Zircuit token economic model: Total ZRC is 10 billion, 21% is used for airdrops and community rewards
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Foresight News announced that Zircuit has released its token economic model: the total supply of ZRC tokens is 10 billion, of which 21% is used for airdrops and community rewards, including 7% for the first quarter airdrop (snapshot taken on July 8 at 00:00), 3% for the second quarter airdrop (snapshot taken on November 20 at 13:00), and 2.45% for activity airdrops, all of which will be unlocked at the TGE, with the remaining 8.55% for future airdrops, with a 6-12 month lock-up period and a 24-month linear release.
The remaining allocation is: 18.74% for the team, 18.70% for the foundation, 17.93% for ecosystem development, 13.08% for community-defined purposes, and 10.55% for investors, all of which have a 1-year lock-up period and a 24-month linear release.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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