Project Status
Revenue Generating Business
The Africred Token is a utility and governance token built on the Binance blockchain. It's the engine that powers various financial services, investment opportunities, and community-driven initiatives within the AfriCred platform.
IFT will serve as the primary payment token within the AfriCred ecosystem, allowing direct purchase of NFTs and potentially becoming a universal payment method across the merchant network for everyday activities like bill payments, FMCG purchases, and cross-border transactions.
| Token Name | AfriCred |
|---|---|
| Ticker Symbol | IFT |
| Token Decimals | 18 |
| Token Blockchain | Binance |
| Token Type | Utility - Governance |
| Project Status | Revenue Generating Business |
| KYC/AML Required (Sale) | Seed and Private 1-2 - YES, Public - Depending on launchpad |
| Restricted Countries | OFAC countries, USA (retail investors) |
Revenue Generating Business
Seed and Private 1-2 – YES
Public – Depending on launchpad
List of Prohibited (OFAC) countries, USA (for retail investors)
| Stage | Allocation % | Token Amount |
|---|---|---|
| Private Sale | 10% | 20,000,000 |
| Public Sale 1 | 5% | 10,000,000 |
| Public Sale 2 | 5% | 10,000,000 |
| Team | 12% | 24,000,000 |
| Advisors | 5% | 10,000,000 |
| Ecosystem and Grants | 20% | 40,000,000 |
| Marketing | 10% | 20,000,000 |
| Liquidity | 5% | 10,000,000 |
| Treasury | 20% | 40,000,000 |
| Total | 100% | 200,000,000 |