Question 1

What is MAJOR, and how is it related to Major products?

Accepted Answer

MAJOR is a utility token in the Major product ecosystem. Major’s website lists use cases including a gift marketplace, anonymous number rentals, verification, and payments for Telegram services; the scope of token use, payment methods, and eligibility conditions for these use cases are subject to the rules available for the relevant product at that time. “Utility” means it is designed to be connected with platform services; it does not automatically represent company equity, a claim on dividends, or fixed returns. Even if a service accepts MAJOR, token payment, the platform service itself, and any separately published user terms must still be distinguished.

Question 2

Which listed services can MAJOR be used for?

Accepted Answer

Major’s website lists MAJOR as usable for Telegram Stars, Telegram Premium, and certain Major product services, including the Telegram gift marketplace and anonymous NFT number rentals. Whether MAJOR can be used in a particular transaction depends on whether that service has enabled the payment option and on its pricing and rules at that time. A payment use does not mean the price is fixed. The number of tokens a user ultimately needs to pay is affected by the service’s pricing rules; if a service is priced in another unit and converted at payment, changes in MAJOR’s market price also change the number of tokens for the same service. The website does not provide a single conversion formula applicable to all services on that page.

Question 3

What is the difference between MAJOR’s maximum supply and circulating supply?

Accepted Answer

MAJOR has a maximum supply of 100 million tokens. The maximum is the total quantity boundary set by the protocol or issuance plan, answering how many tokens can exist at most; it does not mean how many have entered the market, vested, or are immediately tradable at a given time. To understand immediately tradable supply, token allocation recipients, lockups, and vesting arrangements must also be considered. Allocated but still locked tokens may count toward the total, yet recipients may not be able to transfer them immediately; conversely, unlocked tokens are not guaranteed to be sold.

Question 4

How do MAJOR’s allocation and lockup arrangements affect token availability?

Accepted Answer

Under the officially announced allocation plan, 80% is for the community: 60% goes to players at that time with no lockup, and another 20% is for subsequent community incentives, mining, and new stages. The remaining 20% is for marketing, liquidity, and future development; the announcement states that its main portion has a 10-month vesting period. This distinction determines when different portions may become transferable: the player allocation with no lockup has no vesting waiting period described in that announcement after distribution, while allocations with vesting gradually become available under their respective arrangements. The community incentive pool also does not mean a one-time distribution to all users, but is reserved for subsequent activities.

Question 5

Does holding MAJOR represent equity in Major or fixed returns?

Accepted Answer

Holding MAJOR does not represent ownership equity in Major. Based on the listed product uses, MAJOR is a utility token related to service use; the website materials do not describe holding it as evidence of company ownership, dividends, or fixed returns. A token’s service use, tradability, and market price are facts at different levels. Product use may affect some users’ demand for the token, but it is also affected by factors such as service adoption, rules, overall market liquidity, and seller supply; price or return outcomes cannot be inferred from use alone.

Major (MAJOR) Price