Allocation & Distribution
Last updated
Last updated
Private
3.1% or 8,959,000 KVN Tokens for Private Sale (60 days lock, 180 days vesting)
For users who participate in the Private sale of $KVN tokens. To avoid any market interference, their trade of $KVN will be locked for 2 months, before being unlocked on a monthly basis in a period of 6 months.
Whitelist
5.2% or 15,028,000 $KVN for Whitelist (15 days lock, 7 days vesting)
For users who participate in the Whitelist sale of $KVN tokens
Presale
17.00% or 49,130,000 $KVN for IDO (10 days lock, 7 days vesting)
For users who participate in the public sale of $KVN tokens
Launchpad
8.00% or 23,120,000 $KVN for IDO
For users who participate in the launchpad sale of $KVN tokens
Reward
5.10% or 14,739,000 $KVN for Reward
For users who actively participates in activities to promote Klover Network, such as referring friends or constantly providing contributions the community.
Advisor
5.10% or 14,739,000 $KVN for Advisor (180 days lock, 365 days vesting)
For advisors and key partners who play essential roles in strengthening the $KVN ecosystem. To avoid any market interference, their trade of $KVN will be locked for 6 months, before being unlocked on a monthly basis in a period of 1 year.
Operation
13.00% or 37,570,000 $KVN for Operation
For operational expenses such as development and partnerships. The exact amount will be determined by the Klover team and will be subject to audits and transparency reports to ensure the proper use of funds. Any unused tokens from the operational distribution will be held in reserve for future operational expenses.
Marketing
13.00%% or 37,570,000 $KVN for Marketing
For marketing initiatives to increase awareness and adoption. The exact amount will be determined by the Klover team and will be subject to audits and transparency reports to ensure the proper use of funds. Any unused tokens from the marketing allocation will be held in reserve for future marketing expenses.
30.50% or 88,145,000 $KVN for Ecosystem
Initially, the ecosystem fund will be managed by the Klover Team as a reserve to handle emergency situations to protect the platform and the benefit of stakeholders and investors of the project. The functioning of the ecosystem fund is based on the following principles:
To protect the benefits of partners and investors of the platform
To control the token price in case of market manipulation
After a while, Klover Network will migrate into a DAO where any use of Ecosystem Fund will be voted upon. Any unused tokens from the ecosystem allocation will be held in reserve for future expenses.