Token distribution
Last updated
Last updated
Section | % | # Tokens | Price |
---|---|---|---|
At our seed stage, we will onboard early backers who can qualify as project Curators. A small number of the Curators will also be able to buy into our private sale with a small allocation.
During this stage we will also onboard a number of professional investors and ideation-stage projects that want to launch their token through our platform, getting access to the services at a discounted price. A small presale for qualified backers will follow this stage.
Our public sale will be hosted on several launchpads shortly after the private sale. The distribution of the raised funds following the sale will be fully transparent.
1 month after the Public Sale hosted on the launchpad of Fjord Foundry, we will take a snapshot and check all the wallets that took part in the sale. If the acquired tokens have not been moved and if users have not interacted with them in any way, we will distribute an additional token bonus, the size of which will be 50% of their total token purchase.
The team will receive 10% of the tokens over a 2-year vesting period, starting 18 months post-launch. Locked tokens give the rights for reward distribution from the moment the platform is launched.
Tokens allocated to advisors have an 18-month cliff and a 2-year vesting period. Similar to the Team allocation, locked tokens give the rights for reward distribution from the moment the platform is launched.
Tokens allocated towards marketing activities are aimed at incentivizing users to take certain actions on the Forcefi platform. This includes co-marketing with partners, as well as expenses for marketing agencies. Marketing tokens will have a 24-month vesting period with a 3-month lockup.
Tokens allocated for airdrops include all the Credential Data Network Campaigns that we intend to launch pre and during the launch of our project. The cliff and vesting period for these tokens differs depending on the platform we choose to use, but should not cause sell pressure following TGE.
Tokens allocated towards partnerships will be used strategically to form alliances with projects that can strengthen the Forcefi platform. Partnership tokens will have a 12-month cliff and a 36-month vesting period.
The Curators Program is aimed to incentivize, nurture, and reward Curators following the launch of our platform. The funds will be distributed over time to Curators who engage in feedback sessions and educational calls with projects listed on our platform, thus increasing the value of our product. The tokens will be distributed over a 48-month period with a 3-month lockup.
The Project Fund is aimed at supporting early stage projects listed on our platform. The extent of the support will depend on the activities taking place at the particular period. The team may choose to sponsor Curators for particular projects, host token grant contests, and more.
The Reserves pool will ensure the sustainable development of the platform irrespective of market conditions, allowing us to deploy token capital to numerous activities and campaigns. 1% of the Reserves fund will be unlocked upon TGE and a linear unlock will follow for a period of 60 months.
Some areas where tokens may be deployed include:
Ambassador program
Educational content creation
Projects referral
Additional rewards for high-performing Curators
Bug Bounties
Staking (by cycles/periods, not continuative)
Other community activities (quests, contests, community calls)
Part of our tokens will be used for market making and listing purposes in order to keep the correct stakes for listing and to make sure Market Makers work properly to reduce spread and slippage into the market. 25% of this amount will be unlocked upon TGE and the rest will be vested in a linear fashion over a 3-month period.
Seed Sale
5.5%
55,000,000
$0,0065
Presale
3%
30,000,000
$0,0085
Public Sale
5%
50,000,000
$0,01
Public Sale Bonus Program
2.5%
25,000,000
Team
10%
100,000,000
Advisors
5%
50,000,000
Marketing
7%
70,000,000
Partnerships
10%
85,000,000
Airdrops
5%
50,000,000
Curators program
12%
120,000,000
Reserves
13%
130,000,000
Exchange Liquidity
10%
100,000,000
Project Fund
12%
120,000,000
Total
100%
1,000,000,000