BLACK GOLD COIN TOKENOMICS

Join the movement for economic independence

Overview

BlackGoldCoin (BGC) is a transformative cryptocurrency built on the Solana blockchain, designed to empower Black communities by providing access to decentralized finance, education, healthcare, and entrepreneurship. BGC will serve as the backbone for a global ecosystem of economic empowerment, where users can engage in staking, governance, and investment in a transparent, secure, and efficient system. This ecosystem will encompass several initiatives, including BGC Charter Schools, BGC Healthcare, BGC University, BGC Venture Fund, BGC Transportation, BGC Media, BGC Scholarships, and BGC Financial Center.

Total Token Supply

  • 15 million BGC tokens total supply, ensuring a manageable and sustainable ecosystem for long-term growth and value creation.

Token Allocation

  • 50% (7.5 million) – Staking Rewards & Community Incentives: This allocation will reward users who participate in staking, network validation, and community initiatives. It incentivizes active engagement within the ecosystem.


  • 20% (3 million) – Development Fund: Set aside for ongoing development, infrastructure, platform enhancement, and strategic partnerships to fuel the growth of the BGC ecosystem.


  • 15% (2.25 million) – Validator Incentives: Reserved for validators to secure the BGC blockchain, ensuring decentralization and the integrity of the network.


  • 10% (1.5 million) – Early Investors & Advisors: To reward early backers, investors, and advisors who believe in the mission and vision of BlackGoldCoin from the start.


  • 5% (750,000) – Team: To compensate the core team building the BGC ecosystem, with a lock-up period to ensure long-term commitment to the project.


Use of Funds

  • Staking & Community Incentives: Users can stake their BGC tokens and participate in decentralized governance, shaping the direction of the ecosystem.


  • Governance: Token holders will vote on key proposals, such as new initiatives, changes to protocol, and how to allocate the development funds.


  • Transaction Fees & dApp Usage: BGC tokens will be used to pay transaction fees for decentralized applications (dApps) built within the ecosystem.


  • Support for Ecosystem Growth: A portion of the development fund will be allocated to educational initiatives, partnerships, and community engagement.


Governance

BGC Token holders will be empowered to take part in the governance of the ecosystem, ensuring decisions align with the vision of Black empowerment and economic independence. Proposals will be submitted by the community and voted on via a decentralized governance system, with decisions being enforced automatically through smart contracts.

Security & Transparency

Built on the Solana blockchain, BGC ensures fast and secure transactions with low fees. The Solana blockchain’s scalability and high throughput ensure that BGC can operate globally without compromising performance. The open-source nature of Solana ensures transparency, allowing all token movements to be publicly verified on the blockchain.