4. Token Overview

4.1 Token Identity ($M87CS)

The native token of the ecosystem is M87 Cyber Space Token, ticker $M87CS. The branding is intentionally aligned with the physical venue, ensuring that both the offline experience (M87 Cyber Space) and the online token economy share a unified identity. This coherence strengthens recognition, simplifies marketing, and reinforces trust: what players experience inside the venue is directly connected to the digital asset they hold.

4.2 Type, Standard, and Base Chain

• Type: Utility Token

• Standard: BEP-20

• Base Chain: Binance Smart Chain (BSC)

The decision to launch on BSC balances accessibility, scalability, and cost efficiency:

• Low Transaction Costs – crucial for microtransactions such as tournament entries, in-venue purchases, and digital upgrades.

• EVM Compatibility – developers and auditors can easily build, review, and extend the ecosystem.

• Liquidity Access – PancakeSwap and other BSC-native DeFi protocols provide ready infrastructure for trading and liquidity provisioning.

• Mainstream Wallet Support – MetaMask, Trust Wallet, and most leading custodial solutions support BEP-20 tokens seamlessly.

While BSC is the launchpad, future interoperability is planned. Cross-chain bridges to Ethereum, Base, Arbitrum, or other ecosystems can be deployed to expand liquidity, attract institutional partners, or connect with specialized DeFi environments.

4.3 Supply, Price at TGE, and Fully Diluted Valuation (FDV)

• Total Supply: TBD $M87CS (fixed, no additional minting).

• TGE Price: TBD

• Fully Diluted Valuation (FDV): TBD

The capped supply ensures scarcity and predictability, while the modest FDV positions M87 competitively in the early-stage market. Importantly, valuation stability depends not only on total supply but also on how much of that supply is in circulation at any given time—a dynamic managed through vesting, emissions, and liquidity planning.

4.4 Initial Circulation Percentage

At the Token Generation Event (TGE), only a controlled fraction of the supply will enter circulation:

• Float at TGE: (~5% of total supply).

• First-Year Expansion: circulation may grow to ~12% of supply, contingent on adoption milestones and campaign triggers.

This design balances three critical objectives:

1. Protection against early sell pressure – investor and team allocations are locked with cliffs and monthly vesting schedules.

2. Market health – sufficient float is available to avoid a perception of insider dominance and allow genuine community participation.

3. Growth alignment – circulating supply increases in tandem with venue adoption, ensuring that demand and utility scale together with emissions. The result is a market cap at launch significantly below FDV, leaving natural room for appreciation as the ecosystem grows and tokens progressively unlock. 5. Allocation & Vesting