Allocation & vesting
VRX plans to allocate its token funds to enhance its platform and ecosystem, focusing on technological advancements and asset trade, transfer and storage regulation. Additionally, investments will be channeled into partnerships, marketing, and operations to improve user services, brand visibility, and user experience.
A significant portion of the funds will be dedicated to developing gaming products as a further showcase to the marketplace utility.
Token Allocation
28% Rewards (280 million)
Founders
Pro Elite
Seed
Boosters
20% Community (200 million)
Foundation
Project grants
19% Marketing (190 million)
Content contibutors
Influencers
Brands partners
19% Company (190 million)
Operations
Platform development
14% Team (140 million)
Core team
Advisors
Vesting Schedule
More detail on vesting will be released closer to confirmed IEO. Proposed overall vesting is visualised in the graph below. Lockup and vesting is subject to change prior to finalisation of relevant issuance and distribution of tokens.
Rewards - 28% (280 million)
Founders - 2%
Unlock at launch - 10%
Lockup - 12 months
Vesting - 12 months
Pro Elite - 2.4%
Unlock at launch - 10%
Lockup - 12 months
Vesting - 12 months
Seed - 10%
Unlock at lauch - 10%
Lockup - 6 months
Vesting - 12 months
IEO - 1.6%
Unlock at launch - 100%
Booster allocation - 12%
Unlock at launch - 0%
Lockup - 12 months
Vesting - 12 months
*All tokens issued from the rewards allocation above are eligible for Booster airdrops.
Company - 19% (190 million)
Unlock at launch - 0%
Vesting - 48 months
Marketing - 19% (190 million)
Unlock at launch - 0%
Vesting - 72 months
Team - 14% (140 million)
Core team - 10%
Unlock at launch - 0%
Lockup - 12 months
Vesting - 24 months
Advisors - 4%
Unlock at launch - 10%
Lockup - 12 months
Vesting - 24 months
Community - 20% (20 million)
Foundation - 10%
Unlock at launch - 0%
Lockup - 12 months
Vesting - 12 months
Project grants - 10%
Unlock at launch - 0%
Lockup - 6 months
Vesting - 24 months
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