Shegby - the Network State
  • Shegby
  • Introduction to Shegby: KYC in Web3
  • How does Shegby work?
  • The Network State
    • Shegby's Network State Concept
    • Use Cases and Applications
    • Future Directions and Potential Impact
  • Human Rank
    • Introduction to HumanRank
    • Exploration of current KYC methods
    • HumanRank Principles
  • TOKENOMICS
    • Token Summary
    • Token Distribution
    • Trustees
    • Disclaimer
  • Shegby Platform Information
    • Market Opportunities
    • Market Analysis and Size
    • Revenue Model & Customers
    • Roadmap and Milestones
    • Team (We're hiring!)
    • Legal Entities & Contacts
  • The Whitepaper and the Website
  • User Terms and Conditions, Privacy Notice, and Cookie Policy
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  1. TOKENOMICS

Token Distribution

PreviousToken SummaryNextTrustees

Last updated 1 year ago

Team and Advisors: 5% of the total token supply (1,050,000 tokens). Tokens are locked and will be airdropped in equal monthly instalments for 1 year, starting 30 days after the listing date.

Investors: 5% of the total token supply (1,050,000 tokens). Investor Tokens are locked and will be airdropped in equal monthly instalments for 1 year, starting 365 days after the Listing Date.

Community Distribution: 5% of the total token supply (1,050,000 tokens) will be airdropped to the wallets of eligible users before the token is listed on a CEX.

Token Reserve: The remaining 85% of the total token supply (17,850,000 tokens) will be held in the project vault Safe{Wallet}.

Token Distribution
% of Total Supply
Total Tokens
Lockup Details

Team and Advisors

5%

1,050,000

Tokens are locked and will be airdropped in equal monthly installments for 1 year, starting 30 days after the listing date.

Investors

5%

1,050,000

Investor tokens are locked and will be airdropped in equal monthly installments for 1 year, starting 365 days after the listing date.

Community Distribution

5%

1,050,000

Tokens will be distributed to eligible users' wallets before the token is listed on a CEX.

Token Reserve

85%

17,850,000

Tokens will be held in the project vault Safe{Wallet}.

Examples of the use of the Token Reserve: Retrospectively, 12,000 tokens (0.05714%) with a cap of up to 20,000 tokens (0.09524%) were allocated from the Token Reserve at the time of the TGE (31 October 2023) and for the purpose of testing liquidity pools, airdrop distribution mechanisms, governance mechanisms, etc.

From the reserve, 5-10% of the tokens may be allocated to market makers on dates to be determined closer to the listing of the token on exchanges.

The same applies to the activation of the ecosystem: 5% of the total supply of tokens (1,050,000 tokens) will be stored in the Safe{Wallet} project vault and can be spent at the discretion of the majority of project participants from among the trustees and/or a qualified majority.


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https://linktr.ee/shegby