Overview
- Token Name: Virty
- Total Supply: 1,000,000,000 tokens
- Launch Price: AED 1 (~$0.27 USD, assuming 1 AED = $0.272)
- Blockchain: Hedera Hashgraph
- Purpose: Power a PropTech ecosystem for real estate 3D tours and tokenized asset transactions, leveraging Hedera’s high-throughput, low-fee network to enable scalable virtual tours, fractional ownership, and community-driven platform growth.
Token Allocation
- Ecosystem (60%, 600M tokens):
- Marketing (40%, 400M tokens):
- Referral Program (160M tokens):
- Community Referrals: 80M tokens (100 Virty/referral, 800,000 referrals for platform sign-ups).
- Strategic Referrals: 80M tokens (5,000 Virty/referral, 16,000 referrals for enterprise partners, e.g., real estate firms).
- Campaigns (160M tokens):
- Social Media: 60M tokens (50 Virty/post engagement, 1.2M users).
- Email Campaigns: 60M tokens (100 Virty/sign-up, 600,000 users).
- Google Ads: 40M tokens (50 Virty/ad click sign-up, 800,000 clicks).
- Events/Trade Shows (60M tokens):
- Booth Incentives: 40M tokens (100 Virty/demo sign-up, 400,000 attendees).
- Referrals: 20M tokens (5,000 Virty/enterprise referral, 4,000 referrals).
- Content Marketing (20M tokens):
- Influencers/Quotes/Videos: 20M tokens (50,000 Virty for 400 real estate influencers/videos).
- Vesting: 4-year vesting (25% annually, 100M/year) to align with long-term marketing campaigns.
- Referral Program (160M tokens):
- Liquidity Incentives (20%, 200M tokens):
- Allocated for liquidity pools on Hedera-based DEXs or trading rewards to ensure deep market depth and price stability.
- Vesting: 4-year vesting (25% annually, 50M/year) to support long-term trading.
- Marketing (40%, 400M tokens):
- Team (12%, 120M tokens):
- CEO: 24M
- CTO: 24M
- COO: 24M
- CMO: 24M
- Advisors (2): 12M each
- Blockchain Developer: 5M
- Full Stack Developer: 5M
- Vesting: 4-year vesting (25% annually, 30M/year) to align with long-term project goals.
- Investors (8%, 80M tokens):
- Investor 1–4: 20M each (2% each).
- Vesting: 3-year vesting (33.33% annually, 26.67M/year) to minimize sell pressure.
- Treasury (10%, 100M tokens):
- Purposes:
- 40% (40M): R&D (e.g., 3D tour technology, tokenized asset platforms).
- 30% (30M): Strategic partnerships (e.g., real estate firms, Hedera council members).
- 20% (20M): Community grants for user-driven initiatives (e.g., open-source PropTech tools).
- 10% (10M): Emergency reserves for market stabilization.
- Vesting: 3-year vesting (33.33% annually, 33.33M/year), managed by a community-elected council post-Q1 2026.
- Governance: Treasury decisions subject to veVirty holder votes starting Q1 2026.
- Purposes:
Distribution Timeline
The distribution is phased over 2025–2029 to prevent oversupply and build sustained demand:
- Private Sale (10%, 100M tokens, Q2 2025):
- Price: AED 1/token, raising AED 100M (~$27.2M USD).
- Lock-up: 6-month lock-up post-sale to stabilize initial trading.
- Airdrop (3%, 30M tokens, June–July 2025):
- 1,000 Virty/tester for 30,000 testers to drive early adoption and platform testing.
- Platform Rewards (40%, 400M tokens, Q3 2025–Q2 2029):
- Distributed over 4 years at ~100M tokens/year (marketing campaigns, referrals).
- Liquidity Incentives (20%, 200M tokens, Q3 2025–Q2 2029):
- 25% annually (50M/year) to support trading liquidity.
- Team (12%, 120M tokens, 2025–2029):
- 25% annually (30M/year) over 4 years.
- Investors (8%, 80M tokens, 2025–2028):
- 33.33% annually (26.67M/year) over 3 years.
- Treasury (10%, 100M tokens, 2025–2028):
- 33.33% annually (33.33M/year) to fund R&D, partnerships, and grants.
Token Utility
Virty powers a PropTech ecosystem, focusing on 3D tours and tokenized assets, with rewards shifted to platform-wide incentives:
- Payments:
- 3,000 Virty (AED 3,000) for a 3D property tour.
- 300 Virty (AED 300) for tour reuse.
- 50 Virty (AED 50) for tokenized asset transactions (e.g., fractional property ownership).
- Rewards:
- 50–5,000 Virty/referral (via marketing campaigns, e.g., community and enterprise referrals).
