> For the complete documentation index, see [llms.txt](https://pocolandwhitepaper.gitbook.io/pocoland/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://pocolandwhitepaper.gitbook.io/pocoland/tokenomics/usdpoco-governance-token.md).

# $POCO (Governance Token)

### Token Specification

* Name: POCO Token
* Symbol: $POCO
* Initial rate: 1 $POCO = 0,1 BUSD
* Max supply: 180,000,000
* Total supply: 179,000,000
* Burnt supply: 1,000,000
* Network: Binance Smart Chain
* Spec: BEP20
* Smart contract: 0x394bBA8F309f3462b31238B3fd04b83F71A98848

### Token Usecase

* Open loot boxes
* Rewards from Tournament
* Summon Poco (NFT)
* Buy/Rent NFT Assets
* PVP Bet
* Land Auction
* Trade up items
* Governance/Voting activities
* Join Launchpools
* Staking/Farming for profit

### Token Allocation

| Fund             |  Proportion | Token Amount |                                     Lock Up & Vesting                                    |
| ---------------- | :---------: | ------------ | :--------------------------------------------------------------------------------------: |
| Development team |     21%     | 37,800,000   |      <ul><li>0% at TGE, 3 months cliff then linear vesting over 36 months</li></ul>      |
| Advisers         | &#x36;**%** | 10,800,000   |      <ul><li>0% at TGE, 3 months cliff then linear vesting over 36 months</li></ul>      |
| Private Sale     |    11.37%   | 20,466,667   |               <ul><li>10% at TGE, 90% in 9 months block by block</li></ul>               |
| Strategic Round  |    1.85%    | 3,333,333    |                   <ul><li>20% at TGE and 20% per month after </li></ul>                  |
| Public Sale/ IDO |    2,78%    | 5,000,000    |                      <ul><li>34% at TGE and 33% per month</li></ul>                      |
| Staking Rewards  |     29%     | 52,200,000   |      <ul><li>1 months fully locked, linear vesting over the next 36 months</li></ul>     |
| Play to earn     |     20%     | 36,000,000   |      <ul><li>2 months fully locked, linear vesting over the next 36 months</li></ul>     |
| Ecosystem Fund   |      7%     | 12,600,000   | <ul><li>30% Released at TGE, 3 months cliff then linear vesting over 24 months</li></ul> |
| Airdrop          |      1%     | 1,800,000    |           <ul><li>10% released at TGE, 90% in 9 months block by block</li></ul>          |