$CARTEL Token
The $CARTEL token is our communities-native token created several months after mint to benefit holders through our staking reward system. Earn $CARTEL by staking your NFTs and swap for $SOL on Raydium, backed by the Cartel Liquidity Pool. Irrespective of the inflation and deflation of the token, the price of 1 $CARTEL will always be 1 $CARTEL. Disclaimer: $CARTEL is the utility token that fuels the Cartoon Cartel ecosystem. It is NOT an investment and has NO economic value. Each NFT is able to claim up to 11 $CARTEL tokens per day.

$CARTEL Tokenomics

The $CARTEL token supply & distribution is projected as follows:

Supply

Fixed Total Supply: 99,999,999
Initial Supply: 4,999,999
Initial Liquidity: $100,000 ($CARTEL/SOL Liquidity Pool)
Listing Price: 0.02 USD
Initial Market Cap: $100,000
Fully Diluted Market Cap: $1,999,999
Initial Circulating Supply: 5%

Distribution

Initial Liquidity
5%
Provided to Raydium liquidity pools
Staking Rewards (NFTs)
75%
Linear emmision over 36 months
Marketing & Partnerships
7%
Allocated to promote the Cartoon Cartel brand and partner with other projects in the Solana ecosystem
Liquidity Pool Reserves
3%
Allocated to stabilize the liquidity pool
Team
10%
Vested linearly over 2 years

Staking

Stake your Cartoon Cartel NFTs to earn $CARTEL tokens daily. Swap for $SOL on Raydium, backed by the Cartel Liquidity Pool.

Staking Reward Emissions

Each staked NFT earns 7 tokens / day. Staking rewards will be emitted on a fixed linear schedule over 2.85 years (36 months).
Total Rewards: 74,999,999
Release period: 2.85 Years (36 Months)
Total Rewards / Year: 25,547,445
Total Rewards / Month: 2,128,953
Total Rewards / Day: 69,993

Liquidity Pool

An initial $100,000 of Solana ($SOL) will be used to back the liquidity pool on Raydium which will be paired with 4,999,999 $CARTEL tokens (5% of supply). Swap the $CARTEL you earn staking for $SOL.

Revenue Streams

50% of all Cartoon Cartel NFT secondary sale royalties (3.5% each sale) will be added to the liquidity pool and be used for token buybacks and price stabilization. 50% of all Alien Tech NFT secondary sale royalties (3.5% each sale) will be added to the liquidity pool and be used for token buybacks and price stabilization. 50% of all Cartoon Cartel NFT comic book cover royalties (3.5% each sale) will be added to the liquidity pool and be used for token buybacks and price stabilization. Every future NFT airdrop or collection associated with Cartoon Cartel will also contribute to the LP by adding 50% of the royalties to it. 100% of the profit from Cartoon Cartel merch sales will be added to the LP. Cartoon Cartel Project Incubator/ Launchpad: We plan to help other projects develop and mint their own collections in the future. A % of profits from this would fund the LP (future development). Future revenue streams through our project & brand development will be added to the LP.