Topauct
In a groundbreaking move within the cryptocurrency space, Topauct has introduced a unique auction-based digital asset built on the Polygon blockchain. The core concept behind Topauct is to empower cryptocurrency holders to engage in transactions with the flexibility to determine their profits through an innovative auction mechanism. This approach allows users not only to create auctions but also to buy and resell others, fostering a dynamic ecosystem within the dedicated trading platform.
Topauct initiates its journey with a liquidity pool starting at $130,000, proportionate to the available tokens. The development team is committed to scaling the pool in alignment with the token supply, aiming for a cap of $5,000,000. The total number of tokens set for the initial sale is a staggering 9,000,000,000,000,000 TOPA, distributed across three distinct phases.
The initial sale phases are crucial milestones in Topauct’s launch strategy. Post the completion of all three phases, the token gets listed on Quickswap, marking the creation of the liquidity pool. Importantly, all capital raised during the initial sale is securely locked within the liquidity pool, establishing a foundation for the token’s market presence.
Topauct strategically prices its tokens during the initial phases, with the starting price set at $0.0000000005. Phases 1 and 2 incorporate bonus calculations, resulting in reduced token prices of $0.000000000485 and $0.000000000495, respectively. Phase 3 sees the token priced at $0.0000000005. These multi-phased pricing strategies aim to optimize early-stage engagement and community participation.
To maintain the token’s value and avert abrupt price drops, Topauct refrains from immediate market listing. Post the completion of the sales phases, the token enters the market, ensuring a balance between value and liquidity.
Token Sales Phases Timeline
– Phase 1:
– Number of Tokens: 3,000,000,000,000,000 TOPA
– Start Date: August 18, 2023
– Completion Date: December 30, 2023
– Token Price: $0.000000000485
– Phase 2:
– Number of Tokens: 3,000,000,000,000,000 TOPA
– Start Date: December 31, 2023
– Completion Date: March 30, 2024
– Token Price: $0.000000000495
– Phase 3:
– Number of Tokens: 3,000,000,000,000,000 TOPA
– Start Date: April 1, 2024
– Completion Date: July 30, 2024
– Token Price: $0.0000000005
Topauct enthusiasts are encouraged to use the Metamask wallet for optimal storage. Other compatible wallets include Trustwallet or any supporting the Polygon network. The token’s smart contract includes provisions for token burning, a strategic mechanism where the development team repurchases and burns tokens from the auction platform fee every six months. This practice not only reduces the token supply but also aims to enhance the token’s value over time. As part of its user-centric approach, Topauct activates the auction platform in the user panel after completing the initial sales phases. This platform empowers users to engage in auction-based transactions, contributing to the overall vibrancy of the Topauct ecosystem.
Token Details:
– Token Name: Topauct
– Token Symbol: TOPA
– Token Decimals: 18
– Token Blockchain: Polygon (MATIC)
– Max Total Supply: 9,900,000,000,000,000 TOPA
A unique feature of Topauct lies in its commitment to burning tokens at least once every six months, utilizing the auction platform fees. This strategic approach is designed to boost the token’s value and maintain a healthy balance in the Topauct ecosystem. In summary, Topauct’s innovative auction cryptocurrency introduces a fresh paradigm to the crypto landscape, offering users a dynamic platform for transactions, thoughtful tokenomics, and a commitment to sustainability through regular token burning. As the project progresses through its initial sales phases, the crypto community eagerly anticipates its listing on Quickswap and the unfolding of a new era in decentralized finance.