Primal Mainnet Launch
Launch on BSC of an app that combines athlete fan token system + move-to-earn mechanism.
The exact launch time has not been announced, only that it is on February 13. This time is a placeholder.
DETAILS
- Mechanics & Features
- PRIMAL is a fitness app connecting users and athletes – 250+ onboarded athletes
- App is available to download on Android and iOs
- App is integrated with Apple, Fitbit, Whoop and other fitness devices
- Athletes can issue AFTs (Athlete Fan Tokens) to provide access to private communities (Inner Circles), training tutorials and courses, meal plans, challenges, and build a connection with fans
- Move-to-earn mechanics where users can earn token rewards from workouts
- Buy and stake $PRIMAL tokens to gain access to benefits such as; staking yield, free & exclusive PRIMAL NFTs, marketplace trading fee discounts, inner circle access, activate earnings
- PRIMAL NFTs can be traded on the in-app marketplace
- Purchase physical & digital goods from athletes & brands using credit cards via fiat onramp or $PRIMAL
- $ENRGY is the reward token
- $PRIMAL is the governance utility token (launched on Dec 8 2022)
- Token utility – staking, subscribe to athlete’s Inner Circles, in-app purchases and governance
- Tokenomics
- Token symbol: PRIMAL
- Total supply: 5,000,000,000
- 10.75% — Private sale (20% at TGE, 3 months cliff, then 18 months linear vesting – price: $0.0016)
- 18% — Public sale/IDO (20% at TGE, 3 months cliff, then 18 months linear vesting – price: $0.0016)
- 25% — Ecosystem incentives
- 15% — Liquidity, staking, MM (30% at TGE, 2 months cliff, then 4% monthly)
- 15% — Team (12 months cliff, 24 months linear vesting)
- 7.25% — Development reserve (11 months cliff, 24 months linear vesting)
- 6% — Partners & Advisors (12 months cliff, 24 months linear vesting)
- 3% — Marketing