> For the complete documentation index, see [llms.txt](https://dave-davinci.gitbook.io/raffle/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://dave-davinci.gitbook.io/raffle/raffle-stakeable-token/fortune-launch-plan.md).

# Fortune launch plan

### Phase 1

Raffle Stakeable Token will have a max cap of 100M tokens.

Given the importance of the project, the most fair and equal distribution of the token is what to aim for. A placeholder token will be released during Raffle development. Let's call it token <mark style="color:yellow;">$V1</mark>.\
This token will be swappable 1:1 with the real token (<mark style="color:yellow;">$V2</mark>) once it will be audited and deployed.

The initial offering of the placeholder token will consist of <mark style="color:yellow;">49M</mark> units, distributed as following:

* <mark style="color:yellow;">38M</mark> tokens throuh an IDO/ICO, aiming to raise 69,000 $, launch price 0,001815
* <mark style="color:yellow;">11M</mark> tokens in a Uniswap Liquidity Pool, created once the ICO will be completed.\ <mark style="color:yellow;">Pool launch price will be the same as ICO price</mark>: this will avoid dumping at launch, and users will have their tokens without having to fight each other  and against sniping bots.\
  Those who didn't participate in the ICO, will be able to buy the token making the price raise, at the advantage of ICO buyers.
* <mark style="color:yellow;">3M</mark> tokens dev allocation

Once the Uniswap <mark style="color:yellow;">$V1 / WETH</mark> pool will be created, holding <mark style="color:yellow;">11M</mark> tokens, Raffle followers will be able to buy, trade or hold the token.

Trading taxes collected in this stage will be used to fund <mark style="color:yellow;">Raffle</mark> and <mark style="color:yellow;">$V2</mark> expensive <mark style="color:yellow;">audits</mark> and possible outsourcings. The same applies to the funds collected during ICO: the whole ICO operation is done for both a fair token distribution and to collect funds to provide quality audits for the project.

Followers are encouraged in shilling the token in this stage, as a wider distribution will benefit holders bags and will increase trading volume.

In this stage users will have a chance to secure a considerable slice of the supply: during Phase 2 users will need to participate in a lottery in order to get <mark style="color:yellow;">only a 0,1%</mark> of the supply foe each ticket submitted.

### Phase 2

Once Raffle and <mark style="color:yellow;">$V2</mark> will launch, users will be able to swap their <mark style="color:yellow;">$V1</mark> tokens 1:1 for the <mark style="color:yellow;">$V2 "real"</mark> Raffle Stakeable Token. This will be a token migration: liquidity will be removed from the old pair and put into the new $V2 LP.

The remaining 48% of <mark style="color:yellow;">$V2</mark> supply will be distributed to <mark style="color:yellow;">users playing Raffle</mark>.\
For the first 24 lotteries, the first 20 players (20 tickets entered) each lottery will be airdropped 0.1% the supply each: 100K tokens, which, at launch price have a value of 180 $, but will likely be way more valuable after trading started and launch happened.

The token airdrop will grant paople come and play Raffle basically for free, if not even for gains, given the juicy airdrop of 100K tokens, that if staked could grant passive rewards from every lottery.

### Scenarios

<figure><img src="https://1040484798-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FSkaflOHYhU8pCUwdeoqp%2Fuploads%2FTx7duYVETwSt73vIFgHB%2FRST.jpg?alt=media&amp;token=023f6c6b-6d85-4527-baf0-72a16a16ab63" alt=""><figcaption></figcaption></figure>