By: Geeq  on Jan 10, 2024

At the beginning of last year, we updated our tokenomics and moved 8,977,778 tokens from the unissued supply to the marketing wallet to continue being able to meet our token commitments.

Due to the increased staking offerings and low token value, we have used these tokens faster than anticipated as some of those commitments are in dollar value. We had to pull forward some of the 500k per month allocation in 2023 to meet certain end-of-year token commitments due.

As a result of this, in Q1 of 2024, we will be moving 10,000,000 tokens from the unissued supply to the marketing wallet for the year 2024.

To verify the continuity of the initial tokenomics, please check the Token FAQ archives, specifically here.

Disclaimer:

The details of the rounds, liquidity and monetary policy, tokenomics and distribution may change depending upon conditions in the current regulatory, financial, and legal environment, agreements with liquidity providers, coding and other technical considerations. Tokenomics and distribution will not change following the conclusion of the pre-round allocation.

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