Overview

The native token, MAZZE, is set to revolutionize the ecosystem through a wide array of functionalities. This document outlines the structured information about the project, its native token utility, the strategic approach towards liquidity and community engagement through an ERC20 token on the Ethereum network, and the planned transition towards its mainnet launch.

Token Utility

The native MAZZE token, integral to the Mazze blockchain, is designed to serve multiple key functions, ensuring the robustness and sustainability of the network. The utilities include:

  • Transaction Processing & Smart Contract Execution

  • Miner Rewards and Incentives

  • Block Reward and Inflation Management

  • Network Incentivization

  • Bonding for Storage Space

  • Economic and Security Measures

  • Adoption and User Incentives

  • Ecosystem Growth and Sustainability

ERC20 MAZZE Token

Prior to the mainnet launch, an ERC20 version of the MAZZE token has been created on the Ethereum network with the same name to initiate a public sale aimed at:

  • Community building

  • Creating awareness for the project

  • Fundraising for development and partnerships

  • Generating liquidity

  • Ensuring accessibility on Decentralized Exchanges (DEXs)

  • Expansion through Centralized Exchanges (CEXs).

Token Distribution

The total supply of 5,000,000,000 MAZZE tokens is allocated as follows:

AllocationPercentage

Ecosystem Development

1,000,000,000

20%

Team Growth

600,000,000

12%

Community Engagement

400,000,000

8%

Marketing Promotion

400,000,000

8%

Sale and DEX Liquidity

2,600,000,000

52%

Vesting

Initially, only the 'Sale and DEX Liquidity' tokens (52%) will be in circulation. The remaining tokens are locked in a vesting contract with a one-month cliff, followed by linear release over 11 months, totaling 12 months for complete release.

Liquidity and Public Sale

  • Liquidity Allocation: 600,000,000 tokens for Uniswap listing.

  • Public Sale Allocation: 2,000,000,000 tokens.

Mainnet Launch and Token Transition

Upon the mainnet launch, 5,000,000,000 MAZZE tokens will be minted in the Genesis block. A one-way bridge will facilitate the conversion of ERC20 MAZZE tokens to native MAZZE tokens on the Mazze blockchain, ensuring a seamless transition for token holders.

Key Details

  • Initial Supply: 5,000,000,000

  • Initial Circulating Supply: 2,600,000,000

  • Max Supply: None (inflationary blockchain model)

  • Inflation Rate: Initial rate of 8.83% per annum, decreasing by a factor of 0.958 quarterly, halving approximately every four years.

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