Tokenomics

General Information

Blitz Spectra's native ERC-20 token, $BLZ, was launched through a 'fair' mechanism on Uniswap. This means there was no private sale, no public pre-sale, and no token allocation reserved for the team or influencers. In essence, 100% of the tokens were allocated to the initial Liquidity Pool. Salaries and marketing expenses are funded through buy and sell fees, eliminating the need for a pre-allocated amount of tokens.

Supply & Token Information

• Name: Blitz Spectra

• Symbol: $BLITZ

• Chain: Ethereum Mainnet (ERC-20)

• Total Supply: 1,000,000

• Circulating Supply: 1,000,000

Tax Information

• Marketing Tax: 2% (used for buybacks, key opinion leaders (KOLs), centralized exchange (CEX) listings, and other partnerships)

• Development Tax: 3% (used for servers, development updates, and salaries)

Please note that the distribution of taxes might change in the future. For instance, after completing the near-term development updates (as described in the "Product Development" chapter), less funding may be needed for development, allowing more funds from taxes to be allocated towards marketing. Additionally, no tax will be used for the Revenue Share program, as this initiative will be funded by the profits generated by our platform.