PolkaCipher Token Economics Revealed
Tokenomics (token economics or crypto-economics) study the economic institutions and policies of the distribution, production, and distribution of goods and services that have been tokenized. Blockchain technology has become the driving force of innovation on the internet.
PolkaCipher is a Polkadot-based privacy-preserving oracle network focused on bringing the use case of private NFTs to off-chain businesses and be a bridge for seamless integration to on-chain Defi apps. PolkaCipher’s unique offerings help push the use-case of the NFTs in real-world scenarios while still being connected to a cross-chain network that is fair and accurate. PolkaCipher intends to achieve business goals by helping users transact privately and securely using NFTs as a mode of access to different decentralized apps.
TOKENOMICS
TOKEN SYMBOL: CPHR
TOTAL SUPPLY: 1,000,000,000
TOKEN FOR SALE: 189,000,000
PRIVATE SALE VESTING
Thirteen percent released at TGE, then one month cliff linear release for remaining tokens over 10 months.
TOTAL RELEASED AND INITIAL MARKETCAP
TOTAL SALE TOKEN RELEASED AT TGE: 31,000,000
TOTAL PERCENT OF SALE TOKEN RELEASED ON TGE: 3.1 Percent
For detailed token economics, sale, and allocation, users can access this link here
About PolkaCipher
PolkaCipher is a privacy-preserving oracle network on the Polkadot Blockchain focused on bringing the use case of private NFTs to off-chain businesses and be a bridge for seamless integration to on-chain Defi apps.
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