Proposal to amend tokenomics and launch a crowdpool

Proposal

Tokenomics

A Kitty Party Reward Token program that gives rewards for utilizing the Kitty Party protocol and DApps will help promote and grow our ecosystem.

Product Development 10% DAO Reserve 10% Community Related Growth 10% Private Investments 10% Liquidity Provision 55% Social/Tech Grants 5%

We want to cater for long term growth and opportunities, a large Liquidity Provision will ensure distribution of tokens over time.

Further a single side lock and LP staking contracts will will be provisioned at a later stage to ensure new holders are incentivized to lock their tokens.

30% of the revenue from the DApp will be utilized to buy KPT tokens from the market and then lock it for a period of 5 years in batches. 20% will be used to provide rewards to the Guardians, with 1/3rd going to the leader in a period of 6 months and rest divided proportionally. The balance will be added to the DAO treasury periodically.

Crowd Pool

We start off by provisioning a crowd pool for 21397871.3 tokens at a price of 0.0004 which is ~15% of the 55% of LP tokens above . Which would then launch a Liquidity Pool for the token.