$COLD tokenomics, Unicrypt locked liquidity, Gnosis multi signature wallet

Cold Truth Culture is proud to announce that we have locked all of our current raised liquidity with Unicrypt for 1 year, as planned in the roadmap: https://coldtruthculture.io/road-map

Unicrypt locked liquidity: https://www.unicrypt.network/amm/honey/token/0xdbcadE285846131a5e7384685EADDBDFD9625557

We have secured a total of 3 million $COLD tokens in a Gnosis multi sig wallet and have nominated 5 community members including myself to oversee the the distribution of the $COLD token as per agreement in the CTC Governance discussion and the tokenomics model (featured below)

Total supply: 3,220,618

Current circulating: 220,618

Phase 1: Distribution by community reward incentives and adding liquidity from the artist fees collected in the CTC NFT farms. Funds raised will support both xDAI/COLD pools as well as being used to buy HNY to pair with $COLD and added to the Unicrypt vault pools until the circulating supply reaches 867,618

Phase 2: Implement the tokenomics model as per CTC governance discussion and begin the scheduled buyback + burn of $COLD tokens with artists fees generated in the NFT farms until the total supply is reduced to 1,618,000

You can learn more about our project, NFTs, rewards and connect with us here:
Website: coldtruthculture.io
Website mirror: coldtruthculturenfts.org
Telegram: https://t.me/ColdTruthCultureNFTs
Discord: https://discord.gg/h6tUDURKm8
Twitter: https://twitter.com/ColdTruthCult

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I just want to say that you have done a great job organizing and launching your vision!

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Thank you @theJeweler
Big thanks to the community and 1Hive for supporting Cold Truth Culture NFTs. This is only the beginning of the road to CTC glory. With a growing number of TVL in Honeyswap and integrations with many other exchanges/tokens/applications not to mention the hype around L2 and NFTs $COLD token is set to move mountains in terms of growth and L2 adoption. Giving other artists without any blockchain experience an opportunity to showcase and sell their artwork is one of the driving forces as well as educational based rewards systems for our collectors! I hope to see more of you get involved in the DAO and collect/submit some art :smiley:

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I love how you took initiative and locked the liquidity with Unicrypt this is great example of project commitment. Looking forward to see how CTC progresses in the upcoming months.

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The hip-hopest NFT project in crypto! Cold Truth Culture is for the real ones!

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Great job, keep it going guys

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18 hours per day, 7 days per week, can’t stop won’t stop working on CTC!

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