# Celebrities Token

Ticker/ Symbol: to be created according to each celebrity

Network: Ethereum (ERC-20)

Maximum supply: 21,000

The goal of celebrity tokens is to create a social and individual economy for each figure associated with Idols, based on offering exclusive products and services that can only be consumed with their respective token, such as:

* Private communities;
* Exclusive events;
* Backstage access;
* Advance tickets;
* And much more...

Idols sends personality tokens through smart contract technology in the Ethereum (ETH) blockchain.

The granting of the right to issue tokens to a certain figure comes from the decision of the Idols team and its advisors, at times the community of supporters may be granted the voting power to decide whether to include a new figure in the ecosystem.

**Tokenization Benefits**

The tokenized celebrity, in other words, the celebrity who decides to create 21,000 fan tokens of themselves, will have access to a campaign management platform and will participate in the following rewards programs:

* 5% of the maximum supply of your own tokens;
* 25% of the fees from trades that wrap your token forever;
* 60% of total ICO revenue will be compensation to celebrity.

#### Celebrities Token distribution:

**1-** 5% - Celebrity (Lockup: 1 year); 

**2-** 5% - Idols (Lockup: 1 year);

**3-** 10% - IDOLS Stakers;

**4-** 10% - Liquidity;

**5-** 70% - ICO.

**ICO Revenue distribution:**

**1-** 60% - Celebrity;

**2-** 30% - Liquidity; 

**3-** 10% - Idols.