# Tokenomics

* The total supply of $CONI is set to 100 million tokens.
* There is no minting capability. Therefore, the total supply will never increase. 
* There is a burn mechanism as explained in [Buyback & Burn Mechanism](/usdconi-whitepaper/6jMpAO2cXCEai1VuthLY/whitepaper/buyback-and-burn-mechanism.md). Therefore the total supply can decrease over time.
* There will be an ICO for $CONI with three rounds. Angel, Private and Public.
* Angel Round: Only critical people from web2 and web3 who are privately invited can participate. Max allocation per angel is $2000.
* Private Sale:  Already closed by 954 Coniun Pass holders. Avg allocation by a participant is $293.
* Public Sale: Public sale will happen on [Seedify](https://seedify.fund/) exclusive to their community.  

### Seedify

**Total Funds Raise on private sales:** +$20M

**Number of IDOs:** 54

**ATH AVG ROI (USD):** 31.71x

**ATH ROIs (USD):** Blocktopia 698.23x, CryptomedaTECH 185.70x, Cryowar 169.20x

**AVG number of participants:** +4000

**Telegram members:** 180K

**Twitter followers:** 750K

### ICO

<figure><img src="/files/02cEpH8DnJkplm9qYaVx" alt=""><figcaption></figcaption></figure>

<figure><img src="/files/v9itq9XpqKyc4M7JzfNb" alt=""><figcaption></figcaption></figure>

### Allocations and Vesting Periods

<figure><img src="/files/vdVk7bBmm5MLouIDVXYO" alt=""><figcaption></figcaption></figure>

<figure><img src="/files/gZ9bqP37LuZLGqNK0cbB" alt=""><figcaption></figcaption></figure>

<figure><img src="/files/LHtqvKUgJeYjqF8bxfHI" alt=""><figcaption></figcaption></figure>

<figure><img src="/files/5y0rDF0J6BRoTTsMtKZ0" alt=""><figcaption></figcaption></figure>

CONI ecosystem will reach its highest demand with ERA's mint. The first $CONI vestings will end in the 5th week of its TGE. Therefore, we will mint ERA within a month after $CONI's TGE to balance supply and demand.&#x20;

*Legal Disclaimer*: <https://direcon.notion.site/Coniun-Whitepaper-Legal-Disclaimers-f70b63eff1564effa9b6094325081413>&#x20;


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