Launch and Initial Token Distribution
Below are the sale, distribution and vesting schedule of $ILOCK tokens.
The basics
| Overview | |
|---|---|
| Total Supply of Tokens | 1,000,000,000 |
| TDE Target Date | Sep/2022 |
| % Public Sale of Supply (up to) | 5.0% |
| Public Sale Valuation | 120,000,000 |
Sale
| Raise | Valuation Cap | Bonus Amount | Relevant Price | Tokens | Discount | % of Tokens | |
|---|---|---|---|---|---|---|---|
| Seed | $0 | $0 | 50% | $0.000 | 0 | 100% | 0.00% |
| Pre-sale 1 | $2,188,000 | $45,000,000 | 25% | $0.045 | 48,622,222 | 63% | 4.86% |
| Pre-sale 2 | $4,000,000 | $60,000,000 | 20% | $0.060 | 66,666,667 | 50% | 6.67% |
| Pre-sale 3 | $5,000,000 | $100,000,000 | 15% | $0.100 | 50,000,000 | 17% | 5.00% |
| Sub Total | $11,188,000 | 165,288,889 | 16.53% | ||||
| Public Sale (Up to) | $6,000,000 | $0.120 | 50,000,000 | 5.00% | |||
| Total | $17,188,000 | 215,288,889 | 21.53% |
Distribution
| % of Tokens | # of Tokens | |
|---|---|---|
| Early Backers | 2.0% | 20,000,000 |
| Pre-sale 1 | 4.9% | 48,622,222 |
| Pre-sale 2 | 6.7% | 66,666,667 |
| Pre-sale 3 | 5.0% | 50,000,000 |
| Founder/Team | 20.0% | 200,000,000 |
| Outlier Ventures | 4.0% | 40,000,000 |
| Advisors | 2.5% | 25,000,000 |
| Community | 30.0% | 300,000,000 |
| Foundation | 16.3% | 162,711,111 |
| Partners | 3.7% | 37,000,000 |
| Total | 100% | 1,000,000,000 |
Vesting
| **** | Monthly Payments | Initial Cliff | Vesting Start | Vesting End | Monthly |
|---|---|---|---|---|---|
| Early Backers | 24 | 1 | Oct 2022 | Sep 2024 | 833,333 |
| Pre-sale 1 | 18 | 1 | Oct 2022 | Mar 2024 | 2,701,235 |
| Pre-sale 2 | 15 | 1 | Oct 2022 | Dec 2023 | 4,444,444 |
| Pre-sale 3 | 12 | 1 | Oct 2022 | Sep 2023 | 4,166,667 |
| Public Sale | 1 | 0 | Sep 2022 | Sep 2022 | 50,000,000 |
| Core Team | 36 | 6 | Mar 2023 | Feb 2026 | 5,555,556 |
| Outlier Ventures | 24 | 1 | Oct 2022 | Sep 2024 | 1,666,667 |
| Advisors | 24 | 1 | Oct 2022 | Sep 2024 | 1,041,667 |
| Community | 48 | 0 | Sep 2022 | Aug 2026 | 6,250,000 |
| Foundation | 84 | 1 | Oct 2022 | Sep 2029 | 1,937,037 |
| Strategic partners | 1 | 0 | Sep 2022 | Sep 2029 | 37,000,000 |