What is a Token Allocation
Learn about token allocation in Homnifi Ramp Starter. Discover how tokens are distributed and managed to optimize project success and ensure fair participation in blockchain ecosystems.
Token allocation is akin to dividing a pizza into slices. When a new project launches, they create their own unique tokens, much like slices of pizza. Instead of consuming these tokens, people receive them as a means to participate in the project. Token allocation essentially determines how many slices of the pizza (or tokens) each person receives, ensuring that everyone has a piece and can contribute to the project.
In WalleK, obtaining a slice of this metaphorical pizza (or launchpad allocation) requires a strong PPPP score. The PPPP ratio plays a crucial role for users aiming to secure an allocation in the launchpad token sale. The higher the PPPP ratio, the greater the allocation potential. Stay tuned for a detailed explanation on allocation in the upcoming sections.
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