Tokenomics
As part of the transparency of the project we aim to show detailed information of all aspects of the tokenomics so individual investors, partners and the community is aware of our organization's vision.
Token Vision
The vision of ZELF is to introduce an SPL-Token within the Solana ecosystem as a foundational step, with a strategic goal of transitioning to our own main chain network in the future. This token will play a pivotal role in enabling decentralized autonomous organization (DAO) self-governance and establishing a robust incentive structure, critical to achieving universal adoption of self-custody wallets.
The project’s goals regarding the ZELF token are as follows:
Most community tokens will be given in a series of airdrops to individuals who purchase a domain name in Zelf Name Service.
The tokens will be used for protocol governance and product discounts.
The token will form the foundation of the first Network State.
Following the launch, the ZELF DAO will govern the project and work towards progressively decentralizing governance and the ecosystem.
Token Utility
The token will serve the community and the protocol with a few utility features, including a discount Incentive, a Community incentive, and a Governance incentive.
Discounts. If a domain is valued at $100 dollars, token holders will get a 20% discount by purchasing it with the ZNS token. This will encourage an increase in money velocity in the network. In addition, Zelf intends to host an annual conference in which all token holders will receive ticket discounts.
Community. A series of airdrops are planned for all ZNS domain early adopters, scheduled to coincide with the 1st and 2nd anniversaries of the ZNS launch. Other tokens will be allocated to subsidize the domain purchase in developing countries, with the vision of increasing crypto adoption.
Governance. ZNS tokens would need to be stacked to obtain governance votes and participate in Zelf's DAO governance. Participants will be able to vote on different ideas or projects such as i) adding or removing features for ZNS, ii) development of new products under the Zelf ® Brand, iii) R&D budget for new technology and main-net token launch, v) budget on market expansion, partnerships, and exchange listings, etc.
Token Criteria
Table 1.
Tempting ICO Date
June 15th, 2025
Network Information
Zelf (ZNS) is an SPL token on Solana Network.
Token Page
Address: Solana
Token
1 Zelf (ZNS) will be divisible by 8 decimal points. 1 Zelf = 100,000,000 zents.
Total Supply
440M Tokens
Circulating Supply
At ICO, the maximum circulating supply will be 88M ZELF tokens.
Onchain Data
Round of Investments
The following table breaks down the investor type and the different rounds we intend to do until the ICO launch.
Table 2.
Investor Type
Stage
Risk Level
Discount Level
Purpose
Investor Role
Seed Round
Very Early
Very High
Highest Discount
Fund project development
High-risk supporters
Founding Round
Early
High
High Discount
Strengthen project foundation
Early advisors/supporters
Strategic Round
Mid-Late
Lower
Moderate/Low Discount
Secure strategic partnerships
Provide expertise and partnerships
ICO
Late/Final
Lowest
Market-Driven
Widen token distribution and fundraising
General public participation
Zelf Token Allocation
Zelfcoin (ZELF) is a cryptocurrency project co-founded by Johan Castellanos and Miguel Trevino, aiming to bring universal access and self-sovereign through the Zelf Name Service, the world's first wallet to be powered by ZK- Face Proofs™, enabling people and organization from all backgrounds to participate in and give rise to The Network State.
The token distribution and the percentage of the total supply (TS) is outlined on the following table.
Token Distribution
Table 3.
Token Distribution
Description
Percentage
Tokens
DAO Reserve
Most tokens will be allocated for the DAO, the categories for which the funds will be used are:
Ecosystem Development
Developer Grants
Partnerships and Integrations
Bug Bounties and Security Audits
Governance and Ops
DAO Governance Operations
Legal and Regulatory Expenses
Strategic Reserves
Buffer Against Volatility
Emergency Funds
Long-Term Vision
Research
Token buyback
The Zelf DAO will govern the allocation of these tokens, initially in line with its Articles of Organization and subsequently through the DAO once it's launched.
30%
132M
Community
Some of the tokens will be allocated to subsidize ZNS domains for emerging and developing countries. Other tokens will be used for airdrops. In addition, some community incentives like token airdrops to domain holders and staking rewards.
22%
96.8M
Investors
Investors provided funding that enabled Zelf to support the development and pre-launch phase.
20%
88M
Initial Team and Advisors
Verifik is the developing company of Zelf, therefore, this tokens will be allocated to pay for salaries of a number of employees. Zelf will bring a series of advisors.
15%
66M
Marketing
To scale, it is needed a well funded marketing budget.
10%
44M
Exchange Liquidity
During launch, tokens will be needed to bring liquidity to DEX in some of the most well known exchanges.
3%
13.2M
Total
440M
Rounds of Funding
At the ICO, Zelf intends to have no more than 88M ZNS tokens in circulation.
Table 4.
Rounds
Date
Funding
Token Price
ZNS Tokens
Pre-seed
Dec '4
$150k USD
$0.01
15M
Seed I
Jan '15
$100k USD
$0.02
TBD
Series A
TBD
TBD
TBD
TBD
Strategic
TBD
TBD
TBD
TBD
ICO
TBD
TBD
TBD
TBD
Total
88M
Release Schedule
The following graph plots the estimated release schedule of the tokens over a 7-year time frame.
Table 5.
Token Distribution
Percentage of Total Supply
Tokens
Release Schedule
DAO Reserve
30%
132M
1-year cliff release of 22M tokens | Weekly vesting for 5 years
Community
22%
96.8M
1-year Airdrop of 40M tokens 2-year Airdrop of 30M tokens
Other tokens for community build up in developing countries
Investors
20%
88M
Released at ICO
Pre-Seed = 25% Seed = 15% Weekly vesting for 18 months Series = 0% Strategic = 0% 1 month cliff after ICO | Weekly vesting for 18 months
Initial Team and Advisors
15%
66M
1-year cliff of 16.5M Tokens | Weekly vesting for 3 years
Marketing
10%
44M
6 month cliff after ICO
Exchange Liquidity
3%
13.2M
At ICO, locked out exclusively for DEX liquidity
Total
440M
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