DeBox announces token economics, 20% of total BOX tokens allocated to the foundation
On September 9th, DeBox, a Web3 social platform based on DID, announced its token economics for its native token BOX, with a total supply of 1 billion. The distribution is as follows:
35% allocated for ecosystem rewards; 20% allocated for the foundation;
20% allocated for investors and advisors, with a duration of 2 years;
17% allocated for core contributors, with a duration of 4 years, including current and future team members;
5% allocated for airdrops, which have already been released to community participants through a one-time airdrop; 3% allocated for liquidity and marketing;
Its ecosystem points vDBX can be exchanged 1:1 for BOX, and the exchange application will be opened soon.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Expert Reveals Obstacle Keeping XRP Price from Big Rally as This Ripple Rival Aims for 12000x Run
Significant Bitcoin, Ethereum and Litecoin Move by US Giant Company
A major US company has announced that it will now accept various cryptocurrencies, including Bitcoin, from its customers.
Analysis Company Makes Prediction for Bitcoin After the US Election: “Even If Donald Trump Wins…”
Cryptocurrency analysis company QCP Capital made a new future prediction for the Bitcoin price in its statement.