We are thrilled to announce the distribution details and vesting schedule for NESS tokens, the native cryptocurrency to fuel information economy and its realization. As we progress on our journey, we believe it is essential to transparently share our token distribution plan for the benefit of our community and stakeholders. In this article, we will outline the allocation wallet information and the vesting schedule for each category of NESS tokens.
NESS Token Allocation
The NESS token distribution involves several allocation categories, each serving a specific purpose within our ecosystem. Here are the details of the allocated NESS tokens and their respective addresses:
ERC-20 Token Contract:
IDO/IEO: 2,500,000 NESS
Marketing: 17,500,000 NESS
Advisor: 20,000,000 NESS
Liquidity: 20,000,000 NESS
Partner: 25,000,000 NESS
Sales: 40,084,125 NESS
Treasury: 49,915,875 NESS
Ecosystem: 100,000,000 NESS
Team: 100,000,000 NESS
Community: 125,000,000 NESS
Note: The address dedicated to Sales & Treasury currently has a balance difference of 84,125 NESS due to adjustments made during the private sales round.
To ensure responsible token distribution and align incentives with long-term growth, certain categories of NESS tokens will be subject to a vesting period. The vesting schedule for each category is as follows:
- IDO/IEO: -
- Marketing: TGE, 1year vesting
- Advisor: 1 year cliff from listing, 3years linear vesting
- Liquidity: TGE, 2 years linear vesting
- Partner: 1 year cliff from listing, 3 years linear vesting
- Sales: 6 months cliff from listing, 2 years linear vesting
- Treasury: 2 years cliff from listing, 5 years linear vesting
- Ecosystem: TGE, 5 years vesting
- Team: 1.5 year cliff from listing, 4 years linear vesting
- Community: 9 months cliff from listing, 5 years linear vesting
Note: It is important to note that the vested amount for each category may not be circulated on the secondary market (CEX/DEX) unless it is being used for a specific purpose dedicated to each category. This measure is implemented to ensure that the allocated NESS tokens are utilized responsibly and in alignment with their intended objectives. We aim to maintain the integrity of the token distribution and support the growth and development of the NESS ecosystem.
At NESS, we prioritize transparency and accountability. We have shared the details of the NESS token distribution and the vesting schedule for each allocation category. This approach ensures a fair and responsible distribution of tokens, while also safeguarding the interests of our community and stakeholders.
We believe that by adhering to this distribution plan, we can foster a thriving ecosystem, promote long-term growth, and maximize value for all NESS token holders. We are excited to embark on this journey together and look forward to the positive impact NESS will bring to the industry.
For more information and updates, please visit our official website and join our community channels.
Disclaimer: The information provided in this article is subject to change and should not be considered as financial advice.