> For the complete documentation index, see [llms.txt](https://docs.serpenstone.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.serpenstone.com/spgt-tokenomics.md). # SPGT Tokenomics Serpenstone Token Overview ## Serpenstone Genesis Token (SPGT) Early Support Utility Token Specification Version: 1.0 Genesis Program ### 1. Overview **Serpenstone Genesis Token (SPGT)** is the early-support token of the Serpenstone ecosystem designed to provide fast, transparent funding for initial operations while granting exclusive Genesis Program benefits. **Note:** SPGT is not a digital twin of a specific gemstone and does not grant equity or asset ownership. It functions strictly as a utility and programmatic token. ### 2. Capital Allocation Funds raised via SPGT sales are allocated toward: * Procuring the initial batch of physical gemstones; * Minting and launching the Genesis NFT collection; * MVP platform deployment and marketplace development; * Vault storage and asset verification infrastructure; * Marketing and initial community growth. ### 3. NFT Redemption Mechanism The core utility of SPGT is the ability to redeem tokens for physical gemstone-backed NFTs under preferential Genesis terms: * Exchange SPGT for early Serpenstone NFT releases; * Acquire assets at prices close to initial project acquisition costs; * Full post-redemption freedom: hold, sell on secondary markets, or request physical vault delivery. ### 4. Deflationary Burn Model Upon exchanging SPGT for an NFT, the corresponding tokens are **permanently burned**: * Tokens are permanently removed from total circulation; * Total supply decreases dynamically with every NFT redemption; * Creates a robust deflationary structure within the Genesis ecosystem. ### 5. Holder Privileges & Staking **Early Access:** Priority access to private sales, limited Genesis mints, and rare NFT drops. **Staking & Loyalty:** Future lock-up options for staking rewards, potential ecosystem profit-sharing mechanisms, fee discounts, and priority allocations for the future Serpenstone Utility Token. ### 6. Token Flow Step 1. Purchase SPGT & support the Genesis Program. Step 2. Gemstone procurement & NFT creation. Step 3. Exchange SPGT for NFTs at discounted rates. Step 4. Permanent token burning & supply reduction. **Disclaimer:** SPGT is a utility token for the Genesis Program and is not a security, investment contract, or profit guarantee. It grants only the privileges explicitly detailed in official Serpenstone documentation.© [serpenstone.com](https://serpenstone.com/) 2026 Serpenstone Ecosystem. All rights reserved. --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter, and the optional `goal` query parameter: ``` GET https://docs.serpenstone.com/spgt-tokenomics.md?ask=&goal= ``` `ask` is the immediate question: it should be specific, self-contained, and written in natural language. `goal` is optional and describes the broader end goal you are ultimately trying to accomplish on behalf of the user. GitBook uses it to tailor the answer towards what is most useful for that goal. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.