On April 21, the on-chain token distribution protocol Sign announced the allocation mechanism for SIGN tokens. SIGN will have a total supply of 10 billion tokens, minted on the Ethereum Primary Network and simultaneously distributed through BNB Chain and Base networks to expand user community reach.
In this allocation plan, 40% of the total SIGN tokens will be dedicated to community incentive programs. Specifically, 10% will be airdropped immediately during the Token Generation Event (TGE), while the remaining 30% will serve community rewards and future airdrops. Additionally, 20% of SIGN tokens will be allocated to project supporters, reflecting a long-term commitment to strategic partners. Another 10% will be reserved for early founding members, recognizing their initial contributions to the project's development.
To promote ecosystem growth, 10% of tokens are also dedicated to developing related products and services. Moreover, 20% of the supply will be transferred to the foundation fund to support long-term operational activities and maintain sustainability. The community plays a crucial role in this ecosystem, so 12% of tokens will be allocated to core collaborators who have and will make significant contributions to the project.
Furthermore, Sign has allocated 3.5% of tokens to promote transaction liquidity, ensuring market stability and easy accessibility. To ensure legal compliance and operations, 2% of the supply will be allocated to compliance and operational budgets. Finally, 0.5% of total SIGN tokens will be used for charitable activities, demonstrating a commitment to social contribution.
Sign also announced that it will perform an on-chain asset snapshot at 19:00 on April 25 (Vietnam time) to determine the list of users eligible for airdrop and related benefits.
Previously, in January this year, the project raised $16 million in a funding round led by Yzi Labs (Binance Labs).
