# Tokenomics

![](https://604387911-files.gitbook.io/~/files/v0/b/gitbook-legacy-files/o/assets%2F-Mgzq35zLO4-6Gl75g_Q%2F-MhDJwAuF43ge5IsxnQe%2F-MhDKXZmp7hw2P7woN63%2FWechatIMG340.jpeg?alt=media\&token=3e5bdafa-a1ec-4b82-ab37-7972f0c860bf)

## Specification

* Name: NEMIT Token
* Symbol: MIT
* Smart Contract: Release soon
* Network: Binance Smart Chain
* Decimals: 16
* Maximum Supply: 100,000,000 $MIT

## **Use Cases**

$MIT token is the ecological governance token of Nemit ecosystem. 

Earn MIT from Wonder Museum, holding NFTs or market place, then explore its use cases:

* Open Gacha with the rare NFTs
* Stake NFTs in Wonder Museum to earn free tokens
* Give your own Gacha character a unique name
* Vote on snapshot proposals in DAO governance
* Participate in Initial NFT Offering
* Donate to the Eco-Foundation to increase the Hashrate of your Gacha

But that's not all -- there's much more on the horizon for $MIT!

## Token Allocation & Vesting Plan

| Percentage | **Amount** | **Allocation**        | **Vesting**                                       |
| ---------- | ---------- | --------------------- | ------------------------------------------------- |
| 15%        | 15,000,000 | Private & Public Sale | 30% TGE, then 14% per month.                      |
| 10%        | 10,000,000 | Eco-Foundation        | 30% released every quarter from 2022 Q1.          |
| 10%        | 10,000,000 | Community\&Marketing  | 20% released every quarter from 2021 Q4.          |
| 15%        | 15,000,000 | Liquidity             | Non-locked                                        |
| 50%        | 50,000,000 | NFT Game Reward pool  | 10% at Game Launch,then 20% reduction per quarter |