Very Network Whitepaper
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English
EnglishJapaneseKorean
  • Overview
  • Payment Innovation & Vision
  • Verychat
    • Invite Rewards
    • Mining Rewards
    • Channels Reward
    • Channels
    • Group Chat
    • On-device Ai
    • KYC
  • Tokenomics
    • Distribution
    • Distributing $VERY
    • Ad Rewards & Burning
    • Channel staking
  • Advertising system
    • Main Ad
    • Channel Ads
    • Very AdSence
  • Very Ecosystem
    • Grant policies
    • List of ecosystem dApps
  • Mainnet(Layer1)
    • Node Reward Policy
    • Node-driven(Cloud)
    • Node-driven(macOS)
    • Node-driven(Windows)
  • Fastnet(Layer2)
  • Roadmap
  • Team
  • Disclaimer
  • Linktree
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On this page
  • Community (50% - 5 billion VERY)
  • Finance/Ecosystem (10% - 1 billion VERY)
  • Investors (10% - 1 billion VERY)
  • Liquidity Provision (10% - 1 billion VERY)
  • Team/Advisory (20% - 2 billion VERY)
  1. Tokenomics

Distribution

The Very network will issue 10 billion in total, distributed as follows

PreviousTokenomicsNextDistributing $VERY

Last updated 9 months ago

Community (50% - 5 billion VERY)

  • Layer Node Rewards (2 billion VERY) These rewards are distributed to validators participating in the proof of node for the Layer1 Very Mainnet. https://www.veryscan.io/address/0xf8c058006918F9A85669C7d27BdEfdc8E616e2Cf

  • Verychat Referral Rewards (1 billion VERY) more This allocation is used to increase the user base and expand the ecosystem of Verychat, Very Network's flagship dApp. https://www.veryscan.io/address/0x4dFFC06CC27cab4dA2bfd90165B7dD2a417b09B1

  • Verychat Fruit Rewards (800 million VERY) more Distributed to increase retention and strengthen the ecosystem within Verychat. https://www.veryscan.io/address/0x4C833Ba86a98e362cA418375Cc0a018CD050B75C

  • Channel Subscription Rewards (500 million VERY) more This is the amount distributed to activate channels and expand the ecosystem of Verychat, the killer dApp on the Berry Network. https://www.veryscan.io/address/0x121e89A19d9C666D5dd4e574466D8d34B83354Fa

  • Staking Rewards (500 million VERY) more Allocated to liquidity providers (LPs) like VerySwap to support the expansion of the Verychat channel ecosystem and the broader Very Network ecosystem. https://www.veryscan.io/address/0x35766c7bdAEf602079a238D6A6aBf39A5262d9ee

  • Marketing Rewards (200 million VERY) Used for promoting Very Network and Verychat. https://www.veryscan.io/address/0x56e72F253D4d7ab9b8dc5CA1F82F2dBdd8c551dF

Finance/Ecosystem (10% - 1 billion VERY)

Distributed to support dApps within the Very Network ecosystem. Rather than just distributing, this allocation includes VERY spent by advertisers that is redirected back to the "Finance/Ecosystem" fund, used continually for ecosystem expansion or burned to maintain the value of VERY. https://www.veryscan.io/address/0x2A8Ad95712EabF4A26200903a96dEA9BEe7ac6Fd

Investors (10% - 1 billion VERY)

Allocation for investors is intended to partner with VCs and others to lead Very Network towards a better environment. https://www.veryscan.io/address/0x579066A1d4495427bD80C5726eE18577413d6136

Liquidity Provision (10% - 1 billion VERY)

Necessary for managing spreads on CEX exchanges, included in the circulation but does not actually increase liquidity. https://www.veryscan.io/address/0xe3C43443Ef1617fBF5a500c169D8A64EB32A8003

Team/Advisory (20% - 2 billion VERY)

Used for incentives such as hiring and retaining dedicated team members and advisors, crucial for the success of the Very Network ecosystem. https://www.veryscan.io/address/0x62da22B119144B938D2c532a65D9bB243AA4248b