Team allocation for SCOneX tokens

SPORTCASH ONE
Sportcash One AG
Published in
2 min readJun 8, 2021

--

Lets start the week with great news for SCOneX holders ⚡️
We have nearly 12.7% of the total sconex in circulation now
(around 12.7 Million).

The original plan was to reserve 10% of the total token supply for the team (around 10 Million).

The new plan is to reserve 10% of the tokens that are in circulation for the team and not more than 10% of the total supply.

The first 5% of the tokens will be delivered 12 months after the IEO and will be delivered with a monthly vesting schedule.

The other 5% will be delivered 2 years after the IEO with the same monthly vesting schedule.

Stats SCOneX Tokens in circulation

https://dev.pywaves.org/assets/EnBAWjayxUrwL7KMTBvRzcS5RqGYwFfLPD4tFVu4Mpj3

Learn more about Sportcash One :

WHAT IS SPORTCASH ONE?

An innovative financial system for the Sports & E-sports industries that connects athletes, gamers, clubs, brands, fans and sponsors. Our platform creates a bridge between the global sports market and the rapidly growing DeFi (“decentralized finance”) industry. Sportcash One gives fans and investors the ability to finance and invest in their favorite teams and athletes, as well as buy, sell and trade voting rights for a range of club decisions.

--

--

SPORTCASH ONE
Sportcash One AG

Sportcash One is The #1 Sports & Media NFT Marketplace and tokenization solutions for the sports industries