Economic model

The Fibonacci token is FIBO. The total issuance of the token is 77777777, produced over 77 years. The coin issuance release mechanism: 20% of the remaining amount each year. The distribution mechanism is as follows: Among them, pre-mining: 12 million (30% of 12 million to the founding team, 70% to the community), after the mainnet is launched: 15% to the technical team, 15% to the foundation, 30% to ecological support, and 40% to node rewards.

As a customized blockchain oriented towards the future, Fibonacci's main goal is to support blockchain applications in various customized application scenarios. Therefore, the FIBO token will play a very important role. It embodies the following main values of FIBO:

• Value carrier: Each customized ecology accesses or directly uses a certain amount of FIBO, or defines its own tokens, and exchanges with FIBO at a certain ratio. As application scenarios become increasingly enriched, the use and consumption of FIBO increases, and the value of FIBO also increases.

• Trading attribute: Every transaction on Fibonacci requires payment of GAS fees. DAPP applications on it also require FIBO to pledge and purchase resources. FIBO on contracts will conduct atomic-level transaction interactions through transactions.

• Incentive mechanism: Through active incentive programs, Fibonacci encourages more ecologies to join. Using economic means to generate positive feedback can promote the continuous development of the system. Tokens will act as rewards to incentivize the community to continue contributing to the system.

• Governance mechanism: FIBO not only serves as a functional token but also has governance functions. Community users will participate in DAO governance in proportion to the FIBO tokens they hold, giving full play to the enthusiasm of FIBO token holders to participate in the ecology.