PICNIC is the utility token of the Picnic Network. Used to pay fees for any activity on the network including minting BASKET tokens. PICNIC democratises the fund through its dual purposes of Utility and Governance.
Initial circ supply: 5M PICNIC (1% of total supply)
Average seed sale price: $-- USD
Total amount raised: $-- USD
IDO sale supply: 45M PICNIC (9% of total supply)
IDO listing price: $-- USD
Total amount raised: $-- USD
UNISWAP sale supply: 100M PICNIC (20% of total supply)
IDO listing price: $-- USD
Total amount raised: $-- USD
Seed sale: Initial market cap $-- USD
(fully diluted market cap $-- USD)
IDO: Initial market cap of $-- USD
(fully diluted market cap $-- USD)
In the seed round Picnic Network is only raising the funds necessary to bring the product to market.
Development
liquidity
exchange listings
marketing
Initial Divisibility: One PICNIC token can be divided down to 3 decimal places. Therefore, 0.001 PICNIC is the smallest amount that can be handled in a transaction. This is open to governance should the community wish to modify the protocol.
Rounding Policy: Any funds 'left over' as a result of rounding will be contributed to the BASKET fund in order to benefit everyone.
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