Freedom Blog

FDM Explained: An Overview of the FDM Tokenomics

CH_COVER_01

 

As the native utility token of the Freedom Ecosystem, the FDM token facilitates everything from decentralized governance of its platforms to secure transactions across our expanding suite of services. Beyond the token's practical use cases, FDM also features clear and transparent tokenomics, which is better understood by breaking down the token structure to learn how FDM drives the Freedom ecosystem forward.

First, let's take a look at the numbers.

FDM Token Supply and Allocation

CH_COVER_02

 

The total supply of FDM tokens is 2.25 billion. Here’s how they are allocated:

  • 37% (840 million) allocated for major initiatives to drive the growth of the ecosystem, including through partnerships, investments, and future expansions.

  • 33% (750 million) earmarked for community and ecosystem operations, which will ensure continued support throughout the ecosystem with smooth and seamless user experience across the platforms.
  • 27% (600 million) allocated for the people behind the magic. They include management, employees, contributors and the advisors that make the ecosystem work.

  • 3% (60 million) set aside for the Bitazza Freedom Fund, which will cover our involvement in global impact initiatives, and maintain the well-being of the overall ecosystem.

FDM Token Dashboard

CH_COVER_03

 

As of the latest update (15 October 2024):

  • FDM Price: $0.021211

  • Max Supply: 2,250,000,000 FDM

  • Circulating Supply: 373,205,020 FDM

  • Market Cap: $7,915,678

  • Fully Diluted Valuation: $31,739,282

For more detailed insights, you can view the FDM Token Contract Address: 0x60d91f6d394c5004a782e0d175e2b839e078fb83

 

FDM Token Release

CH_COVER_04

 

FDM follows a token release schedule to maintain a balance between supply and demand, fostering stability and sustainable growth within the ecosystem. The FDM release schedule also takes into account the growing utility of the token as more services, products, and use cases are introduced over time. By June 2024, approximately 373,205,196.25 FDM tokens had been released into circulation.

For more information about FDM and its tokenomics, you can read the full FDM Whitepaper 3.0 here: https://public.freedom.world/fdm_assets/fdm_whitepaper_3.0.pdf 

Explore and start your journey with FDM tokens on Bitazza: https://bitazza.onelink.me/YsZ4/xua047tn