NESS Token Movement and Updates(PEARL)

NessLAB
2 min readSep 14, 2023

Introduction

In this latest report, we are excited to provide our community with insights into the most recent NESS token movements, a significant announcement regarding the integration of PEARL rewards, and a summary of our current token distribution status.

Token Movements

In alignment with our strategic goals, a portion of NESS tokens has been transferred from the wallet addresses previously disclosed in our token distribution article.

This movement serves the purpose of

  1. bolstering liquidity in preparation for upcoming listings on diverse exchanges.
  2. dedication to community empowerment such as marketing campaigns, airdrop initiatives to be released, and the updates in regards to PEARL to NESS integration at CoinNess.
  3. distribution of accumulated unlocked tokens from the existing wallet address to fulfill each purpose.

PEARL Reward Update

As previously announced as the first utility feature of NESS, CoinNess users are now able to receive rewards in NESS tokens based on their PEARL holdings, which were earned through various in-app engagements and participation in the information economy extended by NESS.

CoinNess’ PEARL to NESS Campaign Banner

Unfortunately, this feature is currently only available to South Korean users due to CoinNess’ policies. However, Ness LAB will soon announce a diverse global campaign, allowing users worldwide to engage with Ness LAB’s ecosystem and enjoy its benefits.

Balance Update

As a result of the aforementioned token movement, the balances of the four wallet addresses containing NESS have been altered, while all others remain unchanged.

IDO/IEO: 0 NESS*
Address: 0xF104C23e78b9DBaef06Ed15A03d46F1a67414805

*No NESS has been sold to the public, thus no IDO/IEO allocated amount shall be circulated on the secondary market for any reason unless publicly announced.

Marketing: 10,208,333 NESS
Address: 0x329B4C59aE3AE543D9cD48B8ED87E60d28E8d3BE

Liquidity: 15,833,333 NESS
Address: 0x9d3d16B9d1AE6192b84Be77005c1a001A973CFE4

Ecosystem: 91,666,667 NESS
Address: 0xF3c239a04137f57BFb83dAf87235b4BE9bd2BC97

Note: The movement has been executed in alignment with the vesting schedule, ensuring that NESS does not exceed the circulating amount specified by the vesting schedule.

Conclusion

Transparency remains at the core of the NESS project. This report has offered valuable insights into recent token movements, the latest update on PEARL rewards, and the current balances of each allocated wallet. Our unwavering commitment to cultivating an atmosphere of trust and collaboration drives us as we persist in our journey to innovate and elevate the NESS ecosystem.

For more information and updates, please visit our official website and join our community channels.

Website: Ness LAB
Telegram: https://t.me/NESS_Lab
Twitter: https://twitter.com/NESSLAB_

Disclaimer: The information provided in this article is subject to change and should not be considered as financial advice.

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