Tokenomics

Token Supply and Locking:

The total supply of $SEARCH tokens is capped at 1 million, creating a scarce and valuable digital asset. This limited supply contributes to the token's potential for appreciation and long-term value. To ensure stability and market integrity, the liquidity of the $SEARCH token is locked for one year. This measure provides confidence to token holders and prevents sudden price fluctuations.

Search to Earn Rewards:

One of the key features of the $SEARCH token is its ability to facilitate a unique "search to earn" rewards mechanism. By simply engaging with the 0xSearch search engine, users have the opportunity to earn rewards in the form of $SEARCH tokens. A generous allocation of 10% is reserved for these search to earn rewards, encouraging users to actively participate in the ecosystem and contribute to its growth. As users conduct searches and accumulate tokens, they become active stakeholders in the 0xSearch community, aligning their own interests with the success of the platform.

Distribution and Allocation:

The allocation of $SEARCH tokens is carefully structured to ensure the long-term sustainability and development of the platform. 10% of the token supply is allocated to the development team, providing them with the necessary resources to drive ongoing efforts to enhance and expand the capabilities of 0xSearch. This allocation motivates the team to continuously improve the search engine and deliver a superior user experience. This supply will be locked.

Another 5% of the token supply is dedicated to collaborating with Influencers/KOLs. By engaging with experts and thought leaders across various domains, 0xSearch ensures a strong and diverse community of contributors. This collaboration enriches the search results and knowledge available on the platform, further enhancing the value proposition for users.

The remaining 85% of the token supply is allocated to liquidity providers (LP). This allocation ensures the creation of a vibrant and liquid market for the $SEARCH token, facilitating easy trading and accessibility for users. A healthy market encourages wider participation and allows the token to reach its full potential as a valuable asset within the search engine ecosystem.

In conclusion, the $SEARCH token is a vital component of 0xSearch, driving engagement, rewarding participation, and fueling the continuous development of the search engine. Through its unique tokenomics, limited supply, and search to earn rewards, the $SEARCH token positions itself as a powerful asset that empowers users and aligns their interests with the success of the decentralized, private, and aggregated search experience offered by 0xSearch.