# NECO Tokenomics

#### What does NECO do

NECO Token is the governance token of Neco Fun platform. NECO token holders are all shareholders of NECO FUN.

NECO Token holders enjoy the following benefits:

* Stake NECO to earn NECO
* Stake NECO to earn Neco Fishing NFTs
* Stake NECO to earn other tokens
* Vote on the platform & govern the platform
* Enjoy 30% of product earnings
* Enjoy discounts on NFT trading fees
* More

### NECO Token LOGO

![](https://610720915-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FUfhnJhRh0jRTJENzLh3I%2Fuploads%2FUzQ2K96a8zA77e7YjQNw%2FUntitled-8.png?alt=media\&token=0b1f0b34-0866-4f3d-802c-6b1a3eed3458)

**Neco Token Contract Address**

{% embed url="<https://bscscan.com/token/0xd23891FC1A515A88C571064637502e3766819e2d>" %}

{% hint style="info" %}
Max Supply: 1,000,000.  Owner Key has been burned when the project is launched.
{% endhint %}

#### About Fair Launch

To ensure fairness, impartiality and openness, NECO FUN had no Private Sale, Public Sale, nor IDO. We had NECO FUN Fair Launch at 2022/3/26 13:00 UTC. BNB & NECO was added to the liquidity pool of PancakSwap, and it will be locked for a year. Owner key has been burned.&#x20;

Check to lock status here: <https://app.unicrypt.network/amm/pancake-v2/pair/0xd91b0CA001B014C898E0564F4450b0269A730fC1>

Buy NECO here: <https://pancakeswap.finance/swap?inputCurrency=BNB&outputCurrency=0xd23891FC1A515A88C571064637502e3766819e2d>

#### NECO Tokenomics

![](https://610720915-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FUfhnJhRh0jRTJENzLh3I%2Fuploads%2Fdz0M7f5URIAs8L04NR1D%2FNECO%20tokenomics.png?alt=media\&token=eeb3347e-6dad-4fd8-a7c1-81571961da87)

**2% Airdrop** We have held more than 3 airdrops. 2% is used to enlarge NECO FUN community.

**10% Fair launch** There is no Private Sale nor Whitelist Presale for NECO token. 10% is used for Fair Launch. NECO FUN team will focus more on making good products.

**15% Development Fund** Product Development is a relatively expensive part. 15% is used for Product Development and will be distributed to NECO FUN team members.

**5% Marketing** This part is used to promote the NECO FUN project and expand customer awareness.

**68% Distribute via Farming** This large part is used to be distributed via Farming.