Tokenomics
Overview
FLK is the utility token of the Fleek platform, an AI-powered Fantasy Social app where users create and interact with AI-generated or AI-enhanced content and creator tokens. This document outlines the token's economic structure, distribution, and utility within the Fleek ecosystem.
Token Specifications
Token Name: Fleek
Token Symbol: FLK
Token Type: ERC-20 (Base)
Blockchain: Base (Ethereum Layer 2)
Maximum Supply: 100,000,000 FLK (fixed)
Initial Circulating Supply: 28,000,000 FLK (28% of total supply)
Token Supply, Distribution & Unlock Schedule
The 100 million FLK tokens are allocated as follows:
Team: 20% (20,000,000 FLK)
Vesting Schedule: 3-year linear vesting with 1-year cliff
Backers: 20% (20,000,000 FLK)
Vesting Schedule: 3-year linear vesting with 1-year cliff
Community: 60% (60,000,000 FLK)
The community allocation is divided into four categories:
1. Ecosystem Treasury & Staking Rewards: 20% (20,000,000 FLK)
Unlock Schedule: 20% unlocked at TGE, 80% vests linearly over 2 years
2. CoinList & Liquidity: 20% (20,000,000 FLK)
Unlock Schedule: 100% unlocked at TGE
3. Foundation: 10% (10,000,000 FLK)
Unlock Schedule: 20% unlocked at TGE, 80% vests linearly over 1 year
4. Incentives & Airdrop: 10% (10,000,000 FLK)
Unlock Schedule: 20% unlocked at TGE, 80% vests linearly over 1 year
Token Utility
FLK powers the Fleek ecosystem through three core mechanisms:
1. Creator Token Trading Pair
Creator Token Economy
FLK serves as the exclusive base pair for all creator tokens on the platform
Every Fleek account automatically has an associated creator token
All creator token purchases require FLK
Creator token bonding curves and liquidity pools hold FLK
As the platform and creator tokens grow, more FLK becomes locked in these pools
Note: Creators do not need FLK to launch their tokens. Users and fans use FLK to purchase creator tokens.
2. Staking
Staking Benefits
Earn FLK staking yield
Future platform features & benefits for staking may include:
Enhanced visibility on explore page
Increased feed presence
3. Rewards & Incentives
User Incentivization
Platform activity incentives (ex. tipping, trading, engaging, etc.)
Creator Incentivization
Platform activity incentives (posts, followers, engagement, volume, etc.)
Daily & weekly content contests
FLK Buy Backs
All revenue streams incorporate FLK purchasing/buy backs, with bought FLK returning to the community treasury for continued incentivization and staking rewards, including:
1. Creator Token Trading Fees
Each account on Fleek comes with a token (creator tokens). Creator token trades incur a 2% fee, distributed as follows (subject to change as we collect more usage & cost data):
1.0%: Of every trade goes to covering AI gen costs (allows us to keep the app free)
0.5%: Of every trade goes to the creator
0.2%: Of every trade goes to buying the creator’s token
0.2%: Of every trade goes to buying FLK
0.1%: Of every trade goes to covering gas costs (allows us to provide a better app UX)
2. Creator & Post Tipping (Super Likes)
Tips are distributed as:
60%: Of every tip goes to the creator
20%: Of every tip goes to buying the creator's token
10%: Of every tip goes to Fleek
10%: Of every tip goes to buying FLK
3. Additional Future Revenue Streams
A portion of all future revenue streams will also include FLK buy back mechanisms:
Premium content gating (similar to exclusive content models like OnlyFans)
AI powered fan interactions and experiences (chat, voice & video calls, etc.)
Enhanced generation & content quality
Sponsored posts and brand partnerships
Token Economic Mechanics
Supply and Demand Dynamics
Demand Drivers:
Required for all creator token purchases
Staking for yield & platform benefits
Tipping and social interactions
Supply Constraints:
Fixed maximum supply of 100 million FLK
Multi-year vesting schedules for team and investor allocations
Tokens tied up in creator token bonding curves and liquidity pools
Tokens tied up for staking & platform benefits
Creator Token Integration
The platform's unique structure creates natural FLK demand:
Every user account has an associated creator token
All creator tokens trade exclusively against FLK
5% of each creator token goes into a treasury backing FLK value
Growing user base increases FLK locked in bonding curves, as well as increased trading volume and tips which increases fees and FLK buy backs.
Treasury Replenishment
FLK purchased through fee mechanisms returns to the treasury for:
Continued incentive programs
Contest reward pools
Staking rewards
Ecosystem growth initiatives
Note: Creator token purchases similarly replenish creator-specific pools for fan engagement and creator support.
Additional Information
Tokenomics information serves to help understand the fundamental characteristics of the FLK token, including supply dynamics, distribution mechanisms, and utility within the ecosystem.
This document focuses exclusively on FLK tokenomics. A separate document detailing creator token economics will be published separately.]
Disclaimer
This document describes the intended tokenomics of FLK. Features and implementations may evolve based on platform development, regulatory requirements, and product usage data. Token holders should conduct their own research and understand the risks associated with cryptocurrency tokens.
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