DISTRIBUTION & RELEASE SCHEDULE
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The maximum supply will be 1,000,000,000 $SIPHER tokens, to be minted over time. The tokens will align incentives of all ecosystem participants, and as such will be distributed to the following stakeholders within the ecosystem and subject to the following:
* [Global Launch] refers to the date on which Sipher Odyssey, the flagship Gaming x AI ecosystem product officially launches worldwide.
Category | Description | % | Amount of Token | Unlock Schedule |
Founders, Team & Advisors | Rewarding the core team members and advisors for their ongoing efforts to our ecosystem’s success. | 25.00% | 250,000,000 | 24-month vesting period commencing one month after the [Global Launch]. |
Seed Sale | Backers that participated in our seed round. | 11.30% | 113,000,000 | The vesting period will last 18 months, beginning in December 2024. Tokens will be delivered to investors only after the Global Launch.
During the first four months post-Global Launch, 25% of the accumulated tokens will be released each month, in addition to 6.277 million tokens. Afterward, 6.277 million tokens will be vested each month for the remaining months. |
Public Distribution | Tokens in circulation. | 4.25% | 42,500,000 | Fully unlocked. |
Listing & Liquidity | Allocated to cover exchange listing fees and incentives for liquidity providers. | 10.00% | 100,000,000 | 7.78% unlocked. The remaining 2.22% vested linearly over 33 months after the [Global Launch] |
Ecosystem Treasury | Dedicated reserve for the development and growth of the ecosystem. | 16.00% | 160,000,000 | Locked for 3 months after the [Global Launch], followed by an 18-month linear vesting period.
*Unused vested portions may be deposited into the Sipher Vault as needed. |
Community Incentives & Marketing | Marketing incentives and rewards for the community of players and product users, fans, creators, streamers, guilds, and other contributors, for their contributions to the ecosystem’s success. | 33.45% | 334,500,000 | 0.4% unlocked. The remaining 33.05% vested linearly over 60 months after the [Global Launch].
* Unused vested portions may be deposited into the Sipher Vault as needed. |
Total | 100.0% | 1,000,000,000 |
Distribution
🔵 63.70% — Community & Ecosystem
🟣 36.30% — Team & Investors
Release Schedule
