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GOFX Tokenomics

GOFX Token Distribution



Token Allocation Breakdown

  • Reserve: 30% (210,000,000 GOFX) A portion of this is to provide liquidity on DEXs on chain to support the ecosystem - 2 year lockup then 10% quarterly unlocks. Quarterly unlocks begin January 1st, 2024.
  • Ecosystem: 25% (175,000,000 GOFX) - 5% quarterly unlocks for partnerships and market expansion with other protocols. Quarterly unlocks begin Nov 2021.
  • Team: 20% - 140,000,000 GOFX - 1 year lockup with 3 year vesting (Started Nov 2022)
  • Advisors: 3% - 21,000,000 GOFX - 1 year lockup with 3 year vesting (Started Nov 2022)
  • Seed: 10.5% - 73,500,000 GOFX - 15% of this allocation is unlocked at TGE + 3 month lockup with 18 months vesting for residual 85% (Fully unlocked as of Aug 2023)
  • Liquidity: 10.5% - 73,500,000 GOFX - 2% for IDO/IEO and GOFX market liquidity
  • Early Adopter Rewards: 1% - 7,000,000 GOFX - Alpha & Beta Tester Rewards and Bug Bounties (Unlocked) Updated: 11/01/2023

GOFX Token Information

The native digital cryptographically-secured fungible token of the GooseFX platform (ticker symbol GOFX) is a transferable representation of attributed governance and utility functions specified within the GooseFX platform.
GOFX is a functional utility token which provides the economic incentives which will be distributed to encourage users to contribute to and participate in the ecosystem on the GooseFX platform, thereby creating a mutually beneficial system where every participant is fairly compensated for its efforts. GOFX is an integral and indispensable part of the GooseFX platform, because without GOFX, there would be no incentive for users to expend resources to participate in activities or provide services for the benefit of the entire ecosystem on the GooseFX platform. Given that additional GOFX will be awarded to a user based only on its actual usage, activity and contribution on the GooseFX platform and/or proportionate to the frequency and volume of transactions, users of the GooseFX platform and/or holders of GOFX which did not actively participate will not receive any GOFX incentives.
GOFX does not in any way represent any shareholding, participation, right, title, or interest in the Company, the Distributor, their respective affiliates, or any other company, enterprise or undertaking, nor will GOFX entitle token holders to any promise of fees, dividends, revenue, profits or investment returns, and are not intended to constitute securities in Singapore or any relevant jurisdiction. GOFX may only be utilised on the GooseFX platform, and ownership of GOFX carries no rights, express or implied, other than the right to use GOFX as a means to enable usage of and interaction within the GooseFX platform.
The GooseFX Platform token has not been minted yet. Please be aware of scams. The GooseFX Discord, Twitter, and website are the only places for accurate project information regarding token markets and minting.