Tokenomics
A total of 200,000,000 $MLS has been issued since our IEO.
Initial Distribution is as follows:
Distrubution, vesting and burn are as follows:
| Distribution | Total Supply | % | Total Minted | Released | Qty After Release | Burn Amount | Qty After Burn | Vesting Schedule |
|---|---|---|---|---|---|---|---|---|
Company Reserves | 10,000,000 | 5% | 10,000,000 | 0 | 10,000,000 | 5,000,000 | 5,000,000 | Not locked |
Angel Financing | 10,000,000 | 5% | 2,500,000 | 2,500,000 | 7,500,000 | 5,000,000 | 2,500,000 | 15% will be unlocked at the end of the first quarter after the end of the IDO, 5% will be unlocked at the end of each subsequent quarter, 15% will be unlocked in the 16th quarter, and all will be unlocked in 4 years. |
Liquidity Pool | 2,000,000 | 1% | 2,000,000 | 2,000,000 | 0 | 0 | 0 | Not locked |
Private Round | 16,000,000 | 8% | 3,000,000 | 3,000,000 | 13,000,000 | 8,000,000 | 5,000,000 | 6.25% will be unlocked at the end of each quarter after the end of the IDO, and all will be unlocked in 4 years. |
IDO | 500,000 | 0.25% | 500,000 | 500,000 | 0 | 0 | 0 | Not locked |
IEO | 1,500,000 | 0.75% | 1,500,000 | 1,500,000 | 0 | 0 | 0 | Unlock 25% immediately, then 25% every two months for the next 6 months |
Team | 30,000,000 | 15% | 0 | 0 | 30,000,000 | 20,000,000 | 10,000,000 | 6.67% will be unlocked 6 months after IDO, and 6.67% will be unlocked every subsequent quarter and all will be unlocked in 4 years |
Marketing Fund | 6,000,000 | 3% | 6,000,000 | 1,870,000 | 4,130,000 | 2,000,000 | 2,130,000 | Not locked |
Community Treasury | 124,000,000 | 62% | 103,600,000 | 5,670,000 | 118,330,000 | 60,000,000 | 58,330,000 | Not locked; to be released at a rate reduced year-by-year according to release rules. |
Total | 200,000,000 | 100% | 258,200,000 | 17,040,000 | 365,920,000 | 200,000,000 | 165,920,000 |
Company Reserves Public Address: 0x337E5461fa1e99871a9C893e78bd9851e5ba1759
Marketing Fund Public Address: 0x18AAd1890e7d686d77d36CcB382b042b783e0C62
Last updated
