Distribution of Tokens
37,5% of the total supply (30M) is allocated for the validators, and delegation rewards. Reward price will vary on transactions per block, one block may contain a maximum of 10,000 transitions. In this case the validation reward can be 0,005GSX per transaction.
17,5% of the total supply (14M) is allocated for Community Initiative and reserve. This allocation contains the followings: staking rewards, community game rewards, contribution rewards, treasury, token burn and airdrop.
From this allocation we use some of the tokens to inspire existing and future users to join and use the platform actively in the form of games and community engagement to get a better impact on the community, and on the market.
Airdrops and Community Game Rewards will be tied to community activity and activities in connection with G6 Networks project.
12,5% of the total supply (10M) is allocated for the seed round, the date of this round is not enclosed yet, probably it will take place after the second milestone.
10% of the total supply (8M) is allocated for CEX and DEX listing. DEX listing will follow CEX listing, if it is needed. The allocated tokens will be used for liquidity providing during the project lifetime. We cannot yet determine exactly on which CEX the first listing will be, but the negotiations have already started.
12,5% of the total supply (10M) is allocated for the IDO, the hardcap for the project is $6,228,000. Individuals are able to buy the G6 Networks token through our tokensale platform. Token bought during the sale will have no locking period.
5% of the total supply (4M) is allocated for the pre-seed round, the token price is lower in this round than during the IDO. Tokens are locked for 12 months and vested for an additional 12 months after the locking period ends. Everyone participating during this period will receive their token share on a monthly basis.
5% of the total supply (4M) is allocated for the team and its members, as they receive a certain percentage of their salary in the form of GSX tokens. These tokens are tied to a vesting model, every member will receive the tokens with a 3 months of vesting period.
The following departments are also associated with this group: Development, Marketing, PR, Legal and Compliance, Business Development and Operational Expenses.
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