TOKENOMICS
Our Tokenomics are designed with the aim of attracting investors and establishing robust liquidity within the ecosystem.
The value of KimberLite
Price growth is a key objective of our tokenomics. We aim to achieve this by closely controlling the amount of $KIMBER in circulation. By avoiding market over-saturation, we ensure that the value of $KIMBER remains stable and attractive to investors.
Investor
Peace of Mind
Liquidity
Protection
Liquidity Protection
190,000,000 tokens (95% of the $KIMBER supply) have been locked for the first 5 years. Only 2% of the supply shall be released each month, therefore protecting the liquidity and stabilising the token price.
Stability
& Growth
Guaranteed Stability
$KIMBER’s value is unrelated to other crypto assets and will be determined by the worldwide transaction volume of diamonds, ensuring long-term stability and growth.
BNB Chain
BNB Chain
$KIMBER has been minted on the BNB Chain (Binance) offering investors low gas fees and ultra fast transactions to facilitate hassle free exchanges.
KimberLite is the world's first cryptocurrency designed for a quicker and more effective operation in the diamond and commodity industry.
About Us
Team Tokens
Team Tokens
The KimberLite team is adamant about the ecosystem's long-term success. To reflect this dedication, the team’s allocated tokens are locked up for ten years with a further 12 months vesting.
Burn Strategy
Burn Strategy
Having an established corporation as the foundation upon which the ecosystem is built provides the opportunity to re-invest existing profits into the token. One fifth of all operating profits will be used to ‘buy-back’ $KIMBER, until 50% of the supply has been burned.
Token
Lifecycle
Token Lifecycle
$KIMBER has been designed to permanently accrue value by being the utility token of a growing ecosystem. The token will be used for commodity payments, in-game purchases and TNFT sales, among other use cases.
Financial Targets
- Q4 2023 Commence IDO/IEO Rounds with a price of $0.20.
- Q4 2023 DEX listing on PancakeSwap and CEX Coinstore at $0.22.
- Q4 2023 First Diamond transactions worth $13million per month.
- Q3 2024 KIMBER Value $4.70.
- Q4 2024 Commodity Trades $3.45B.
- Q4 2024 Reach target of 100,000 carats per month using KIMBER - $260M monthly revenue.
- Q2 2025 Achieve 250,000 carats per month of diamonds valued at $650million.
- 2025+ 50% token supply burn.
- 2025+ Total Revenue in 5 Years - $9.75B.