💰Tokenomics
1| Renovi ($RNVI) Token
Renovi ($RNVI) is the native utility token of the Renovi platform, an immersive in-game advertising platform designed to revolutionize the gaming and advertising industries. Leveraging blockchain technology, Renovi seamlessly integrates advertising into games, offering gamers rewards in the form of $RNVI tokens for engaging with ads, while providing advertisers with an effective way to reach their target audience. With its innovative approach to in-game advertising and rewarding engagement, Renovi aims to reshape the gaming and advertising industries, creating value for all participants in the ecosystem.
$RNVI is constructed on the ERC-20 token standard, utilizing the robust and secure Avalanche blockchain. This standard is heralded as one of the most significant in the crypto sphere, enabling the creation of token applications that are interoperable across a wide range of products and services. As an ERC-20 token, $RNVI can be stored in any compatible wallet, bridged to other EVM-compatible networks, and listed on both decentralized and centralized exchanges. Renovi plans to enhance the accessibility of $RNVI by facilitating its availability on additional EVM-compatible platforms such as BSC and Polygon in the near future.
From its inception at the token generation event, $RNVI has been designed to freely circulate within and beyond the Renovi ecosystem, adhering to predetermined lock-up and vesting schedules. Integral to its design, $RNVI functions as a utility token with multifaceted applications within the Renovi ecosystem. As Renovi evolves, $RNVI is poised to become increasingly pivotal to the platform’s growth, embodying its potential and versatility in driving forward the innovative intersection of gaming and advertising.
2| $RNVI's Role in the Renovi Ecosystem (Utility)
The $RNVI token plays a pivotal role in fostering a symbiotic relationship between gamers, game studios, advertisers, and token holders within the Renovi ecosystem. As the primary medium of exchange, $RNVI tokens enable seamless transactions and incentivize active participation, driving the growth and sustainability of the platform.
Empowering Gamers
$RNVI tokens empower gamers by offering tangible rewards for their engagement with in-game advertisements. By seamlessly integrating rewarded immersive ads, Renovi enhances the gaming experience while providing gamers with a means to monetize their time spent gaming. Through $RNVI tokens, gamers gain access to a new stream of income within the gaming environment, thereby increasing retention and fostering a loyal community.
Enabling Advertisers
For advertisers and brands, $RNVI tokens offer a unique opportunity to connect with a highly engaged audience of gamers. By leveraging $RNVI tokens for ad payments, advertisers can unlock access to a targeted and receptive user base, maximizing the effectiveness of their marketing campaigns. The ability to convert advertising spend into $RNVI tokens not only incentivizes engagement but also facilitates transparent and efficient transactions, enhancing the value proposition for advertisers.
Empowering Token Holders
Token holders benefit from the growing demand and utility of $RNVI tokens within the Renovi ecosystem. Beyond serving as a medium of exchange, $RNVI tokens offer additional opportunities for token holders to participate in the platform's success. Through the staking mechanism, token holders can contribute to liquidity and earn $RNVI as a reward, aligning their interests with the long-term growth of the ecosystem.
Supply
$RNVI boasts a finite supply of 100M tokens, capped strategically to foster scarcity and underpin its value within the burgeoning Renovi ecosystem. The total token count is deliberately limited, with no future issuances planned, a decision encoded within the smart-contract parameters to ensure transparency and trust. This restriction is pivotal, safeguarding against the dilution of value—a challenge frequently encountered in the broader cryptocurrency landscape. By eliminating the possibility of inflation or dilution, $RNVI's design inherently enhances its long-term valuation and stability. The implementation of a fixed supply is instrumental in maintaining the token's integrity, making it an essential cornerstone for the sustainable growth and prosperity of the Renovi platform.
Token Name
Renovi Token
Supply
100,000,000
Token Ticker
RNVI
Allocation Plan
The $RNVI token distribution is planned to fairly share tokens among different groups involved with the Renovi project. These groups are the project team, the community supporters, and the general public. Also, some tokens are set aside for things like growing the business, supporting the overall system, adding to the liquidity pool, and for marketing purposes. This way of splitting up the tokens is aimed at making sure the project grows and includes everyone involved.
Fund
%
Volume
TGE
Cliff
Frequency
Vesting
Seed Round
11.00%
11,000,000
7.50%
3
1m
15
Private Round
10.00%
10,000,000
7.50%
4
1m
12
KOL
2.00%
2,000,000
2
1m
9
Public Sale
9.20%
9,200,000
20.00%
1
1m
5
Airdrop
0.50%
500,000
100%
Foundation
10.00%
10,000,000
3
1m
57
Marketing
13.00%
13,000,000
1m
24
Liquidity
7.00%
7,000,000
20.00%
1m
8
Ecosystem
20.00%
20,000,000
0.50%
1m
48
Team
13.00%
13,000,000
12
1m
36
Advisors
4.00%
4,000,000
6
1m
24
Total
100%
100,000,000
Initial Market Capitalization Forecast
After the start of trading due to Token Generation Event (TGE), 4.015 million $RNVI tokens will be made available from the collective pools, priced at an initial market valuation of $521K. This valuation is based on an opening price of $0.13 per $RNVI token. Should there be a significant demand for the token, the initial market capitalization could ascend well beyond this figure, reflecting the community's strong support and the potential for growth within the Renovi ecosystem. This scenario highlights the dynamic nature of market capitalization, contingent on both the token's initial pricing and the market's reception.
Token Unlocking Period
All $RNVI tokens follow a structured vesting schedule to prevent overwhelming the market and ensure a steady release. Depending on the specific allocation (e.g., Seed Round, Private Sale, Team), tokens will become available gradually over the designated vesting period and at predetermined intervals, known as vesting steps. This approach helps manage the flow of tokens into circulation, aligning with the long-term growth and stability of the Renovi ecosystem. The details of this vesting process can be visualized in the accompanying bar chart.
Token Buy Back and Burn
At Renovi's discretion, a percentage of the advertising spend shall be allocated for Web3 ads and revenue every month for $RNVI token buy back, burning and staking. This strategic approach allows us to manage token supply, enhance token utility, and incentivize participation within our ecosystem.
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