🗃️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 CATEGORYALLOCATION (%)# OF TOKENSVESTING

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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