Matsuri
Matsuri WP (EN)
Matsuri WP (EN)
  • Matsuri: Vision
  • Backstory
  • Existing Issues and Solutions
  • Organizational Structure
  • Projects under Matsuri
  • Matsuri Token ($MAT)
  • Mikoshi: Liquidity Provision System
  • Community and Governance
  • May 2025: Matsuri in Manila Rizal Park Held
  • Roadmap
  • Team
  • Conclusion: Matsuri Will Bring Peace to the World!
  • Links
  • Disclaimer
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  • Token Allocation
  • Vesting Schedule

Matsuri Token ($MAT)

PreviousProjects under MatsuriNextMikoshi: Liquidity Provision System

Last updated 1 month ago

Ticker: MAT Max Supply: 10,000,000,000 (10 Billion) Chain: ETH L1

The Matsuri Token (MAT) is the core native token of the Matsuri ecosystem. MAT has the following features:

  • Event Support and Investment Through MAT, support and investment are provided to enthusiastic events and projects worldwide, or those with the potential to generate enthusiasm. This allows MAT holders to indirectly contribute to the success of diverse events and enjoy the increase in their value.

  • Index-like Behavior Due to its involvement with valuable events globally, MAT functions somewhat like an index, reflecting the success of events and projects within the Matsuri ecosystem.

  • Factoring As mentioned in Existing Issues and Solutions, organizers face many challenges, including cash flow. The Matsuri Foundation guides events to success by providing rapid funding and settlement to organizers via MAT and other currencies. Furthermore, it features a design that is faster than traditional factoring and beneficial to all stakeholders, such as conducting token buybacks from event profits.

  • Buyback Profits Profits may arise from liquidity provision and market making by Mikoshi. Profits obtained from this will be allocated to Mikoshi buyback funds, effectively returning profits to token holders.

  • Benefit Allocation Benefits such as admission passes to events hosted by the Matsuri Foundation will be provided based on the number of tokens held and the holding period.

Token Allocation

Title
Distribution

Private sale

5%

Public sale

25%

System Dev

10%

Community Grow

30%

Team

20%

Portfolio (Buy other token)

10%

Vesting Schedule

  • Private Sale (5%) Linear release over 18 months after a 6-month cliff period.

  • Public Sale (25%) 50% released immediately at TGE (Token Generation Event). Remaining 50% released linearly over 12 months.

  • System Development (10%) Linear release over 24 months after a 3-month cliff period.

  • Community Growth (30%) 10% released immediately at TGE. Remaining 90% released linearly over 24 months.

  • Team (20%) Linear release over 36 months after a 12-month cliff period.

  • Portfolio (10%) 25% released immediately at TGE. Remaining 75% released linearly over 12 months.