$SEAT Tokenomics
We created the $SEAT token to help us achieve our goal of transforming the live event experience. Get exclusive rewards and earn real value.
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Why $SEAT?
$SEAT is your access key to our kingdom. We're creating long term value with various utility, from unlocking exclusive experiences in the Rewards Centre to staking payouts and reduced marketplace fees.
Claim rewards for holding $SEAT
The Rewards Centre is where $SEAT holders can claim access to exclusive special events, releases and other perks for free. Holders will earn points for the number of $SEAT tokens held and for the period of time the holder has held them. There are three different tiers, with the higher tiers containing more valuable rewards.
Stake $SEAT to earn a share of booking fees
Holders who stake their $SEAT tokens can receive a staking payout. Staking payouts come from the booking fees buyers pay on selected sales made through our marketplace. A portion of the platform revenue can be paid out as staking rewards; the remainder goes to the SeatlabNFT Treasury and to cover credit/debit card fees.
Easily fund your wallet and swap for $SEAT
Thanks to an integrated fiat on/off-ramp, you can use a credit or debit card to fund your wallet. It's as easy as any online purchase. Once your wallet has been funded, you can swap fiat for $SEAT in a few simple steps.
Tokenomics
Below is a full breakdown of $SEAT's tokenomics and the token release schedule.
Founders: 1.25Y lock, daily unlock for 36 months
Team: 1Y lock, daily unlock for 30 months
3 month lock, daily unlock for 12 months
Presale Lockup:
10% TGE. Daily unlock for 12 months
2,112,500 (0.25%)
5% TGE. Daily unlock for 18 months
6M lock, daily unlock for 15 months
9M lock, daily vesting for 12 months
Daily unlock for 60 months