# Token Distribution, Minting & Crowdsale
Name: INTΞGRITY tokens
Total supply: 1,000,000,000
Ticker: **ITGY**
Type: BEP20, ERC20 and BEP2
## Airdrops
1,000,000 INTΞGRITY tokens will airdrop prior to crowd sales.
## Crowdsale
Supply: 249,000,000 ITGYs (24.9% of total supply)
| Round | Date (2022) | Price | Qty | Cliff | Then Vesting Period |
|---|
| 1 | TBD | $0.06 | 61,500,000 | 2 months | 12 months 8.33%/m |
| 2 | TBD | $0.09 | 87,500,000 | 1 month | 10 months 10%/m |
| 3 | TBD | $0.12 | 100,000,000 | - | 6 months 16.66%/m |
{% 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.
```
**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
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
By resolving these equations, we find:
Q2 = 750,026,668 and P2 = $0.937533335
{% hint style="info" %}
🏆 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 %}
---
# Agent Instructions: Querying This Documentation
If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.
Perform an HTTP GET request on the current page URL with the `ask` query parameter:
```
GET https://whitepaper.int3grity.com/our-solution/token-distribution-minting-and-crowdsale.md?ask=
```
The question should be specific, self-contained, and written in natural language.
The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.
Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.