Team
Total Allocation: 1,500,000,000 tokens
The Team Allocation is a critical component of the overall token distribution plan. This allocation ensures that the core team members, who are instrumental in building, developing, and maintaining the project, are properly incentivized and aligned with the long-term success of the project. The distribution of these tokens will help retain talent, foster continued engagement, and ensure that the team remains motivated to execute the project vision over time.
Release Schedule:
0% at TGE (Token Generation Event): No tokens are unlocked or distributed to the team at the time of TGE.
Vesting Schedule: The Team Allocation will have a 6-month cliff followed by a 48-month linear vesting period.
Vesting Structure:
Cliff Period:
A 6-month cliff is applied to the Team Allocation, meaning that no tokens will be distributed to the team members until after the first 6 months from the Token Generation Event (TGE).
After the 6-month cliff, the team will begin to receive their tokens in equal monthly installments over the remaining 48 months.
Linear Vesting:
Once the cliff period concludes, the tokens will be vested linearly over a period of 48 months, ensuring a steady distribution over a 4-year period. This gradual unlocking prevents any immediate liquidation of tokens by team members and promotes long-term commitment to the project.
The amount of tokens unlocked each month will be the same, ensuring a predictable and controlled distribution that aligns with the project's growth and development.
Purpose:
The Team Allocation is designed to incentivize and retain the team over the long run, encouraging them to continue developing and delivering on the project’s vision. By introducing a cliff period and linear vesting, the project ensures that the team remains aligned with the interests of the community and stakeholders, while also promoting continued development and progress.
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