BATBET VESTING SCHEDULE
1. Introduction
The token vesting schedule is a crucial element of the project's tokenomics that ensures long-term motivation for the team, investors, and partners, as well as the stability of the ecosystem. This document presents a detailed vesting schedule for various categories of participants, including the team, investors, and partners, specifying the timelines, lock-up periods, and unlocking stages for the tokens.
2. Participants and Token Distribution
The total token supply for the project is 1,000,000,000 tokens. These tokens will be distributed among the team, investors, partners, and the community to balance the interests of all participants and ensure the project's longevity.
20% (200,000,000 tokens) - NFT Genesis Mint
13% (130,000,000 tokens) - Active User Rewards
15% (150,000,000 tokens) - Team
17% (170,000,000 tokens) - Marketing
15% (150,000,000 tokens) - Liquidity
10% (100,000,000 tokens) - Seed Round (early investors)
5% (50,000,000 tokens) - Treasury (Reserve)
5% (50,000,000 tokens) - Research and Development
3. Token Vesting Schedule
3.1 Team (150,000,000 tokens)
Tokens for the project team will be unlocked over 4 years, starting with a 1-year lock-up period (cliff). The vesting will occur linearly.
Cliff (Lock-up Period): 1 year (12 months). During the first year, the team tokens are locked.
Vesting Period: 4 years with 1-year cliff.
Unlocking Stages:
Year 1: All tokens are locked (cliff).
Year 2: 25% of tokens are unlocked.
Year 3: 50% of tokens are unlocked.
Year 4: 75% of tokens are unlocked.
Year 5: 100% of tokens are available.
3.2 Investors
Investors who support the project in its early stages will receive their tokens with shorter delays to encourage their long-term commitment. A 6-month cliff is provided for them.
Cliff (Lock-up Period): 6 months.
Vesting Period: 2 years.
Unlocking Stages:
Year 1: 50% of tokens will be unlocked 6 months after TGE.
Year 2: The remaining 50% will be unlocked in equal monthly installments over the next year.
3.3 Marketing (170,000,000 tokens)
Tokens allocated for marketing will be used for advertising campaigns, influencer collaborations, esports team sponsorships, and other events. These tokens will be unlocked quarterly.
Cliff (Lock-up Period): 0 months (tokens can be unlocked from day one).
Vesting Period: 2 years with quarterly token unlocks.
Unlocking Stages:
- The unlocking will occur in equal installments over 2 years.
3.4 Liquidity (150,000,000 tokens)
Liquidity tokens will be used as needed to maintain platform liquidity for betting and in-game assets. These tokens will be available but may be temporarily locked depending on ecosystem needs.
Cliff (Lock-up Period): None, but may be locked to maintain stability.
Vesting Period: As needed to maintain platform liquidity.
3.5 Treasury (50,000,000 tokens)
Treasury tokens will be held to finance future developments, manage risks, and cover unforeseen expenses. Access to these tokens will be provided as needed.
Cliff (Lock-up Period): None, tokens remain in reserve.
Vesting Period: As needed for operational needs.
3.6 Seed Round (100,000,000 tokens)
Tokens for early investors will be provided with individual vesting terms that will be agreed upon separately.
Cliff (Lock-up Period): 6 months.
Vesting Period: 2 years.
Unlocking Stages:
- 100% of the tokens may be unlocked as milestones are reached or according to the terms of agreements with investors.
3.7 NFT Genesis Mint
Tokens associated with the Genesis NFT mint will be available immediately after the event is completed. These tokens will be unlocked without vesting, ensuring immediate access to them right after the TGE (Token Generation Event).
3.8 Active User Rewards
Tokens for active user rewards (13% of total supply) will be unlocked as they are used to reward users for participating in betting, lotteries, cases, and other activities on the platform.
4. Additional Terms
Token Redistribution: In case of non-fulfillment of obligations by participants, tokens may be redistributed or locked.
Early Token Release: In exceptional cases, if the project achieves significant milestones or strategic goals, early release of a portion of the tokens may be considered at the discretion of the project management.
Monitoring and Review: The vesting schedule will be reviewed as necessary, taking into account market changes or shifts in the project strategy. All changes will be officially documented and approved by the key project participants.
5. Conclusion
This vesting schedule ensures a fair and long-term distribution of tokens among key project participants, including the team, investors, and partners. It creates motivation and stability mechanisms, supporting the project in the long term and strengthening trust among all ecosystem participants.