Tokenomic
Our inaugural token, $NULL, is set to revolutionize the way assets are launched in the blockchain community. It will be distributed through the FutureHash Lottery, ensuring a completely fair launch without any allocation to the team or VC.
Token Details:
Token name: NULL
Total tickets supply: 10,000-60,000
Total supply: 720,000,000 NULL
The circulating supply: 531,330,000 NULL
Blockchain Platform: Avalanche
The overarching goal of Nullity is to provide a fair launch mechanism for new assets on the Avalanche blockchain. This approach is designed to democratize asset issuance, enabling both project teams and individual users to leverage our platform for their token launches through decentralized governance. Consequently, $NULL will serve as the governance token for the Nullity ecosystem. Beyond governance, $NULL also functions as a utility token, applicable in a variety of future scenarios. This dual role ensures that $NULL will be actively used and consumed, leading to a gradual reduction in its circulating supply over time.
Key Characteristics of $NULL:
100% Fair Launch: Controlled entirely by the community, ensuring equitable distribution and ownership.
Governance Role: Empowers holders to participate in crucial decision-making processes and the future direction of Nullity.
Enhanced Luck Value for Future Minting: Increases the probability of favorable outcomes for token holders in future minting events.
Consumption in Future Minting Processes: $NULL will be utilized in upcoming token creation events, integrating it deeply into the ecosystem.
Buyback Initiatives: Periodic buybacks to regulate supply and add value to the token.
Utility in Future Avalanche Subnets: $NULL is poised to be a significant utility token within upcoming Avalanche subnets, expanding its use cases and relevance.
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