# OGC Tokenomics

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## 📊 OGC Token: welcome to Web3 universe with OGCommunity

🔥Today we will tell you about the key feature of our project - the OGC token: what it gives and how to use it. But first we need to introduce you to the concept of "Tokenomics".

#### 🔷 What is Tokenomics and why is it important?

🕯 Tokenomics (a combination of the words "token" and "economy") is a catch-all for the elements that make a particular cryptocurrency valuable and interesting to investors. That includes everything from a token’s supply and how it’s issued to things like what utility it has

🔶 In the OGCommunity, the token is provided mainly to reward community members for activity and for some actions within the #OG ecosystem.

## ⚠️ Here's some important information about OG Community tokenomics:

| Token Ticker (name): | OGC                                                                |
| -------------------- | ------------------------------------------------------------------ |
| Blockchain:          | Ethereum                                                           |
| Total supply:        | 1 000 000 000 OGC                                                  |
| Halving:             | After every 100 million tokens are distributed (or every 6 months) |