> For the complete documentation index, see [llms.txt](https://patafta-k.gitbook.io/first-eleven-club-whitepaper-v2.1/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://patafta-k.gitbook.io/first-eleven-club-whitepaper-v2.1/tokenomics.md).

# Tokenomics

For projects to be successful, there is a need to have proper tokenomics in place. Our tokenomics ensures that holders are always rewarded and that it is community driven with marketing funds. $F11 introduces blockchain technology in the lives of football fans in a seamless way. 

**Total Supply:** 2 000 000 000 000 000 F11 

1 000 000 000 000 000 F11 will be burnt at launch. There will be a fair launch. 

**Founder Token:** 5% of the total supply of $F11 will be reserved for the F11 team 

**Influencers:** 10% of the total supply of $F11 will be reserved for promotional purposes. Tokens will be airdropped to footballers and other influencers to encourage the promotion of $F11. This will help in the growth of our community. 

**Redistribution:** To reward all holders of $F11, 0.5% of all transactions will be redistributed to holders. 

**Marketing and Development:** A 6% buy tax on every purchase of $F11 and a 9% sales tax on every sale transaction will be retained by the $F11 team for marketing and development of the token. 

**Burn:** 0.5% of every buy and sell transaction on the F11 Platform will be retained for token burn at regular intervals.

**First Eleven Foundation:** 3% of buy and sell transactions will go into the first eleven foundation for greater cause.