# Tokenomics **Quark Tokenomics Overview** **Token Name:** Quark 3.0 (QUARK 3) **Blockchain:** Alveychain **Circulating Supply:** 10,000,000,000,000 QUARK **Contract:** \ Deployed: 07. January 2024. Tax:\ Buy tax: 2% \ Sell tax 3% \ \&#xNAN;*(detailed descrition for tax as a businessmodel will be added soon)* \ **Burn Mechanism:** \ Quark's Marketplace integrates a unique burn function, raising the visibility of artists minting NFTs on the platform and providing a compelling case for long-term holding by Quark token holders.
**Ecosystem Interaction:** \ Quark is committed to fostering a vibrant, inclusive, and democratic ecosystem where each participant's contributions are highly valued, and freedom of choice is paramount.
**BuyBot and Revenue Generation:** \ The BuyBot tracks all token purchases on the Alveychain blockchain, facilitating seamless interactions across various project tokens. To generate revenue, the BuyBot runs advertisements, providing an opt-out option for individual groups. This ad revenue forms a crucial part of the project's income. [/buybot](/quark-ecosystem/buybot.md)
**NFT Collections and Marketplace:** \ Certain NFT collections are designed to fundraise for further project development and marketing. The marketplace also generates revenue through a standard 1% fee on minting operations, contributing to project sustainability and growth. [/nft-marketplace](/quark-ecosystem/nft-marketplace.md)
This comprehensive approach to tokenomics ensures a strategic balance between providing incentives for stakeholders and maintaining project sustainability. With a steadfast commitment to transparency, secure token management, and a thriving and inclusive ecosystem, Quark continues to pioneer innovation in the blockchain space. --- # Agent Instructions: 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: ``` GET https://docs.quarktoken.io/info/tokenomics.md?ask= ``` The question should be specific, self-contained, and written in natural language. 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.