Introducing TorusToken: A Meme Coin with Purpose, Tokenomics, and Roadmap

TorusToken ($TO) is a groundbreaking meme coin with a mission to make a real impact in the world. With a unique focus on tokenomics, rewards for holders, and a commitment to helping those in need, TorusToken aims to set itself apart from other meme coins. In this Medium article, we’ll dive into the tokenomics of TorusToken, as well as outline our ambitious roadmap for the project.

Tokenomics:

TorusToken has a total supply of 200 billion tokens. The token allocation is as follows:

5% (10 billion tokens) for private sale

• The 5% allocation for private sale (10 billion tokens) is a strategic move to accelerate the development of TorusToken. This sale is aimed at early supporters and strategic partners who believe in our vision and are committed to the long-term success of the project. The funds raised from this private sale will provide us with the necessary resources to expedite our development efforts, strengthen our marketing outreach, and bolster our project’s overall growth. It’s an exciting step forward for us, showing confidence in our project while offering early supporters a chance to be a part of our journey right from the outset.

45% (90 billion tokens) for presale and public sale

• Funds raised will be used for project development, marketing, and other essential expenses.

20% (40 billion tokens) for liquidity provision

• These tokens will be locked in liquidity pools for 3 years to ensure stability in the token’s value and to maintain a healthy trading environment.

15% (30 billion tokens) for marketing and promotions

• These tokens will be allocated to marketing campaigns, promotions, and partnerships with influencers to spread awareness and grow the project’s community.

10% (20 billion tokens) for team and advisors (vested over 2 years)

• These tokens will be vested over 2 years and distributed to the project team and advisors as an incentive for their contributions to the project.

5% (10 billion tokens) for future development and partnerships

• These tokens will be reserved for future development, strategic partnerships, and potential collaborations with other blockchain projects.

Transaction Tax

For every transaction made with TorusToken, a 6% tax is applied. This tax is distributed as follows:

• 2% is redistributed back to the holders.
• 2% is contributed to the liquidity pool to create a stable price floor.
• 1% is used for marketing and promotional activities.
• 1% is used to fund the charity platform, supporting our mission to make a positive impact in the world.

This tax ensures that every transaction contributes to the growth and stability of TorusToken, while also supporting our community and our chosen charities.

Roadmap:

Q2 2023:

• Project inception and development of TorusToken
• Setting up social media presence and community building
• Writing and publishing Medium articles and whitepaper
• Launching a private sale (Live from 2023–05–15 to 2023–05–19)
• Finalizing tokenomics with a private sale included
• Assembling a strong and dedicated team

Q3 2023:

• Preparing for and launching presale (Soft cap: $200,000)
• Establishing partnerships with influencers and other meme tokens
• Hiring additional developers and expanding the team
• Token staking development
• Initiating marketing campaigns and promotional activities
• Listing on decentralized exchanges (e.g., Uniswap, PancakeSwap)
• Community voting on important decisions (e.g., renouncing contract ownership)

Q4 2023:

• Launching public sale
• Integration with selected charities and transparent donation process
• Developing and launching the charity platform
• Expanding token holder rewards program
• Pursuing partnerships with crypto wallets and exchanges
• Listing on centralized exchanges
• Launching TorusToken mobile app

Charity Platform Integration: One of TorusToken’s core missions is to make a real impact in the world by supporting various charitable causes. In Q4 2023, we plan to integrate our charity platform, which will allow token holders to contribute to selected charities directly through the TorusToken ecosystem. This platform will provide a transparent and efficient donation process, ensuring that contributions make a meaningful difference to those in need. Moreover, we aim to collaborate with charities that focus on providing clean water, food, and other essentials to underprivileged communities, in line with our commitment to making a positive impact.

Q1 2024:

• Community events and giveaways
• Further development of TorusToken ecosystem
• Exploring additional use cases for TorusToken
• Collaborations with other blockchain projects
• Regular updates and improvements to the TorusToken platform
• Assessing and implementing feedback from the community