Balto Token is a decentralized brand with purpose. Formed to bridge defi concepts, the Balto Token ecosystem adds equity, accessibility and charity to the traditional narrative.
BEP20 $BALTO was fair launched on the Binance/BNB Smart Chain on May 20, 2022 with a hard cap of one billion tokens. The current circulation is 780,000,000 with 220,000,000 burned at launch in a dead wallet. Blockchain expansion was made on December 16, 2022 with the addition of ERC20 $BALTO on Ethereum with a total supply of 220,000,000.
By minting a limited supply, we remain true to our origin while creating viable and reliable incentive mechanisms and accommodating for future arbitrage. In addition to supply limitation, Balto employs treasury contracts for both tokens, utilizing transaction fees to purchase and lock $BALTO. While accomplishing the same fundamental objective as burn models removing tokens from supply, the treasury differentiates itself by levying the entire Balto ecosystem plus outside revenue to create a powerful, continual growth structure.
As of March 2023, taxes on both tokens have been lowered to 3% based on investor feedback. As the Balto ecosystem expands, token taxes will continue to be lowered to further incentivize trading and growth. To view the full tokenomics for each token, click the tabs above.
ALPHA PACK NFTS
The Alpha Pack is Balto Token’s inaugural NFT collection, comprised of 5,000 unique, generative Huskies on the Ethereum blockchain. Alpha Pack mints feed both the treasury and charity wallet with each receiving 25% of minting revenue.
The Alpha Pack includes original artwork with all design, development and data created in-house by Beth Mason and smart contract engineered by Brewlabs. The collection features over 250 distinct trait layers, plus 15 collaboration and team rarities and two 1-of-1 images. In addition to providing access to the Balto ecosystem, minting an Alpha Pack NFT provides exclusive utilities including $BALTO token claims, games, merchandise and more. Click here to mint, stake, claim rewards and join the pack.
Unlike older, comparable projects, Balto Token provides holders with a growth- and utility-forward approach. An integrated ecosystem, Balto Token assimilates cryptocurrency with later-generation concepts like treasuries, NFTs, rewards, decentralized exchanges and more. This omnichannel model allows the brand to continually generate holistic growth, while driving liquidity, income and charitable funds.
Balto Token is passionate about innovation and early adoption. The team is constantly researching and analyzing tomorrow’s technologies to understand how best to integrate them with existing products and benefit investors. Upon completion of roadmap checkpoints I, II and III in 2022, the brand began expansion efforts and the development of long-range planning and impact growth initiatives.
*Roadmap italicized text indicates completed initiatives
Balto Token encourages positive, open communication and believes trust, transparency and community are the three pillars to build longevity.
In cryptocurrency, market trust is paramount. This means complete transparency in not only community and development, but security. Balto Token is KYC’d and audited.
Balto Token will be one of the most loved and inclusive communities in crypto. Community is everything. Only together can we be strong.
Balto Token is in it for the long haul. The decentralized and long-term development of the ecosystem ensures growth, actual use cases, greater rewards and popularity beyond trends.
25% of Alpha Pack NFT revenue is held in the community charity wallet with all funds donated directly to certified 501(c)(3) pet rescues and animal organizations. This is personal for all of us, so as Balto Token continues to grow, the community will be heavily involved in the nomination and selection process.
With Balto Token, the welfare of animals is a top priority. While we will emphasize our efforts with dog-related charities, we are open to all organizations helping animals. As a community-driven project, our ideas and greatest accomplishments will not be singular, but rather a product of our collective efforts.
The Balto team is committed to responsible stewardship of token and donor funds, including our charity wallet, which will be public and transparent. Philanthropic beneficiaries will be announced ahead of donation, with funds presented in the form of a check if possible and content shared on social platforms to help further champion the organizations. We will act ethically, responsibly, and fairly in all dealings and the checks/aid provided will match the transactions within the wallet.