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About AlgoBlocks
🌟
Product Features
Technical
$ALGOBLK Tokenomics
GOVERNANCE
🗃
Allocation & Release Schedule
The total supply of $ALGOBLK is 188,000,000. The tokens will be distributed as following:
- Seed distribution - 5.20% (9,776,000 $ALGOBLK)
- Private distribution - 16.50% (31,020,000 $ALGOBLK)
- Public - 2.2% (4,136,000 $ALGOBLK)
- Team - 13.8% (25,944,000 $ALGOBLK)
- Liquidity - 10% (18,800,000 $ALGOBLK)
- Marketing & Partnerships - 13.55% (25,474,000 $ALGOBLK)
- Development Grants - 2% (3,760,000 $ALGOBLK)
- Advisors - 6% (11,280,000 $ALGOBLK)
- Ecosystem - 15% (28,200,000 $ALGOBLK)
- Exchanges - 3% (5,640,000 $ALGOBLK)
- Treasury fund - 12.75% (23,970,000 $ALGOBLK)
ALLOCATION CATEGORY
ALLOCATION (%)
# OF TOKENS
VESTING
Seed
5.20%
9,776,000
2.5% at TGE 2 month cliff followed by 18 months linear vesting
Private
16.50%
31,020,000
7.5% at TGE, 1 month cliff followed by 15 months linear vesting
Public (IDO)
2.20%
4,136,000
25% at TGE and equal vesting over 3 months
Team
13.80%
25,944,000
8 Month Cliff, 1/24 vesting each month thereafter from months 7-30
Liquidity
10.00%
18,800,000
10% at TGE and 72 hours cliff for remainder
Marketing
10.00%
18,800,000
1 week lockup followed by 12 months linear vesting
Development Grants
2.00%
3,760,000
1 month lockup followed by 12 months linear vesting
Advisors
6.00%
11,280,000
8 Month Cliff, 1/24 vesting each month thereafter from months 7-30
Partnerships
3.00%
5,640,000
1 week lockup followed by 24 months linear vesting
Ecosystem development Fund & staking rewards
15.00%
28,200,000
1 month lockup followed by 12 months linear vesting
Exchanges
3.00%
5,640,000
1 week cliff followed by 12 months vesting
Treasury fund
12.75%
23,970,000
1 week lockup followed by daily linear vesting over 24 months
Airdrop
0.55%
1,034,000
100% unlock at TGE
Total
100.00%
188,000,000
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