Initial Funding

Our 10,000 ASTRALS NFTs will be sold at a fixed price of 2 $SOL, of which 30% will be allocated to the ASTRALS’ Galaxy Treasury, 30% to our team and 5% to our developers, 30% to the artist, 2.5% to the $SHARD-USDC liquidity pool, and 2.5% to charity (will also be in the Treasury to begin with).

This split fairly compensates the team and artist, who are committed to this project for the long-term, while also reflecting that we consider the DAO and Treasury to be just as equal as the contributions that have been made by our team and our artist for the success of the ASTRALS roadmap. Team and artists will be paid out their mint royalties 40% after mint, and 10% per month thereafter.

In order to build our treasury valuation, we will sell 16% of our total supply of $GLXY tokens (48,000,000) to private investors at a 37.5% discount which will be vested linearly over 18 months after an initial unlock of 3,000,000 tokens at launch. These sales will generate $3,000,000 USD that we will be completely allocating to the treasury ($1.5M) as well as to our $GLXY-USDC liquidity pool ($1.5M).

Further detail of the token distribution breakdown and vesting schedule can be found here: https://docs.google.com/spreadsheets/u/1/d/1-__hw6cmUGo9EHNOnj4pNCEhPyLyhwo29r3Z0cC2A_U/edit?usp=sharing