Hello, this is KStarLive.
We are announcing our 2023 token release plan.
Release Period:
From Q1 of 2023 (January 1st, 2023) to Q4 of 2023 (December 31st, 2023)
Total Release Amount during the period:
95,000,000
Token Release:
Total token supply: 1,000,000,000
Current circulating supply (as of 4th quarter of 2022): 905,000,000
Total circulating supply (after token release): 1,000,000,000
Purpose of Token Release:
Team
Reserve
[1st Quarter of 2023: January 1st, 2023 — March 31st, 2023]
Team: 20,000,000
Ecosystem & Advisors & Partners: 0
Token Sale: 0
Reserve: 18,750,000
Planned token release amount for 1st quarter of 2023: 38,750,000
Cumulative token release amount by 1st quarter of 2023: 943,750,000
Total foundation balance: 56,250,000
[2nd Quarter of 2023: April 1st, 2023 — June 30th, 2023]
Team: 0
Ecosystem & Advisors & Partners: 0
Token Sale: 0
Reserve: 18,750,000
Planned token release amount for 2nd quarter of 2023: 18,750,000
Cumulative token release amount by 2nd quarter of 2023: 962,500,000
Total foundation balance: 37,500,000
[3rd Quarter of 2023: July 1st, 2023 — September 30th, 2023]
Team: 0
Ecosystem & Advisors & Partners: 0
Token Sale: 0
Reserve: 18,750,000
Planned token release amount for 3rd quarter of 2023: 18,750,000
Cumulative token release amount by 3rd quarter of 2023: 981,250,000
Total foundation balance: 18,750,000
[4th Quarter of 2023: October 1st, 2023 — December 31st, 2023]
Team: 0
Ecosystem & Advisors & Partners: 0
Token Sale: 0
Reserve: 18,750,000
Planned token release amount for 4th quarter of 2023: 18,750,000
Cumulative token release amount by 4th quarter of 2023: 1,000,000,000
Total foundation balance: 0
As of the 1st quarter of 2023, KStarCoin holds 95,000,000 tokens (prior to the token release). A total of 95,000,000 tokens are planned to be released from the 1st to the 4th quarter of 2023.
Thank you
KStarLive
