Tokenomics

Token Overview:

  • Token Name: $BET

  • Purpose and Utility: The $BET token functions as the currency, in the Fit 0x ecosystem to allow users to join fitness challenges, place bets and receive rewards. It serves as a reward system to encourage a lifestyle and promote community involvement.

Token Distribution:

  • Total Supply: 1,000,000,000 $BET

  • Allocation Breakdown:

    • Team: 6% (60,000,000 $BET) Locked for 2 months (in-case marketing/development funds are needed) + extension after 1 month, followed by a 24-month vesting period to align incentives with long-term success.

    • Marketing: 4% (40,000,000 $BET)

    • Uniswap Liquidity: 90% (900,000,000 $BET) Distributed through challenges, referrals, and loyalty programs to incentivize participation and engagement.

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