Tokenomics
Last updated
Last updated
There will be a total of 1,000,000,000 HDAO tokens minted. Supply distribution will happen over time at scheduled phases for different purposes. Please read the token allocation section for more info. Nearly 70% will be controlled by the community.
The humanDAO network should be owned and operated by a diverse group of people. Not just those who can afford to buy the token or are fortunate enough to be early. Many of the communities we look to impact are not yet in crypto or web3. Long-term thinking and engineering are needed.
Therefore, a significant portion of the tokens (community allocation below) will be distributed over ten years to allocate tokens for long-term goals and align incentives for future participants. Ultimately DAO governance determines the community initiatives, allocations, and distribution.
TGE = token generation event
There were no private sales pre-launch
Summary | # Tokens | % | Notes |
---|---|---|---|
Community
550,000,000
55%
10% TGE and 90% 1yr lock + 10yr vesting
Founders
100,000,000
10%
5% TGE and 95% 1yr lock + 4yr vesting
Builders
100,000,000
10%
10% TGE and 90% 1yr lock + 4yr vesting
Advisors
50,000,000
5%
10% TGE and 90% 1yr lock + 3yr vesting
Treasury
150,000,000
15%
Varies
Public Sale/Launch
50,000,000
5%
No lock