Tokenomics

The marketplace will use the Ethereum network and the ERC-20 token standard. Loot4Pay token (L4P) will serve as the main utility token for the platform. The token will initially be offered through a private sale to raise funds for marketplace development and token implementation. Following the private sale, there will be a public sale and listings on centralized exchanges. It will also be possible to earn L4P through contributing to the project.

*Please note that the tokenomics outlined below are subject to change, and may be revised following negotiations with our first investors. We will update the community as necessary to reflect any changes to the tokenomics or distribution plan for L4P tokens.

Allocation Type	Allocation	Vesting Schedule
Seed Round	9.84%	Locked until 3 months after Centralized Exchange (CEX) Listing. Unlocks each quarter over 2 years.
Strategic Round	0.2%	⅓ unlocked at CEX Listing. ⅓ unlocks each subsequent month.
Private Round	4.96%	To be determined at the time.
Public Launchpad Sale	0.03%	100% unlocked at CEX Listing.
Team	10%	Locked until launch of the token. Unlocks each quarter over 3 years.
Development	10%	Locked until 6 months after CEX Listing. Unlocks each quarter over 3 years.
Marketing	10%	550,000 unlocked at CEX Listing. Remainder locked until 6 months after CEX Listing. Unlocks each quarter over 3 years.
Treasury	15%	Locked until 6 months after CEX Listing. Unlocks each quarter over 3 years.
Ecosystem	40%	666,667 unlocked at Token Generation Event for liquidity pools. Remainder locked until 6 months after CEX Listing. Unlocks each quarter over 3 years.