INW Distribution plan
Last updated
Last updated
10M INW tokens are available to be acquired by the public at fixed price. There is no vesting for this token and tokens are released immediately.
90M INW tokens are available to be acquired by the public at lower fixed price than 10M INW token above. 5% of tokens will be released immediately at point of purchase. The rest will be distributed on daily basis after the sale ends for 18 months.
Once the public sale is completed, INW tokens will be traded on DEX such as Common and PanoramaSwap. Any unsold tokens will be burnt right after the public sale ends.
We might distribute 50M INW to strategic investors. In some circumstances, we might put this use this fund to facilitate users with more INW to operate functions on the platform when Official Public Sale has ended while INW has not been listed on any DEX or CEX. If no strategic investor found, after INW is listed on a DEX or CEX, these tokens will be burnt.
The treasury pool holds 100M INW tokens and will be used to fund projects on Aleph Zero network
50M INW tokens are for public airdrops, bounty programs and partners
Founding team holds 100M INW tokens but these tokens can only be unlocked 2 years from the platform launch date.
500M INW tokens are for Reward Pool and will be used to reward the users of Ink Whale Platform, ArtZero NFT Marketplace and partner projects in Aleph Zero ecosystem. Some examples of usage but not limited to:
Creating Staking Pools to reward NFT/token stakers
Reward traders on Ink Whale Order-book DEX
Reward traders on ArtZero NFT Marketplace
100M INW tokens will be brought to Ink Whale platform on 5irechain network and a bridge will be built to swap INW between Aleph Zero and 5irechain.
In circumstances as Ink Whale is expanded to other chains, an amount of INW tokens will be brought to Ink Whale on these networks. These amount will be taken from Reward Pool with the exact amount TBC later.
The estimated time to distribute all of Reward Tokens is around 10 years.
