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DISTRIBUTE (DISTRIBUTE) cryptocurrency Prices, about, Charts, Market Capitalization's and more.

Company details

DISTRIBUTE (DISTRIBUTE)
0.000540 USD (-1.04%)
0.000540 USD
RANK

5104
MARKET CAP

$? USD
VOLUME

$10.88 K USD
Distribute: Token Launch and Reward Distribution Platform for Solana

Launched in March 2024 by a Solana-focused development team, Distribute is a platform that enables users to deploy tokens with built-in reward mechanisms on the Solana blockchain without requiring coding knowledge. The platform handles automated distributions of rewards to token holders while providing real-time analytics and enterprise-scale distribution capabilities.

No-Code Token Deployment

Distribute offers an intuitive interface for launching tokens with built-in reward mechanisms. Users can create and deploy tokens through a straightforward process without writing code, making token creation accessible to non-technical project founders. This democratization of token creation allows more innovators to enter the Solana ecosystem without the traditional technical barriers.

Automated Rewards Distribution

The platform manages reward distributions on a 5-minute cycle, processing transactions automatically regardless of holder count. This system handles the technical complexity of distributing rewards across large token holder bases through a smart scaling algorithm. The automated system functions continuously, ensuring token holders receive their rewards without delays or manual intervention from project teams. TokenStats Dashboard Each project launched through Distribute receives access to a statistics dashboard that displays real-time analytics on holder metrics and distribution data. This transparency tool helps projects build trust with their communities by providing verifiable distribution information. Project teams can monitor holder growth, reward distribution efficiency, and other key performance indicators from a centralized interface.

Integrated Communication Tools

Projects receive a branded Telegram bot that provides automatic notifications about distribution events directly to community channels, keeping token holders informed about reward cycles. These communication tools enhance community engagement by providing timely updates without requiring manual announcements from project teams.

Infrastructure Cost Savings

By sharing infrastructure resources across multiple projects, Distribute significantly reduces operational costs for individual token launches. Projects can avoid substantial expenses related to server costs and private RPC services, with estimated savings of at least $5,000 per launch. This cost efficiency allows smaller projects to compete with larger ones by accessing enterprise-grade infrastructure at a fraction of the typical cost.

Token Economics DISTRIBUTE token functions as the platform's native utility token with several economic mechanisms:

Holder Rewards: 7% of transaction fees collected are distributed to $DISTRIBUTE token holders every 5 minutes, creating a passive income stream for investors Developer Fee: 3% of transaction fees support infrastructure maintenance, operations, and marketing activities to ensure platform sustainability Buyback and Burn Program: 0.25% fee from new token launches is used to purchase and burn $DISTRIBUTE tokens, creating deflationary pressure that potentially supports long-term value appreciation

Referral System Distribute includes a comprehensive referral program allowing community members to earn passive income by referring new projects to the platform:

Referrers earn 0.25% of all rewards collected from transactions generated by their referred projects, creating potentially significant income streams from high-volume projects Referred projects benefit from a 0.25% reduction in platform fees, incentivizing the use of referral links.

Rewards are distributed automatically on the same 5-minute cycle as token holder rewards, ensuring prompt payment without manual processing and no caps are placed on the number of referrals or potential earnings, allowing unlimited growth opportunity

Development Roadmap The development team is currently working on expanding the ecosystem with additional tools for the Solana rewards token space, including a specialized platform for rewards token management similar to existing token launch platforms but optimized specifically for rewards-based tokenomics. These upcoming developments aim to create a comprehensive ecosystem for rewards token creation, management, and growth within the Solana blockchain environment.


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Company information

Added by
cryptohunter
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