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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 | |