To summarize the project of Little Piggy in a few words, it is inherently "a new way of living". The mission is to introduce a new way of living to the participants of Little Piggy, in both reality and Metaverse.
We call this lifestyle the "Little piggy way of living".
The Project of Litty piggy is diversified with an array of projects including NFT, token, Defi, Game-fi, Metaverse, public chain and concept store, etc. Our target is to create our own culture, attitude, brand and an unre-strained worldview through blockchain, allowing participants to join different parties, livie in a new world with other piggies, and reach their full potential.
LPG will provide 62% of the total volume.
12,400,000,000 tokens will be circulated in the market, the public can trade Little Piggy tokens on decentralized platforms such as Pancakeswap, Uniswap, and Raydium.
The usage of circulating tokens also involves earlybird community exclusive offers, Play-to-earn (P2E), Little Piggy public chain mining fee (gas fee), quarterly token burning overseen by a fair protocol, transaction, Decentralized Autonomous Organization (DAO), and Non-Fungible Tokens (NFTs).
4,400,000,000 tokens will be divided into 7 components among the team, held by early members on technical support, game financialization (Gamefi), and non-fungible tokens (NFT) development.
The token of the development team of Little Piggy will be locked-up for a period of 3 years, and will be released gradually based on the annual account day.
1st annum: 20% of the token will be released
2nd annum: 35% of the token will be released
3rd annum: 45% of the token will be released
Tokens held by the early developmental team cannot be used in Decentralized Autonomous Organization (DAO) to ensure the execution of the decentralized voting and motion systems.
Part of the developmental blueprint aims to conserve the balance of the ecosystem and give back to the society. These tokens are issued by the project developer, and the Decentralized Autonomous Organization (DAO), as an annual proposal, will determine the allocation of the conservation charitable fund. This is a charity done by the entire Little Piggy community.
The project encryption mechanism will be announced in the second year after launching. Please stay tuned.
LITTLE PIGGY TOKEN
The Little Piggy token has a vital role in promoting its metaverse, as the token will be widely applied in all of Little Piggy's projects. Holders of LPG could suggest feedback to our system, and more details can be found GOVERNANCE.
Besides, players in our Game-fi can also earn LPG in the game and use LPG to buy gaming items. They can also swap money inside crypto exchange, executing the "play-to-earn" function.
At the initial stage of LPG, there will be an airdrop function. If one possesses a certain amount of Piggy NFTs, they will receive an airdropped LPG. In our total volume of LPG, 62% of it will be issued for public offering.
LITTLE PIGGY TOKEN BURNING
LPG has the function of token burning. The developer will burn a quantity of token at specific points in time in order to motivate LPG investors.
In assumption that the percentage of burned tokens is 5% for the first year, and the transaction volume of LPG in its first quarter is 1,000,000, the quantity of tokens burned will be:
The transaction volume of LPG in the quarter × percentage = Quantity of burned tokens 1,000,000 × 5% = 50,000
The total initial supply of LPG is 20,000,000,000 tokens, and the quantity will decrease via token burning. The burning of token will commence two years after the launching of LPG tokens, and it will come to a halt once it falls to 33% of the total supply.