Funding & Partners
1min
NFTREASURE received a seed-funded budget of $400K to cover early development, admin, community incentives, and marketing costs.
This allocation was given by a now-dissolved DAO and the 5% $TRESR allocation to be delivered to their treasury has been renounced [link] reducing $TRESR circulation supply by 23,427,066 TRESR tokens.
NFTREASURE received a hand-off of $SMRTR resources. The NFTREASURE community is completely separate from the SmarterCoin project and the $SMRTR token keys have been renounced by the old team (here).
The following were transferred from the original SmarterCoin wallets to create the NFTREASURY:
- 2,534,728,788,370 $SMRTR
- 17,392,723 $SMRTR-AVAX JLP tokens
- 5,593 $USDC
All $SMRTR that was in the seed-funding treasury wallets has now been burned (here).