PAWS: tokenomics analysis.
$PAWS tokenomics — total number of 100 billion tokens (100%):
> 62.5% — current airdrop + future airdrop;
> 12% — ecosystem;
> 10% — team;
> 8% — liquidity;
> 7.5% — airdrop Solana OG;
From the tokenomics we can conclude that:
> the project has allocated a good share of tokens for the airdrop, and the mention that some tokens are allocated for a future airdrop gives us an indication that there will be rewards for active users and holders;
> the number of tokens that are allocated for the current airdrop and future rewards is unknown, as we only have the total amount of tokens;
> the number of tokens for the team is within limits, but we have not received information about blocking and unblocking of the team's tokens, so we cannot know if the team will receive tokens on day 1 of the listing or, for example, will receive tokens a year later.
Usage of $PAWS token:
> there is no specific usage of $PAWS at the moment — there shouldn't be, as $PAWS positions itself as a community token, strong community = high token price;
> it is known for sure that $PAWS token holders will get access to offline events and early access to future product launches;
> the team promises $PAWS airdrops for strong communities with diamond hands, such as holders of 100+ days of $PAWS holdings.
Future of the project:
> challenges, competitions and community activity;
> adding staking and various liquidity pools for $PAWS;
> launching NFT;
> ecosystem grants;
> launching DeFAI products;
> strategic partnerships with leading Solana projects and KOLs.
Positive factors:
> strong Solana community, especially towards memcoins — $PAWS is a perfect fit;
> good pre-launch support from users;
> support from Solana Foundation (as claimed by the team) and major projects on Solana: Meteora, Jito and others;
> collaboration with leading projects Blum, Phantom, WIF, PENGU, DUDE and others.
Negative factors:
> bad situation on the market — trading volumes and user sentiment on Solana dropped a lot;
> $TRUMP, #MELANIA, $LIBRA — absorbed a lot of liquidity from users, many were left without money;
> $PAWS users' sentiment is good, but, as it usually happens, almost everyone will try to sell their tokens in the first time.
Price of $PAWS at pre-market:
> Bybit / Bitget — price per 1 token $0.0005;
> MC at $0.0005 is $50m.
Let's consider 3 scenarios:
> ideal: MC of $300m + - at $0.003 per 1 token;
> normal: MC of $100m — at $0.001 per 1 token;
> bad: MC of $50m — at $0.0005 per 1 token.
$PAWS aims to build a cool and strong community based on the example of $WIF and $PENGU communities, with which $PAWS plans to cooperate.
At the moment $WIF capitalisation is $470m and $PENGU is $400m.
#Bybit, #Bitget and #KuCoin have published official announcements about $PAWS listing, I think that at least #OKX should also make a listing announcement.
#Binance — I agree that listing on this exchange will cause euphoria among users and positive mood, but there are no listing announcements and I don't think there will be any (I will be glad if I am wrong).
If it turns out in reality that $PAWS is partnering with a major market maker Wintermute, then the likelihood of appearing on Binance increases significantly.
I think the $100-300m capitalisation range for a $PAWS listing would be excellent given the poor market conditions.
Of course, I would like a better price, but we must take into account that there will be many users selling — the exact number of tokens allocated to the community is not clear.
I forgot to withdraw the tokens to the exchange, so I will withdraw them to Solana wallet, maybe I will add tokens to staking — it will depend on the price and conditions of staking.
To sell or hold tokens — it's your choice:)
You can join our chat to wait for $PAWS listing together —
t.me/mrsatoshikenMates, do you believe in $PAWS, will you hold $PAWS tokens or sell on TGE?
