Bware Labs Tokenomics Revealed
The platform that provides an interface between Blockchain APIs consumers and node providers , Bware Labs, revealed its tokenomics. The Bware Labs tokens $BWR will be deployed on the Ethereum, Binance Smartchain and Avalanche blockchains in June 2021. The total supply of Bware Labs tokens is 100M (100,000,000).
Token sale
- 17.5M tokens were sold in a Private Investment round at 0.07 USD per token with 20% token unlock at TGE, and with the rest linearly unlocked, starting with 3 months after TGE, until 12 months after TGE.
- 2.5M tokens will be sold in a Public Investment round at 0.09 USD per token, fully unlocked at TGE
Initial circulation supply starts with 6,200,000 tokens but the self-provider staking and Dex liquidity tokens are NOT included in the Initial circulation supply. Self-provider staking will be used for Pools staking in a temporary centralized manner, to ensure the stability of the platform until the network is ready to start the decentralization process. After the decentralization process, the network will reach the desired state where the Bware Labs team acts as a support and maintenance provider only.
ABOUT BWARE LABS
Bware Labs provides an interface between Blockchain APIs consumers and node providers with integrated payment options and verified reliability, all embedded within our platform and protocol service.
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