# Token Distribution, Minting & Crowdsale

Name: INTΞGRITY tokens 

Total supply: 1,000,000,000 

Ticker: **ITGY** 

Type: BEP20, ERC20 and BEP2

![](https://500314584-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fjhx1X7v8IYFvUGEzYp7c%2Fuploads%2Fmfn21sAJ3W2wUL5H28eX%2FScreen%20Shot%202022-04-15%20at%206.23.32%20PM.jpg?alt=media\&token=564de776-5280-4b41-93d7-8b83f353cf65)

## Airdrops

1,000,000 INTΞGRITY tokens will airdrop prior to crowd sales.

## Crowdsale

Supply: 249,000,000 ITGYs (24.9% of total supply)

<table><thead><tr><th width="150">Round</th><th>Date (2022)</th><th width="150">Price</th><th>Qty</th><th width="150">Cliff</th><th>Then Vesting Period</th></tr></thead><tbody><tr><td>1</td><td>TBD</td><td>$0.06</td><td>61,500,000</td><td>2 months</td><td>12 months 8.33%/m</td></tr><tr><td>2</td><td>TBD</td><td>$0.09</td><td>87,500,000</td><td>1 month</td><td>10 months 10%/m</td></tr><tr><td>3</td><td>TBD</td><td>$0.12</td><td>100,000,000</td><td>-</td><td>6 months 16.66%/m</td></tr></tbody></table>

{% hint style="success" %}
Post crowdsale, the price of the token will start at **$0.50**.
{% endhint %}

## Team & advisors

Supply: 100,000,000  INTΞGRITY tokens (10% of total supply)

Cliff: 12 months

Vesting period after the cliff: 24 months (4.17% per month)

## Minting

When a partner sponsors a community, payment is delivered half in BUSD stablecoins, and half in newly-minted INTΞGRITY tokens.

BUSDs have immediate value, and can be converted into fiat money or exchanged for other crypto. Until INTΞGRITY tokens are listed on DEX/CEX, their value is virtual. To ensure our early contributors are adequately rewarded, a bonding curve has been included in the minting process.

### What is Minting?

Minting is the process of creating a new token and registering it on the blockchain. In our protocol, new tokens are minted each time a partner starts a new community sponsorship.

### What is a bonding curve?

A **bonding curve** is an equation that defines the relationship between price and token supply. Simply put, the price of a newly-minted token is larger than the previous one. In this manner, each time new tokens are minted, previous token holders become wealthier.

We are using a linear bonding curve:

```jsx
P = (1/800,000,000). Q
where P is price and Q is token number.
```

![](https://500314584-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fjhx1X7v8IYFvUGEzYp7c%2Fuploads%2FRkQTmfLefyhu0UbEBvJ4%2FScreen%20Shot%202022-01-19%20at%205.10.02%20PM.jpg?alt=media\&token=95ee2f73-b681-4337-814f-a76e36270a3c)

**A** represents the total value, starting from token **Q1** priced at **P1** to token **Q2** priced at **P2**.

**A** is calculated with this equation:

$$
\int\_{Q1}^{Q2}\frac{1}{800000000}x ,dx
$$

Q1, P1 and A being known, it's easy to calculate Q2, then P2, i.e the total number of tokens minted, and the price of the last minted token.

#### Examples

Partner #1 pays a fee of $50,000 U.S. dollars to sponsor a community. This fee is transformed into: 25,000 BUSD + the equivalent of $25,000 U.S. dollars in  INTΞGRITY tokens. Post ICO, 400,000,000 tokens will have already been minted. The 400,000,001st token will cost $0.50.

Q1 = 400,000,000 P1 = $0.50 A = $25,000

![](https://500314584-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fjhx1X7v8IYFvUGEzYp7c%2Fuploads%2FIwfiktnCVi9f4bvOBJIP%2FScreen%20Shot%202022-01-19%20at%205.07.34%20PM.jpg?alt=media\&token=7f5b90a5-4c19-4018-951d-d722156056e4)

By resolving these equations, we find:

Q2 = 400,050,000 and P2 = $0.500062499

{% hint style="info" %}
🏆 The system will have minted 50,000 new tokens, and the price of the last token will be $0.500062499 • 1 INTΞGRITY token from the initial ICO at $0.06 worths now 8.33 times more.
{% endhint %}

Now let's take partner #4656, who arrives after 750,000,000 tokens have already been minted. He pays the same initial fee of $50,000 (25,000 BUSD + the equivalent of $25,000 USD in INTΞGRITY tokens). How many tokens will be minted? And what will be the price of the last one?

Q1 = 750,000,000 P1 = $0.9375

![](https://500314584-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fjhx1X7v8IYFvUGEzYp7c%2Fuploads%2F4OcztDiOmPa2x7iEJQo2%2FScreen%20Shot%202022-01-19%20at%205.08.39%20PM.jpg?alt=media\&token=8e0bb780-2542-4f30-8eb8-be98e49ff2ea)

By resolving these equations, we find:

Q2 = 750,026,668 and P2 = $0.937533335

{% hint style="info" %}
&#x20;🏆 For this transaction, the system would have minted 26,667 new tokens, and the price of the last token will be $0.937533335. • 1 INTΞGRITY token from the initial ICO at $0.06 worths now 15.62 times more. • 1 INTΞGRITY token received by a contributor from the sponsorship initiated by Partner #1 at $0.50 is now worth 1.87 times more.
{% endhint %}