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Allocations & Unlock Schedule
Ownership, Distribution & Vesting of the ERC-20 token
OWNED will be unlocked in a pre-determined schedule, with about 90% of the tokens coming into circulation at the end of 6 years (from 1st March 2022).
The total supply of OWNED tokens will never exceed 20,000,000,000 tokens. The supply will be deflationary in nature.
Type | % Allocation | Release Schedule |
|---|---|---|
Play to Earn Rewards | 24% (4,800,000,000) | 10 years (Reducing Supply) |
Staking Rewards | 21% (4,200,000,000) | 10 years (Reducing Supply) |
Team | 24% (4,800,000,000) | 4 years, Cliff - 12 months |
Marketing | 7% (1,400,000,000) | Over 6 years |
Liquidity Reserve | 5% (1,000,000,000) | Over 10 years |
Advisors | 5% (1,000,000,000) | 4 years, Cliff - 6 months |
Seed Round | 6.2% (1,240,000,000) | 3 years, Cliff - 6 months |
Private Sale | 3.8% (760,000,000) | 3 years, Cliff - 6 months |
Public Sale | 4% (800,000,000) | 2 years, No Cliff |
Below is the unlock schedule for the OWNED token
Token Unlock Schedule
Some important points on the unlock schedule are:
- Play to Earn and Staking Reward tokens will be issued as reducing supply at a rate of 0.08% daily of the remaining supply.
- Some of the tokens in the treasury might be used for burning, hence, reducing the total supply of the OWNED token.
- A detailed plan for Treasury Management will be released in Q2 2022.
Last modified 1yr ago