CJpeg 🎩
@cjpeg
PARCL published an article including tokenomics a few hours ago. In this article, they announced that the PRCL token will be launched in the coming weeks. Let's look at how valuable the Parcl airdrop could be based on tokenomics. 🧵👇
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CJpeg 🎩
@cjpeg
Total supply will be 1.000.000.000. and 80,000,000 (8%) tokens will be released as the initial circulation supply. 75,000,000 of this will be distributed to people who collect points. 4,000,000 tokens will be distributed to HoA holders, and 1,000,000 tokens will be distributed to MadLads nft holders. 🎒
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CJpeg 🎩
@cjpeg
Let's do some basic math for point farmers. Thanks to the RWA hype these days, I think the market value will easily reach $250m initially. If this happens, we could see a price of 250m/80m = $3,125 per token.
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CJpeg 🎩
@cjpeg
Now let's assume that they distribute 75m tokens equally to 100k people who collected points. In this case, 75m/100k = 750 tokens will drop per person. If we multiply this by the token price, it will be 750x3 = $2250. Of course, If they make a tier system, top ranked users could receive an airdrop of around $10k. 👀
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CJpeg 🎩
@cjpeg
Of course, this is speculation at the moment as we do not know how they will distribute 75m tokens to how many people, but it still seems like the Parcl airdrop will be very valuable. If you haven't collected points yet, there is still time. The team announced that they have not received any snapshots yet. Good Luck.
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