BigMarket Token Sale Philosophy
Sale Mechanics
BigMarket Proof of Use Sale & Distribution
This document is a work in progress - final version will include voting on proposals from early community contributors.
📌 Overview
BIG Tokens are claimed in exchange for contributions to the project. Contributions can involve providing liquidity (re a normal token sale) but they are formally exchanged for for our participation token BIGR.
See Reputation & Rewards for a full overview of how the reputation token is earned and distributed and exchanged for BIG.
The BigMarket DAO Governance (BIG) Token will be distributed in multiple stages to fund the ecosystem and provide governance access to early supporters.
Blockchain: Stacks L2
Token Standard: SIP-010 Fungible Token
Total Supply: 10,000,000 BIG
Decimals: 6
Token Utilities:
Dispute Resolution
Governance
🚀 IDO Sale Mechanics
1
$30,000
$0.05
600,000
2
$50,000
$0.06
833,333
3
$75,000
$0.07
1,071,429
4
$100,000
$0.08
1,250,000
5
$150,000
$0.10
1,500,000
6
$200,000
$0.20
1,000,000
Total Raised: $605,000
Total Tokens Sold: 6,000,000 BIG
Vesting: tokens are minted directly but transfers are locked until DAO unlocks
Note: locking the transfer of the bdg-token allows two things;
enables immediate voting/utility e.g. to resolve market disputes
prevents tokens being dumped during sale period
🔐 Team & Advisor Vesting Schedule
Community/IDO
60%
6,00,000 BIG
According to sale stages
Operations
15%
1,500,000 BIG
1-year cliff, 2-year linear vesting
Treasury
25%
2,500,000 BIG
Controlled by governance
Team & Council Vesting Details:
1-Year Cliff: No tokens unlocked in the first year.
Linear Release Over 2 Years: Gradual release of tokens every month over the next 24 months.
This approach ensures long-term alignment with the project’s vision and prevents immediate token dumping.
Token Contract
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