can continue to participate in voting and events using $PRODUCE tokens.
CEX, DEX, and NFT Platforms
The $PRODUCE token will be listed on major decentralized exchanges (DEX) such as Raydium and may also be listed on centralized exchanges (CEX). NFTs will be issued in conjunction with fan activities to further energize the token economy.
The $PRODUCE token will be issued with the following distribution:
| Category | Percentage | Details |
|---|---|---|
| Operations | 20% | 20% of tokens will be allocated to operations, with a 1-year lock-up period. |
| Tech Development & Idol Costs | 10% | 10% will be used for tech development and idol group activities. Monthly usage will be published for transparency. |
| Airdrop | 10% | 10% will be allocated for airdrops to the community and early supporters. |
| Community | 30% | 30% will be used for community engagement and fan participation, including voting and event rewards. |
| Exchange Listing Liquidity | 20% | 20% will be used for liquidity on exchanges to support trading. |
| Initial Liquidity | 10% | 10% will be used for providing initial liquidity to ensure smooth trading of $PRODUCE tokens. |
Operations and Lock-Up:
20% of tokens allocated for operations will be locked for 1 year, ensuring that no tokens are sold or moved during this period. After the lock-up period ends, tokens will be gradually released and used for project operations and idol activities.
Transparency:
Tokens used for tech development and idol costs will be published monthly, ensuring transparency in how the funds are used.
Raydium (Solana DEX)
$PRODUCE will be listed on Raydium, a decentralized exchange (DEX) on the Solana blockchain. Initial liquidity will be provided in pairs such as $PRODUCE/SOL or $PRODUCE/USDC.
Centralized Exchanges (CEX)
$PRODUCE is expected to be listed on major centralized exchanges (e.g., Binance, KuCoin, FTX), increasing access to a wider audience and improving liquidity.
Liquidity Pools and Farming
After the listing, liquidity pools and staking opportunities will be offered to provide incentives for liquidity providers and reward token holders.