- 50–100 Virty/platform engagement (e.g., social media posts, demo sign-ups).
- Staking:
- 15% revenue share (e.g., AED 750K in Q4 2025 from tour fees and transactions).
- Tiered lock-ups: 6 months (5% APR), 12 months (10% APR), 24 months (15% APR).
- Governance:
- Vote-escrowed Virty (veVirty) model starting Q1 2026.
- Voting on platform upgrades, reward allocations, treasury usage, and fee structures.
- Minimum 3-month lock-up for voting rights, with longer locks (up to 2 years) increasing voting weight.
Mechanisms
- Burn: 3% of transaction value (e.g., 30,000 Virty/AED 1M tour or asset sale) to reduce circulating supply and enhance scarcity.
- Staking Lock-up: Tiered periods (6, 12, 24 months) with escalating APR to incentivize long-term holding.
- Fee Redistribution: 50% of platform fees (e.g., tour fees, transaction fees) redistributed to veVirty holders in stablecoins (e.g., USDC on Hedera) to decouple rewards from Virty price volatility.
- Dynamic Fee Adjustment: Algorithmic fee adjustments (e.g., 2,500–3,500 Virty/tour based on market demand) to optimize platform affordability.
- Dynamic Liquidity Pools: 200M tokens allocated to Hedera-based DEXs, with automated rebalancing to maintain price stability.
Timeline
- Q3 2025: Private sale (100M tokens, AED 100M raised).
- Oct-Nov 2025: Airdrop (30M tokens to 30,000 testers).
- Dec, 2025: Token launch (Week 13).
- Q4 2025–Q2 2029: Platform rewards (400M tokens, ~100M/year).
- Q4 2025–Q2 2029: Liquidity incentives (200M tokens, 50M/year).
- 2025–2029: Team (120M, 30M/year), Investors (80M, 26.67M/year), Treasury (100M, 33.33M/year).
- Q2 2026: Governance launch with veVirty model.
What is the veVirty Model?
The veVirty model (vote-escrowed Virty) is a system where Virty token holders lock their tokens for a specified period to receive veVirty tokens, which grant governance voting rights and additional benefits like revenue sharing. The longer the lock-up period, the greater the voting power and rewards, incentivizing long-term commitment to the Virty ecosystem. This model is designed to align the interests of token holders with the platform’s success, ensuring community-driven decisions while reducing short-term speculation.
Key Features of the veVirty Model
Based on the Virty tokenomics:
- Lock-up Periods:
- Token holders can lock Virty tokens for 3 months to 2 years.
- Minimum lock-up: 3 months to receive veVirty and participate in governance.
- Longer lock-ups (e.g., 12 or 24 months) increase voting weight and revenue share.
- Governance Rights:
- veVirty holders vote on:
- Platform upgrades (e.g., 3D tour features, tokenized asset integrations).
- Reward allocation (e.g., marketing campaign budgets).
- Treasury usage (e.g., R&D, partnerships, grants).
- Fee structures (e.g., dynamic fee adjustments for 3D tours).
- Voting starts in Q2 2026, enabling community control early in the project’s lifecycle.
- veVirty holders vote on:
- Revenue Sharing:
- veVirty holders receive 50% of platform fees (e.g., 3D tour fees, tokenized asset transactions) in stablecoins (e.g., USDC on Hedera) to decouple rewards from Virty price volatility.
- Example: AED 750K revenue share projected for Q4 2025, distributed based on veVirty holdings.
- Voting Weight:
- Voting power scales with lock-up duration. For example:
- 3-month lock: 1x voting weight (1 veVirty per 1 Virty).
- 12-month lock: 2x voting weight (2 veVirty per 1 Virty).
- 24-month lock: 4x voting weight (4 veVirty per 1 Virty).
- This encourages long-term holding, reducing sell pressure.
- Voting power scales with lock-up duration. For example:
- Non-Transferable: veVirty tokens are non-transferable, tied to the locking wallet, ensuring governance reflects committed stakeholders.
- Decay Mechanism: Voting power may decay as the lock-up period nears its end (e.g., linear decay in the final months), incentivizing re-locking to maintain influence.
Purpose of the veVirty Model
- Decentralized Governance: Empowers the community to shape the Virty ecosystem, aligning with DeFi principles.
- Long-Term Alignment: Encourages holders to lock tokens for extended periods, reducing circulating supply and stabilizing prices.
- Revenue Incentives: Ties staking rewards to platform revenue (e.g., AED 750K in Q4 2025).
- Ecosystem Stability: Prevents short-term speculation by rewarding committed holders, ensuring decisions prioritize long-term growth (e.g., PropTech integrations like 3D tours).