> For the complete documentation index, see [llms.txt](https://docs.respct.club/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.respct.club/information/token-economics/creator-token.md).

# Creator Token

**ICCO** → **Initial Creator Coin Offering**

**Total Supply → 10M (fixed)**

**ICCO → 10% of Total Supply → 1,000,000**

* Holding Creator → 10% of ICCO → 100,000 (**fixed)**
* Airdrop → 5% of ICCO → 50,000 **(can increase)**
* Liquidity Provider / Farm Pool → 15% of ICCO → 150,000 **(can increase)**
* Public Sales → 70% of ICCO → 700,000 → (**Can be lower or same/ open for sale)**

**Other Details**

* Public sales will take place against $respct token.
* The pricing for the same will be decided upon mutual concensus between the creator and [respct.club](http://respct.club) based on the amount that needs to be raised.
* We ought to burn some $respct token when the sales occur. (to be worked upon)
* Based on the sales price the Liquidity farm will be blocked for creator-respct LP

**Vesting Period (5.5 Years) →60 months + 6 months cliff**

1. 1.5% of Total Supply Every Month after first six months → 150,000
   1. Airdrop coin holders
   2. Mods salary
   3. LP
   4. Sell in open market
   5. Engagement Rewards (Working on the details)
   6. Holding
   7. Others

**Creator DAO**

The periodic drop of 150,000 tokens will be governed by the dao and every month voting will be held by the creator to understand how the token hodlers want the tokens to be used. The above given option could be used by the creator or more can be added as per their will. This DAO will help creator run the economy and keep users engaged.

### Use of Tokens

1. DAO governance
2. Metaverse Club
3. Exclusive Content
4. Annual Meetup
5. Sale of Merchandise
6. Ticket to shows!!
7. Exclusive streams!
8. Share of their earning!
   1. monthly $20,000
   2. 10% of monthly —> Hodlers —> $200

* **FORM Creator Token**
  1. Symbol
  2. Name of Token
  3. Number of Coins in LP
  4. Number of Coins in Airdrop
  5. Number of Coins in ICO
  6. Number of Coins Holding (FIXED)

Sell their video as NFT

1. NFT sales amount can be distributed proportionately amongst the users for hodling their coin.
2. The ad revenue of this video NFT from the point of sales will be given to the buyer!

Liquidity Provision?

Vesting Period?