Fracton Token($FT)
Fracton protocol was officially launched on August 11, 2022. The Fracton token($FT) is a key part of Fracton infrastructure, as it serves as the governance token, encourages user participation, and is the primary payment token within the Fracton ecosystem.
$FT has a total supply of 100,000,000 tokens. Here is a breakdown of how these tokens will be distributed.
Segment | Allocation | Function |
---|---|---|
DAO Treasury | 51% | To grow the Fracton ecosystem and community. |
Mining Incentives | 14% | To incentive early adopters and active users |
Funding | 14% | Reserved to raise funding from strategic round and private/public sales |
Advisors | 5% | To reward advisors for the long-term success of Fracton |
Team | 10% | To compensate the core team members who developed the product and its infrastructures. |
Marketing | 3% | Reserved to create demand and influence taget audiences' behavior. |
IEO | 3% | IEO token allocation is the distribution of tokens to participants in an Initial Exchange Offering. |
Last modified 3mo ago