Distribution
Cros plans to issue a total of 1,000,000,000 utility tokens with below distribution
Distribution | Amount (%) | Description |
---|---|---|
Seed Round Sale | 100,000,000 (10%) | Initial sale to raise a seed round |
Private Sale | 100,000,000 (10%) | Private sale (in multiple rounds) to raise funds for development |
Public Sale | 20,000,000 (2%) | Public sale for ecosystem expansion |
Team & Advisors | 170,000,000 (17%) | Tokens reserved for the team members and advisors of the project |
Airdrops & Security Bug Rewards | 70,000,000 (7%) | Tokens reserved to reward launch of testnet, bug discoveries or cover the loss in case of a security incident |
Network Bootstrapping Rewards | 100,000,000 (10%) | Tokens reserved to reward operators and delegators etc during the network bootstrapping |
Growth & Community Rewards | 150,000,000 (15%) | This allocation would go towards marketing, partnerships, community building and user acquisition |
Additional Development Fund | 60,000,000 (6%) | Tokens reserved to finance future platform development & tech enhancements and hire additional team members |
Listing and MM | 50,000,000 (5%) | Tokens set aside for CEX & DEX listing and for market making |
Ecosystem Fund | 180,000,000 (18%) | Tokens allocated towards fostering and growing the Cros network ecosystem through grants, rewards and other marketing initiatives |
Token vesting is strategically designed to ensure a controlled release of tokens over a specified period, preventing a sudden influx of tokens into the market. This approach is beneficial in balancing the demand and supply of tokens, as it ensures a steady flow of tokens over a prolonged period, rather than a large release in a short time frame. By doing so, token vesting promotes stability in the market and encourages a gradual increase in demand for the tokens as adoption grows.
Vesting schedule
The following table shows the vesting schedule as defined for the token distribution defined above: TBD
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