Token Issuance Plan and Conditions

category

ratio

quantity

Eco system (Coin User Rewards )

50%

500,000,000

Half-life 5 years /Total annual emission for the first 5 years after listing 35 million coins

Development

3%

30,000,000

From 12 months after listing, 7,500,000 coins are to be issued four times every six months

Partners

3%

30,000,000

5,000,000 coins will be issued annually for the first two years from the 12 months after listing, and 2,500,000 coins will be issued annually for the next eight years

Reserve

3%

30,000,000

3 million coins will be issued annually for 10 years from 2024

Marketing

3%

30,000,000

5,000,000 pieces per year for the first two years after listing, and 2,500,000 pieces per year for the next eight years for 10 years

Token Sale

30%

300,000,000

Sequential sales after IDO

Advisor

1%

10,000,000

20% at 18 months after listing, 30% at 24 months, 50% at 30 months after listing

Team

7%

70,000,000

20% distribution in 12 months after listing, 30% after 18 months, and 50% after 24 months. However, 10%-100% distribution is possible for some essential team members from 2024

Total

100%

1,000,000,000

 

In the plan for token issuance and distribution, conditions concerning Lock up and Vesting are provided in the agreement related to the foundation with respect to tokens granted to Advisors and Teams. However, no conditions inherent lock up or vesting is contained in tokens currently issued. Therefore, such matters are not stated in the plan of issuance and distribution. However, conditions concerning Lock up and Vesting provided in the agreement with the Advisor and Team are reflected in the 'Coin Emission by Category' graph below. In addition, the token issuance plan to be used for Development, Partners, Reserve, and Marketing, based on the premise of early issuance, was estimated from the foundation's plan and conservative position.

The plan of token issuance and distribution estimated, based on the foundation's future operation plan and agreements with advisors and teams, the quantity of token issued for each category by year. However, the quantity of token issued may change depending on future market conditions and work progress, and the listing of tokens is assumed to be in April 2024.

The foundation has plans to replace the current coin with Smart Coin in the future. In issuing smart coins, it is planned to have Lock up and Vesting, etc. contained in the coin.

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