# Beagle Chat Token

Name: Beagle CHAT Token

Symbol: BCHAT

Total Supply: 210,000,000,000 BCHAT

Blockchain Platform: Base

Contract: TBD

Total Beagle Token in circulation is 210,000,000,000 BCHAT. It can be circulated on Base L2 network.&#x20;

The Beagle token is a utility token that is designed specifically for the Beagle ecosystem. It's a Decentralized Autonomous Organization (DAO), it's an open finance movement, it's a metaverse, it's SocialFi, and it has the potential to be the best investment for token holders. The Beagle token is designed so that the wealth created by building a community is shared among the community members.

We start everything from 0. We start with 0 coins and work our way up.We will build our community, our ecosystem, and our product together with our community. We will grow our community together and our ecosystem together, and as our community gets bigger, the price of the Beagle token will reflect that.

We want Beagle to be a truly community-driven project, and we want early community members who participate in the building of the ecosystem to be handsomely rewarded.

#### Token Economics <a href="#token-economics" id="token-economics"></a>

· No pre-sale, all tokens are mined by users downloading and using the software.&#x20;

· 50% of the tokens are reserved for users, with 10% in the first year, i.e., 21 billion tokens airdropped to users, halving annually thereafter.&#x20;

· The team and early investors reserve 10% of the BCHAT shares, with an average release over 5 years.

· The foundation or community supporters hold 30% of BCHAT with an average release over 5 years.

· BCHAT will be listed directly on Uniswap.

Beagle Chat will collect a 5% fee for the transfer of ownership of names, NFT, and property in the Beagle ecosystem, and the proceeds will be distributed as a dividend to holders of the Beagle Chat token.

Due to the nature of the Decentralized Exchange and due to the design of the ecosystem, as the size of the community grows, the price of the token should grow proportionally.
