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.
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