$TIMB Token
$TIMB: Empowering Timbuktu DAO Governance
1. Introducing $TIMB ($TIMB: The Heartbeat of Decentralization)
$TIMB is the native governance token of Timbuktu DAO, designed to empower the community and drive decision-making within our decentralized ecosystem.
2. The Role of $TIMB (Empowering Community Decision-Making)
$TIMB plays a pivotal role in Timbuktu DAO:
Governance: $TIMB holders have voting rights, enabling them to shape the platform's future, propose changes, and decide on critical matters.
Community Benefits: Owning $TIMB grants access to exclusive events, courses, and discussions, fostering a vibrant and engaged community.
Community Rewards: $TIMB incentives the community members to contribute to the Timbuktu economy.
3. Details of Tokenomics
Total Supply: $TIMB has a fixed supply of 250,000,000, ensuring scarcity and long-term value.
Distribution: Token distribution is divided into Community Rewards, Team and advisors, Ecosystem Development and Proposal Execution, Future Funding, Timbuktu City (Network State), Initial DAO Offering, and Liquidity to ensure fair access and community involvement.
Community Rewards: Timbuktu DAO allocates 15 percent of tokens to reward community contributors, educators, and early adopters.
Team & Advisors: 10 percent of the total supply of $TIMB is assigned to paying the team and advisors.
Team & Advisors: 10 percent of the total supply of $TIMB is assigned to paying the team and advisors.
Team & Advisors: 10 percent of the total supply of $TIMB is assigned to paying the team and advisors.
Proposal Execution: 25 percent of the token supply is for education activities, proposal execution, and ecosystem development.
Future Funding: Another 10 percent is for funding the future of educational agendas and other needs.
Timbuktu City (Network State): 20 percent of the supply is for building the Network State of Timbuktu
Fundraising: We will raise funds with 10 percent of the total supply of $TIMB tokens.
Liquidity: Another 10 percent will go into liquidity on the various DEX we will list $TIMB.

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