πAirdrop TAKA Token
Get the scoop on all things TAKA token, from price protection and security to how you can have a say in new tDAO launches!
General Questions
What's the TAKA Token?
The TAKA token is your all-access pass to the Takadao ecosystem! Itβs designed to make everything in our Decentralized Autonomous Organizations (tDAOs) run smoothly. With TAKA, you can pay fees, stake for rewards, and join in on the community fun with governance votes. Itβs all about making the Takadao experience better and more connected!
Where does the TAKA Token get value from?
Holding TAKA Tokens makes you part of the Takadao ecosystem; which is disrupting the $9 trillion (!) insurance industry by pioneering the future of fair insurance alternatives - the DeFi way!
As a TAKA Token holder, you get:
Staking Rewards: 10% of Takadao revenue go directly into the staking pool. Stake TAKA in the Reprotection Pool (rePool) to earn rewards and support tDAOs.
Fee Discounts: Use TAKA to pay tDAO membership fees at a discount, making it a hot choice for payments.
Loyalty Rewards: Earn TAKA as loyalty rewards, benefiting from the ecosystem's growth.
Governance: Have a say in tDAO decisions by using your TAKA tokens for voting.
These features boost TAKA's demand and utility, making it valuable in the Takadao community.
How can I get TAKA Tokens?
There are two ways to get your hands on TAKA Tokens: airdrops & token sale
Airdrop: Before the token launch, 4,500,000 tokens will be up for grabs in Season 1 of the airdrop campaign. Make sure to complete all the tasks on time tobe among the first to get TAKA Tokens! Token Sale: We're planning to start our listing on a centralized exchange in Q2, 2025 - so then you'll be able to buy TAKA Tokens just like any other token.
Why should I participate in the airdrop?
Airdrops are a fantastic way to get your hands on free tokens. Holding TAKA Tokens makes you part of the Takadao ecosystem; which is disrupting the $9 trillion (!) insurance industry by pioneering the future of fair insurance alternatives.
Participating in the airdrop doesn't just give you free tokens to an impact-driven industry disruptor; you'll also get the TAKA Token before anyone else because we'll drop them about a month before getting listed on a centralized exchange (β Q2, 2025).
When will the airdrop take place?
The actual airdropping of TAKA Tokens will be done once all 3 seasons of the campaign are done. To be more specific, that's about a month before we go live on a centralized exchange, which we're planning to do in Q2, 2025. So make sure to complete the tasks now to qualify for when the tokens get airdropped!
How many Tokens do I get?
In Season 1, there are 4,500,000 tokens up for grabs. How many of those you get depends on you (and, of course, on your fellow contestors): the more quests you complete, the more points you get. And the higher you are on the leaderboard, the more TAKA Tokens will be airdropped to your wallet once the airdrop takes place.
What can I use the TAKA Token for?
You can use the TAKA Token for many things (besides it being a great long-term investment because the maximum quantity of tokens is capped)
Pay Fees: Use TAKA to get a discount on membership fees for the unique insurance alternative tDAOs.
Stake for Rewards: Be the first to earn yield from the new innovation of DAO rePools.
Get Loyalty Rewards: Earn TAKA as loyalty rewards for being an active tDAO member.
Participate in Governance: Use TAKA to vote on important decisions in the Takadao ecosystem.
How many TAKA Tokens are there?
In total, there won't ever be more than 1 billion TAKA Tokens. Here's how they're distributed:
40% Reserve treasury (For discrectionary use)
20% Core team
15% Ecosystem incentive programs (Airdrops etc.)
15% Equity investors
10% Future coin offering
What will the price of TAKA tokens be?
The price of the TAKA token depends on demand and supply. The more people want to join Takadao-powered DAOs, the higher the demand (and, with it, the price).
Supply is managed through staking and a buyback-and-burn program kicking off in January 2025 (after The Life DAO launches). Staking TAKA tokens lets holders earn rewards, reducing the incentive to trade. Plus, part of Takadaoβs fee revenue will be used to buy back tokens, cutting down the supply.
How will you protect the TAKA token price from speculators?
First off, TAKA tokens have real-world utility, so their value is based on actual use. They let you pay discounted fees for various insurance alternative tDAOs in the future.
At the initial token offering, we'll cap how much each whitelisted address can buy to prevent whales from messing with the price.
Plus, there are vesting and lockup periods for founders, team members, and equity investors to stop them from selling off their tokens too early.
How will you make sure the TAKA token is secure on the blockchain?
All smart contracts we deploy are checked by our internal security team and third-party auditors. Plus, we have a bug bounty program that rewards the community for finding and reporting security issues.
Will TAKA token holders have voting rights?
At the initial token offering, TAKA token holders will not have governance rights over Takadao. However, TAKA token holders will be able to submit and vote on proposals related to new DAOs to launch.
Airdrop Campaign
What should I do if I'm having troubles signing up, connecting my socials, or completing the quests?
If you're having trouble signing up, connecting your socials, or completing quests, itβs often a mobile issue. Try switching to a PCβit usually fixes those platform-specific glitches.
How can I make sure I've completed all steps for a quest?
Some quests have multiple steps (like 2 or 3) that need to be completed before you can claim your reward. Once all steps are done, the "Claim Points" button will activate, letting you know you're good to go.