The initial price of AGF will be set based on the total value of all the burned tokens from other projects. A total of 1,000,000 AGF (1% of total supply) has been allocated for token burners to claim and will be released over 6 months, after the protocol launch.
The total value of all the burned tokens of other projects is $10,000,000.
The price of AGF is set at: Total value of all the burned tokens of another project divided by the amount of AGF allocated for token burners = $10,000,000/1,000,000 AGF = $10 per 1 AGF.
A user who burned the equivalent of $10,000 worth of tokens from another project, gets: $10,000/$10 in AGF = 1,000 AGF.
The user is able claim his AGF tokens in parts each day or in full in 6 months.