BHO Network Tokenomics Update
New Tokenomics adjusted the total token sales across rounds, dropping from 40% to 15%. Citing that the project has reached its development stage with the available technical infrastructure, this update ensures the highest interests for existing and future investors.
In addition, New Tokenomics has increased Marketing allocation from 10% to 12% to promote more community development activities.
Most importantly, 6 new and reallocated categories have been added in order to strengthen BHO Network's sustainable global development, while ensuring long-term benefits for investors:
- 2% Liquidity: To provide liquidity on exchanges.
- 10% Strategic Business Partnerships: To support enterprises that are building businesses using the BHO Network's technology and network. Examples can be a studio launching a new NFTs game on our platform or institutions looking to tokenize assets on our network.
- 10% Strategic Tech Innovation: To support tech innovators that are developing core tooling and infrastructure on BHO Network and to secure future Polkadot/Kusama parachain slot leases.
- 5% Community Treasury: Community initiatives (e.g., liquidity incentives, strategic program rewards, etc.).
- 6% Team & Advisor Bonus: Talent acquisition, team and advisor bonus to ensure the project's long-term success at the highest level.
- 5.2% Legal & Compliance: To fund legal framework research, custodial services, license and other regulatory requirements, government relations and public affairs.
Total Supply remains at 10,000,000,000 (10B) BHO, with a 3-year release roadmap reaching till the end of September 2024, as specified below. Day Zero (Day 0) is the date of exchange listing: Saturday, 25th September.
|Private Sales||20% quarterly vesting starting at Day 30|
|Early Bird||25% quarterly vesting starting at Day 30|
|Initial Member Offering (IMO)||100% unlocked at Day 0|
|Marketing||12% unlocked at Day 0, then 8% quarterly vesting in 11 quarters|
|Liquidity||50% unlocked at Day 0, then 5% monthly vesting in 10 months|
|Ecosystem||5% unlocked at Day 0, then starting at Day 120, a 3% monthly vesting in 32 months|
|Strategic Business Partnership||30% unlocked at Day 30, then 2% monthly vesting in 35 months|
|Strategic Tech Innovation||30% unlocked at Day 30, then 2% monthly vesting in 35 months|
|Community Treasury||Monthly vesting starts from Day 30, with 3% per month for 32 months, then 4% for the last month|
|Team & Advisor Bonus||30% unlocked at Day 30, then 2% monthly vesting in 35 months|
|Legal & Compliance||Monthly vesting starts from Day 30, with 3% per month for 32 months, then 4% for the last month|
|Founding Team||Monthly vesting starts from Day 30, with 3% per month for 32 months, then 4% for the last month|
Published on August 15, 2021
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