Doc
  • 🤝Introduction
    • What is Talentre
  • 📖Tutorial
    • For Customers
      • Login
      • Find a jobs
      • Achievement
      • Exercises
      • Referral
    • For Businesses
      • Post a job
      • Create Your Profile
      • Post new job
      • Understand the Dashboard
      • Analyse Applications
  • 🪙Tokenomics
    • Overview
    • $TAL Token
    • $TAL Coin
    • Coin Incentive Program
    • Token Incentive Program
    • Value-added Services and Pricing
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  • Token acquisition
  • Total Supply - 100 Million
  1. Tokenomics

$TAL Token

$TAL token is issued and managed by a BVI entity and is intended for web3 users. It is the carrier for private investing, public sales, and secondary market trading such as DEX.

Token acquisition

  1. Private Investing, Public Sale, Secondary Market e.g. DEX

  2. Periodic rewards: Distributed to platform contributors based on their achievements in a given time period.

  3. Introduce to Earn: Users can earn token rewards by referring others to register or successfully match with job positions.

  4. Initial Boosting: Early registered and verified users will receive token incentives.

Total Supply - 100 Million

Allocation and Unlocking

  1. Team: 10%. Locked for two years and then released linearly over the next two years.

  2. Investor: 20%. 5% is unlocked at TGE, 10% is unlocked after six months, 30% is unlocked after one year, and the remaining portion is released linearly over two years.

  3. Growth Fund (Market, Advisor, Strategy Partners): 10%, used for marketing, advisor reward, and strategic partners. The token is released at TGE.

  4. Reserve: 10%, held by the team.

  5. User incentive program: 50%

Periodic Rewards: 30%. Released linearly in the following month based on the cumulative amount of tokens earned in the current month.

Introduction to Earn: 18%. Released linearly in the following month based on the cumulative amount of tokens earned in the current month.

Initial Boosting: 2%. Locked for three months and then released linearly over three months.

Token Usage

  1. Staking to Earn: $TAL Coin is the consumption coin on the Talentre platform. Users can stake $TAL Token to obtain $TAL Coin. The staking interface will be provided separately by a third-party platform (i.e. a different website from Talentre) to handle all token-related matters such as token collection, staking, and fiat currency purchases.

Note that $TAL Token cannot be used directly on the Talentre platform and must be staked to convert into $TAL Coins.

  1. Governance.

  2. Dividends from platform revenue. (The team will periodically buy back $TAL tokens)

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Last updated 2 years ago

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