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Tokenomics

What is the $MATEICO Token?

The $MATEICO token is a key element of the Mateico ecosystem, playing a crucial role in creating a dynamic and harmonious environment for artists, creators, and investors. $MATEICO is a utility token. Its main function is to provide users with access to various services and features on the Mateico platform. This token enables transactions, supports artists, facilitates participation in NFT auctions, voting in talent shows, and influencing decisions regarding platform development. Users utilizing $MATEICO can also access exclusive content and participate in loyalty programs. As a versatile tool within the Mateico ecosystem, $MATEICO performs the typical functions of a utility token, with its value stemming from its applications on the platform.

Basic Information

Blockchain: Avalanche
Standard: EVM
Model: Deflationary
Maximum Supply: 500,000,000
Maximum Supply after burning: 300,000,000
Initial Price: 0.1 USD

What is the $MATEICO Token?

The $MATEICO token is a key element of the Mateico ecosystem, playing a crucial role in creating a dynamic and harmonious environment for artists, creators, and investors. $MATEICO is a utility token. Its main function is to provide users with access to various services and features on the Mateico platform. This token enables transactions, supports artists, facilitates participation in NFT auctions, voting in talent shows, and influencing decisions regarding platform development. Users utilizing $MATEICO can also access exclusive content and participate in loyalty programs. As a versatile tool within the Mateico ecosystem, $MATEICO performs the typical functions of a utility token, with its value stemming from its applications on the platform.

Basic Information

Blockchain: Avalanche
Standard: EVM
Model: Deflationary
Maximum Supply: 500,000,000
Maximum Supply after burning: 300,000,000
Initial Price: 0.1 USD

Token Allocation

Team: 67 500 000
Marketing & Partners: 65 000 000
Listing: 15 000 000
Foundation: 10 000 000
Token Sale: 187 500 000
Rewards for community: 20 000 000
Rewards for artists: 30 000 000
Augmented Reality: 15 000 000
Metaverse: 10 000 000
Staking: 70 000 000
Reserve: 10 000 000

Check out the audit of our smart contract!

Check out the audit of our smart contract!

Token Allocation

Team: 67 500 000
Marketing & Partners: 65 000 000
Listing: 15 000 000
Foundation: 10 000 000
Token Sale: 187 500 000
Rewards for community: 20 000 000
Rewards for artists: 30 000 000
Augmented Reality: 15 000 000
Metaverse: 10 000 000
Staking: 70 000 000
Reserve: 10 000 000

Token sale

Token sale

Token Utility

Transactions, Fees, and Purchases

The $MATEICO token serves as the primary currency on the Mateico platform. Users can use the token to purchase artworks, participate in auctions, and support their favorite creators. It is a tool that allows for smooth and secure transactions within the ecosystem.

Supporting Artists

Collectors and fans can support their favorite creators through donations in $MATEICO tokens. This allows artists to receive direct compensation for their work, while fans actively participate in the development of their creativity.

Access to Exclusive Content and Features

Holders of $MATEICO tokens have access to exclusive content and features on the platform, such as limited edition artworks and special events. This token opens doors to unique opportunities on the platform that are not available to regular users.

Participation in Auctions and Sales

The $MATEICO token enables users to participate in auctions, where they can bid on unique artworks. Artists can sell their works through auctions, maximizing their value. Additionally, $MATEICO is used to create and sell NFTs (Non-Fungible Tokens), allowing artists to register and sell unique artworks in digital form.

Voting in Competitions and Talent Shows

The $MATEICO token allows users to participate in voting on the Mateico platform, giving them direct influence over the outcomes of talent shows, such as M-Show, and other art contests. Users can cast votes for their favorite artists, supporting them in the competition for the win, thereby shaping the outcomes of artistic events.

Participation in Platform Decisions

The $MATEICO token also allows users to participate in voting on future decisions on the platform. Mateico emphasizes decentralization and wants the community to have an impact on the platform’s development. Users can vote on new features, events, and initiatives, actively participating in shaping the platform’s future.

Token Utility

Transactions, Fees and Purchases

The $MATEICO token serves as the primary currency on the Mateico platform. Users can use the token to purchase artworks, participate in auctions, and support their favorite creators. It is a tool that allows for smooth and secure transactions within the ecosystem.

Supporting Artists

Collectors and fans can support their favorite creators through donations in $MATEICO tokens. This allows artists to receive direct compensation for their work, while fans actively participate in the development of their creativity.

Access to Exclusive Content and Features

Holders of $MATEICO tokens have access to exclusive content and features on the platform, such as limited edition artworks and special events. This token opens doors to unique opportunities on the platform that are not available to regular users.

Participation in Auctions and Sales

The $MATEICO token enables users to participate in auctions, where they can bid on unique artworks. Artists can sell their works through auctions, maximizing their value. Additionally, $MATEICO is used to create and sell NFTs (Non-Fungible Tokens), allowing artists to register and sell unique artworks in digital form.

Voting in Competitions and Talent Shows

The $MATEICO token allows users to participate in voting on the Mateico platform, giving them direct influence over the outcomes of talent shows, such as M-Show, and other art contests. Users can cast votes for their favorite artists, supporting them in the competition for the win, thereby shaping the outcomes of artistic events.

Participation in Platform Decisions

The $MATEICO token also allows users to participate in voting on future decisions on the platform. Mateico emphasizes decentralization and wants the community to have an impact on the platform’s development. Users can vote on new features, events, and initiatives, actively participating in shaping the platform’s future.

