# AMT

**AWANA Matrix Governance Token**

AMT is the governance Token in AWANA ecosystem.

**Total supply:** 6 billion

**Rewarded by** 

Earned through daily commuting with higher-level Ticket NFTs. 

**Burned to:**

Reach some special NFT level\
\
Partially replaces ART. \
LBS business (voting to open business areas and add business data). \
Decentralized marketing (burn to mint merchant NFTs, vouchers, etc.). \
Trading (NFTs, services, etc.) Consumption scenarios related to merchants.

Additional utility in AWANA Ecosystem

**AMT Distribution and Vesting Strategy:**

<table><thead><tr><th width="164.33333333333331"></th><th width="72"></th><th></th></tr></thead><tbody><tr><td>FundRaising</td><td>15%</td><td>12-month cliff after IEO/IDO, followed by linear unlocking over the next 36 months.</td></tr><tr><td>Launchpad Public Sale</td><td>5%</td><td> 100% unlocked at IEO/IDO.</td></tr><tr><td>Team</td><td>16%</td><td>12-month cliff after IEO/IDO, followed by linear unlocking over the next 48 months.</td></tr><tr><td>Advisors and Community Startup</td><td>5%</td><td>12-month cliff after IEO/IDO, followed by linear unlocking over the next 48 months.</td></tr><tr><td>Ecosystem</td><td>29%</td><td>0.3% unlocked monthly after closing of 1st round fundraising, the rest unlocks linearly over the following 60 months since IEO/IDO.</td></tr><tr><td>Tokenization of RWB</td><td>30%</td><td>0.3% unlocked monthly after closing of 1st round fundraising, the rest unlocks linearly over the following 60 months since IEO/IDO.</td></tr></tbody></table>


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