Trace Network Labs Introduction

Trace Network Labs uses the power of web 3.0 technologies to deliver metaverse related experiences to onboard the next billion users to virtual world.

 

Key features:

Trace Network Labs uses the power of web 3.0 technologies to deliver blockchain-based & metaverse related experiences to onboard the next billion users to virtual realms.

 

Trace Network Labs latest offerings include: 

BLING- Limited-edition global marketplace for rare & exclusive NFTs of luxury and lifestyle products & accessories. TNL helps luxury & lifestyle brands create, market & distribute exclusive NFTs to a global audience. Trace aims to be the de-facto gateway for lifestyle brands, businesses, projects & consumers to the metaverse.

BUDDY- An exclusive & personal digital identity as a realistic-looking avatar for the users of Metaverse. TNL offers residents of the metaverse to create a metaverse agnostic avatar that will have the unique ability to move from one metaverse to the other – akin to a passport for virtual worlds.

MetaBOX: MetaBox enables users to create, customize & co-own luxurious & immersive real estate in metaverse. MetaBox offers wide range of products of most premium luxury brands to upscale your homes, villas and what not, in real estate.

TNL aims at creating an ecosystem that will allow an individual to create their own exclusive virtual space, live their lives, and roam freely as per their real lifestyles. To enable the evolution of the luxury lifestyle for the metaverses as the boundaries between real and virtual continue to blur.

 

Token distribution and lock-in:

Allocation

Allocation Rate

Token Release Schedule

Seed Round

5.71%

5% unlocked on day 0, then daily for 15 months

Strategic Round

8%

5% unlocked on Day 0, then daily for 12 months

Private Round-I

2.67%

5% unlocked on Day 0, then daily for 12 months

Private Round-II

1.25%

5% unlocked on Day 0, then daily for 12 months

Public Round

0.5%

100% Unlocked

Ecosystem, Community building & Business Dev

29.87%

1.5% on TGE, 1.5% weekly until 4th week, and balance monthly until month 18

Team

20%

10% unlocked on month 6, then daily for 12 months

Advisors

10%

30 days cliff and then daily until month 15

LPF

2%

100% Unlocked

Foundation

20%

10% unlocked on month 9, then monthly for 24 months

 

Project timeline:

BLING NFTMarketplace: Jan 2022

Metabuddy- Feb 2022

MetaBox-  Q2 2022

 

Team background:

Both co-founders have over 2 decades of industry experience in delivering solutions to luxury & lifestyle industry.

Developent team has for an average experience over 3.5 years and have worked on various defi, NFT projects prior to joining Trace network in March 2021.

 

Related links:

Telegram channel :  https://t.me/tracenetwork.

Twitter: https://twitter.com/trace_network

Medium: https://medium.com/trace-network

 

Content on this page was provided by the Trace Network Labs team.

 

Huobi Global

January 25, 2022

 

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