Today, the decentralized protocol Boom announced the $BOOM token, which will serve as the main asset for rewarding participants in various digital ecosystems.
Tokenomics of $BOOM
The tokenomics of $BOOM includes a total supply of 1 billion tokens and will be launching on Binance Wallet via PancakeSwap. Key distribution points include:
* **Ecosystem Growth (26%)** – Supporting development and partnerships. * **Airdrop & Community Incentives (25%)** – Rewards for early users. * **Strategic Investors (16.5%)** – Allocated to early backers with a 12-month cliff. * **Team & Advisors (15%)** – Structured vesting for long-term incentives. * **Foundation Reserve (10%)** – For protocol support. * **Marketing & Partnerships (7.5%)** – Funding collaborations.
History and Development of Boom
Since its inception, the Boom platform has evolved from GamerBoom into a protocol focused on decentralizing data ownership. Currently, Boom leverages AI validation and decentralized infrastructure to create a system where various types of contributions can be verified and rewarded.
“Data has value because of the people behind it,” stated Boom co-founder T-RO.
Usage of the $BOOM Token
$BOOM is designed as the core utility token within the Boom ecosystem. Token holders can:
* **Participate in Governance** – Proposing and voting on protocol updates. * **Use as a Payment Medium** – Facilitating transactions across supported applications. * **Earn Rewards** – For gameplay and content creation. * **Cross-Game Versatility** – Serving as a common currency across all Boom platforms.
The launch of the $BOOM token is a significant step towards empowering users to have more control over the value they create. It reflects a broader trend in how data can be valued and rewarded, creating economic opportunities for participants.
