Token Allocation
Last updated
Last updated
FLKZ Token Allocation
FLKZ token serves as the cornerstone of the Flickrz ecosystem, adhering to the BEP-20 standard and compatible with BNB. With a total supply of 1 billion tokens, the allocation has been strategically divided as follows:
In order to ensure controlled token release and prevent market flooding, FLKZ token vesting will follow the specified schedule:
Community (40%)
Quantity: 400,000,000 tokens
Distribution Schedule: No tokens allocated at the Token Generation Event (TGE), with a 22-month cliff, followed by a 36-month quarterly release. Total TGE + 58 months.
Team (15%)
Quantity: 150,000,000 tokens
Distribution Schedule: No token allocation at TGE. The vesting happens monthly with a 22-month cliff, and the release continues over 24 months. Total TGE + 46 months.
Advisory (5%)
Quantity: 50,000,000 tokens
Distribution Schedule: No token allocation at TGE, vesting monthly, 16 months cliff, release over 12 months. Total TGE + 28 months.
Marketing (20%)
Quantity: 200,000,000 tokens
Distribution Schedule: 4% TGE, then vesting monthly with a 10-month cliff, followed by a 32-month vesting period after TGE. Total TGE + 32 months.
Pre-Seed and Seed (20%)
Quantity: 200,000,000 tokens
Distribution Schedule: 18% TGE, 13-month cliff, then vesting monthly with a 6-month release period. Total TGE + 19 months.
By adhering to this vesting schedule, FLKZ token distribution will be managed in a manner conducive to the stability and sustainability of the Flickrz ecosystem, ensuring fair and gradual access to tokens for all stakeholders.
Vesting plans will be implemented to ensure a stable token economy and prevent token flooding. The vesting period will be either 48 months or 60 months, with a detailed distribution plan for each category.
During the Pre-Seed, Seed, Private, and KOL rounds, Flickrz Protocol successfully raised $3.25 million. Specifically, in the Seed round, a total of 187,500,000 FLKZ tokens were made available at a price of $0.004 per token. Additionally, in the Private round, 150,000,000 FLKZ tokens were offered at a rate of $0.01 per token.
Prominent venture capital firms, including Bitcoin.com, GDA Capital, X21, CV VC, Magnus Capital, Basics Capital, MEXC, Stakez Capital, Master Ventures, Tokenova, Marathon Capital, and others, actively participated in these fundraising rounds, demonstrating confidence in the Flickrz ecosystem.
For the upcoming Initial Vesting Offering (IVO) and Initial DEX Offerings (IDOs), a total of 60,833,300 FLKZ tokens will be made available to the public at a price of $0.012 per token, resulting in a hard cap of $730,000.
These fundraising efforts reflect strong support and interest from both institutional and retail investors in the Flickrz project, laying a solid foundation for its growth and development in the future.
