According to Mars Finance news, on December 30, the Web3 AI project FLock.io officially announced the token economic model of its FLOCK token. It is reported that the total supply of FLOCK tokens is 1 billion, of which 66.7% of the tokens are allocated to the community and ecosystem to ensure long-term sustainability and incentivize contributions. As part of this commitment, FLock will distribute 50,000,000 tokens (5% of the total supply) to FLock's early users and community. After the initial airdrop, the first mainnet model of FLock.io will be launched.
Previously reported, the Web3 AI project FLock.io announced the completion of a $6 million seed round financing in March this year, led by Lightspeed Faction and Tagus Capital, with participation from DCG, OKX Ventures, and Volt Capital. Subsequently, in September this year, it announced that it had received a grant from the Ethereum Foundation Research Fund for the 2024 academic funding round. In the past few days, it announced the completion of a $3 million strategic round of financing, led by DCG, with Lightspeed Faction making a follow-up investment.
