BitDAO is one of the world’s largest token governed treasuries and is empowering the next generation of Web3 organizations.
I. Project Introduction
BitDAO has billions in existing assets and incoming contributions. BitDAO aims to support builders of the decentralized economy. It is an open platform for proposals by BIT token holders. It is agnostic to chains and projects.
The treasury will be deployed into multiple labs and entities who will employ hundreds of builders. These entities will look to incubate hundreds of projects, of which BitDAO will have direct and indirect ownership.
II. Token Information
1) Basic Information
Token name: BIT (BitDAO)
Total supply: 10,000,000,000
Tokens in Circulation: 374,400,000
2) Token Distribution and Token Release Schedule:
|Category||Total Supply||Available at Launch||Cliff Period||Vesting Schedule After Cliff|
|Private Sale||5%||0%||3 months||Vested linearly over 12 months|
|Launch Partner Rewards||5%||5%||N/A||N/A|
|BitDAO Treasury||30%||10%||3 months||Vested linearly over 12 months|
|Bybit Locked||45%||0%||12 months||Vested linearly over 24 months|
III. Related Links
Official Website: https://www.bitdao.io/
Blockchain explorer Links: https://etherscan.io/address/0x1A4b46696b2bB4794Eb3D4c26f1c55F9170fa4C5
Whitepaper Link: https://docs.bitdao.io/
Note: The project introduction comes from the materials published or provided by the official project team, which is for reference only and does not constitute investment advice. Huobi does not take responsibility for any resulting direct or indirect losses.
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