Empowa’s Tokenomics is designed to provide a long term and reliable value transfer mechanism for those interacting with the Empowa platform. An example of this long term approach is demonstrated through the mid to long term vesting periods applied to all tokens following generation.
As the focus of Empowa is to support the financing of affordable housing in Africa, it was decided that most of the EMP tokens should be introduced to the ecosystem through this function, rather than through a token sale to investors, who may or may not choose to use them for this purpose.
The Housing Project Sales token allocation will therefore be distributed in exchange for fiat at the market rate at the time, for those purchasing Impact Cards to fund Empowa housing projects. They will be released proportionate to the amount available over the allocation’s 5 year linear vesting period.
Fiat collected in exchange for these EMP tokens will be used to bootstrap liquidity for stable coin exchange in different African countries, as the Empowa platform project progresses. This will be a critical component of the platform that is necessary to support on-the-ground service providers and tenants interacting with the platform.