What is the distribution model for Ancient8 (A8) coins?

Ancient8's distribution model allocates tokens to its team for expertise, a treasury for strategic initiatives, investors via token sales, and ecosystem growth through community incentives, developer rewards, and strategic partnerships.

Dec 23, 2024 at 08:15 pm

Key Points:

• Distribution Model: Ancient8 (A8) tokens are distributed across various categories, including: Team, Treasury, Token Sale, and Ecosystem.
• Team: The team responsible for developing and maintaining the Ancient8 platform receives a portion of the token supply for their contributions.
• Treasury: A reserve of tokens is allocated to the treasury for strategic initiatives, such as business development, partnerships, and community growth.
• Token Sale: A portion of the token supply is sold to investors through a token sale to raise funds for the project's development and operations.
• Ecosystem: Tokens are allocated to support the development of the Ancient8 ecosystem, including community initiatives, developer rewards, and strategic partnerships.

Distribution Model:

1. Team:

• The team behind Ancient8, led by CEO Gabriel Dizon, CFO and COO Philip La, and CTO Bayu Santoso, receives a significant allocation of tokens as compensation for their expertise and dedication to the project.
• This allocation ensures the team's commitment to the long-term success of the platform and aligns their interests with those of the community.
• The team's tokens are subject to a vesting schedule to prevent excessive early sales and stabilize the token's supply.

2. Treasury:

• A reserve of tokens is set aside in the treasury to support the project's strategic initiatives.
• These tokens can be utilized for funding partnerships, acquiring strategic assets, and participating in market-making activities.
• The treasury serves as a contingency fund for the platform, ensuring it has the resources to navigate market conditions and unforeseen challenges.

3. Token Sale:

• A percentage of the token supply is sold to investors through a token sale to raise capital for the project's development and operations.
• The token sale allows the Ancient8 team to access funding from the crypto community and provides early investors with an opportunity to support the project.
• The token sale proceeds are allocated to cover development costs, marketing expenses, staff salaries, and other operational expenses.

4. Ecosystem:

• A portion of the token supply is dedicated to supporting the development of the Ancient8 ecosystem, including:

  • Community initiatives: Tokens are allocated to incentivize community members for their contributions, such as content creation, translation, and community management.
  • Developer rewards: Tokens are provided as incentives to developers for building and deploying tools, applications, and games on the Ancient8 platform.
  • Strategic partnerships: Tokens are allocated to form strategic partnerships with other blockchain projects, game studios, and industry leaders to expand the reach and utility of the platform.

FAQs:

Q: What is the vesting period for the team's tokens?
A: The vesting period for the team's tokens varies, with a significant portion vested over a period of 2-4 years. This structure encourages the team's long-term commitment to the project.

Q: How are tokens allocated to the community?
A: Tokens are allocated to the community through incentives for contributions, such as content creation, translation, and community management. These incentives aim to foster community engagement, build a passionate user base, and promote the growth of the Ancient8 platform.

Q: What is the purpose of the treasury reserve?
A: The treasury reserve serves as a strategic resource for the platform, providing the Ancient8 team with the flexibility to make investments in partnerships, acquire assets, and engage in market-making activities. This reserve ensures the project's long-term sustainability and its ability to seize growth opportunities.