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#SafeElon Tokenomics: 1% Burn of each transaction, 1% of each transaction paid out to existing token holders on a % basis, 3% of each transaction placed into the Tesla Pool.
Each time the Tesla Pool reaches 20 ETH equivalent, they conduct a drawing among all token holders and give away a new Tesla. But here’s where it gets even more interesting…
Let’s keep it simple. 100 Days, 10M in volume each day, an increase in token price of .005 per day and 100M tokens held consistently by, let’s call them “Group One”. (They don’t buy or sell any additional tokens for 100 days)
Day One: 100M tokens held by Group One. (25.76% of all tokens outstanding) Price at .015. Value of Group One tokens collectively = $1,500,000.
Day Two: With 1% paid out from prior day, Group One token count is now 101,717,407 (26.32% of all tokens outstanding) Price at .020. Value of Group One tokens = $2,034,348.
Day 30: Group One now has 114,103,981 total tokens. (30.50% of all tokens outstanding). Price is at .16, Value of Group One tokens = $18,256,637. So with the 1% payout and 1% burn, the price has increased 10fold, but the value of Group One’s tokens has increased 11.41X.
Day 100: Group One now has 121,540,216 tokens or 33.15% of all outstanding. Price is at .51. Total value of Group One tokens = $61,985,510 or 38.74X from 100 days prior.
OBSERVATIONS: With the 1% payout and the 1% burn, Group One increases their overall percentage of tokens outstanding from 25.76% to 33.15% without buying a single token.
After 100 days, the price goes up 32X; the value of Group One’s tokens goes up 39X simply by holding and doing nothing else.
At this pace, #SafeElon would also be conducting a drawing for a new Tesla at least once per day.
At this pace, #SafeElon would also be conducting a drawing for a new Tesla at least once per day.
I personally think that once this hits CMC and CG, it will far out perform the numbers depicted above. Either way, we are early and this one is like no other. Now's the time...
