# 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-and-burn-mechanism](https://coniun.gitbook.io/usdconi-whitepaper/6jMpAO2cXCEai1VuthLY/whitepaper/buyback-and-burn-mechanism "mention"). 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="https://3914039766-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FahwUvcZnAhqVKBDgXyfv%2Fuploads%2FW8OsgcXB319DvALscNgJ%2Fmarketcap.png?alt=media&#x26;token=8a3dfb9f-8a7b-474d-8193-fdb7cd223774" alt=""><figcaption></figcaption></figure>

<figure><img src="https://3914039766-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FahwUvcZnAhqVKBDgXyfv%2Fuploads%2FIe24MblHTcDAquLgsmW3%2Fpresale.png?alt=media&#x26;token=e0293eb3-b676-48bf-9222-ebd1f168b99e" alt=""><figcaption></figcaption></figure>

### Allocations and Vesting Periods

<figure><img src="https://3914039766-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FahwUvcZnAhqVKBDgXyfv%2Fuploads%2FsAzwFpjUlwOSW9KJuX2A%2Ftoken_distribution.png?alt=media&#x26;token=16cc0c6e-3b0b-499d-a468-7521c168dda7" alt=""><figcaption></figcaption></figure>

<figure><img src="https://3914039766-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FahwUvcZnAhqVKBDgXyfv%2Fuploads%2FtsfPZzWLWvTOV8dyfqMS%2Fvestings.png?alt=media&#x26;token=49596160-3cdc-4011-ab04-48042c6af8be" alt=""><figcaption></figcaption></figure>

<figure><img src="https://3914039766-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FahwUvcZnAhqVKBDgXyfv%2Fuploads%2FRCStPt35PijXc5t8HTGD%2Fmonthly_circulating_supply.png?alt=media&#x26;token=9e728339-2a41-49dc-b7a5-1c3357278197" alt=""><figcaption></figcaption></figure>

<figure><img src="https://3914039766-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FahwUvcZnAhqVKBDgXyfv%2Fuploads%2FVnrwMCyQkWjB7nTqanJb%2Fmonthly_inflation_stacked.png?alt=media&#x26;token=116d13ce-88e2-4a31-8722-cd59e87fd079" 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;