Loyalty Programs and Rewards

The $MATEICO token is also used in loyalty programs on the platform, where users can earn tokens for various forms of engagement, such as platform activity, voting, promoting creators, or participating in events. Higher ranks and engagement can unlock additional privileges and rewards for users, further motivating interaction with the platform.

Investing in Art Projects, Events and Artists

Investors looking to support innovative art projects can use the $MATEICO token to finance various creative initiatives. Mateico provides the opportunity to invest in, for example, documentary film productions aired on Mateico Player, the organization of events such as concerts, or supporting musical artists in releasing albums and organizing concert tours. Investors also have the chance to participate in profits from selling access to, for example, music albums, films, or other forms of project commercialization, contributing to the development of creative ventures and sharing in their success.

Loyalty Programs and Rewards

The $MATEICO token is also used in loyalty programs on the platform, where users can earn tokens for various forms of engagement, such as platform activity, voting, promoting creators, or participating in events. Higher ranks and engagement can unlock additional privileges and rewards for users, further motivating interaction with the platform.

Investing in Art Projects, Events, and Artists

Investors looking to support innovative art projects can use the $MATEICO token to finance various creative initiatives. Mateico provides the opportunity to invest in, for example, documentary film productions aired on Mateico Player, the organization of events such as concerts, or supporting musical artists in releasing albums and organizing concert tours. Investors also have the chance to participate in profits from selling access to, for example, music albums, films, or other forms of project commercialization, contributing to the development of creative ventures and sharing in their success.

Vesting / Voting / Staking

Vesting

Project development guarantee.

Vesting ensures protection against market manipulations in the initial, critical phases of the development of the project. Nearly all tokens from pre-sales will be subject to the vesting process. This means that investors will be unable to freely use them directly after purchase. It will be possible only after the conditions for autonomic smart contract are met. Investors will have constant insight into their balance after adding an address of a contract to their portfolio. Tokens assigned to the team members will be locked for as long as 4 years (48 months).

Voting

Democratic community.

Voting ensures democracy when decisions are taken regarding voting during talent-show, in the contest gallery and during surveys created by artists who hold an account in Mateico. Owners of tokens will also be able to participate in the decision-making process and voting related to the Mateico project and the direction of its development. To cast your vote, you do not have to make any transaction – a signature with a key of a given address is sufficient.

Staking

Rewarding loyalty.

From the technological point of view, this program will protect operation of the network. Users who decide to participate in the program, will be awarded with, e.g., reduction of the commission for using the Mateico portal. An additional incentive will be the ability to increase the voting power through appropriate monthly remuneration proportional to shares. Thanks to the Claim2stake function, it will be possible to transfer tokens exempted from Vesting to a Staking contract in a single transaction.

Token Burn Events

As part of our long-term development plans, we intend to conduct a burn of a portion of the $MATEICO tokens. This process aims to reduce the number of tokens available on the market. We will provide details about this process at the appropriate time to ensure transparency and full understanding for our community. Token burning is an important step in our strategy to achieve a sustainable ecosystem that benefits both our users and the entire Mateico community.

NFT

As a platform aimed at creating a comprehensive and dynamic ecosystem for artists, creators, and investors, Mateico supports both types of NFTs (non-fungible tokens). Our platform will enable the creation, transactions, and collection of NFTs based on both the 721 and 1155 standards. This means that both unique, single-copy items and multi-property NFT collections will find their place on Mateico. This opens the door to creativity and innovation, underlining our commitment to providing versatile support for the artistic and investor communities.

Vesting / Voting / Staking

Vesting

Project development guarantee.

Vesting ensures protection against market manipulations in the initial, critical phases of the development of the project. Nearly all tokens from pre-sales will be subject to the vesting process. This means that investors will be unable to freely use them directly after purchase. It will be possible only after the conditions for autonomic smart contract are met. Investors will have constant insight into their balance after adding an address of a contract to their portfolio. Tokens assigned to the team members will be locked for as long as 4 years (48 months).

Voting

Democratic community.

Voting ensures democracy when decisions are taken regarding voting during talent-show, in the contest gallery and during surveys created by artists who hold an account in Mateico. Owners of tokens will also be able to participate in the decision-making process and voting related to the Mateico project and the direction of its development. To cast your vote, you do not have to make any transaction – a signature with a key of a given address is sufficient.

Staking

Rewarding loyalty.

From the technological point of view, this program will protect operation of the network. Users who decide to participate in the program, will be awarded with, e.g., reduction of the commission for using the Mateico portal. An additional incentive will be the ability to increase the voting power through appropriate monthly remuneration proportional to shares. Thanks to the Claim2stake function, it will be possible to transfer tokens exempted from Vesting to a Staking contract in a single transaction.

Token Burn Events

As part of our long-term development plans, we intend to conduct a burn of a portion of the $MATEICO tokens. This process aims to reduce the number of tokens available on the market. We will provide details about this process at the appropriate time to ensure transparency and full understanding for our community. Token burning is an important step in our strategy to achieve a sustainable ecosystem that benefits both our users and the entire Mateico community.

NFT

As a platform aimed at creating a comprehensive and dynamic ecosystem for artists, creators, and investors, Mateico supports both types of NFTs (non-fungible tokens). Our platform will enable the creation, transactions, and collection of NFTs based on both the 721 and 1155 standards. This means that both unique, single-copy items and multi-property NFT collections will find their place on Mateico. This opens the door to creativity and innovation, underlining our commitment to providing versatile support for the artistic and investor communities.