Allocation
Token Distribution
The PLYX token supply will be distributed as follows:
During the pre-sale, private sale, and main sale, Playex will sell 21% of all tokens. Tokens assigned to the Team and Advisors will be locked for 5 years with a vesting schedule, while tokens assigned to the Reserve will be locked for 4 years. PLYX holders and Playex users receive a 21 percent reward to effectively incentivize the holders and users of the platform. Playex will offer reward-based competitions and events at regular intervals.
Token Sale Objective
Pre-sale, private sale, and main sale funds raised will only be used for Playex's development, marketing, and benefit. Below is a budget that represents a scenario in which our soft cap has been achieved.
Playex will invest 30% of the funds received obtained towards the development of the Playex platform. 15% of the funds will be used to study new sports technologies and promote the benefits of sports in local communities. The other 15% of money will be used to assure Playex's expansion, operations, and compliance. The remaining 40% will be spent on marketing to attract new clients and keep existing ones.
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