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.
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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