Initial Token Distribution

Initial Token Distribution Plan for Blob Token

1. Deployment to Mainnet:

2. Transfer to Multisig Wallet:

  • Upon deployment, the entire token supply was sent to a multi-signature (multisig) wallet with the address 0x6bC42c45aE8108CeE5205E0Ec7757a3e3E88131E.

  • Upon deployment of additional ecosystem contracts such as the Feeding contract ownership was sent to the multisig address.

  • The multisig wallet is controlled by the project team and requires a 2/3 approval from designated signers to execute any fund-related transactions.

3. Vesting Structures:

  • All vesting structures related to the Blob token are implemented through Team.Finance, a reputable decentralized finance platform.

Category
Total Supply
Tokens
Vested
Link

Treasury

20%

2,000,000,000

Cliff/Linear

Team

7%

700,000,000

Cliff/Linear

Seed

15%

1,500,000,000

Cliff/Linear

Presale

35%

3,500,000,000

Cliff/Linear

Liquidity

21%

2,100,000,000

Locked

Airdrop/Contests

2%

200,000,000

Not Vested

Refer to the Tokenomics page for more information regarding our vesting schedules.

Tokenomics

4. Security Measures:

  • Private keys associated with the multisig wallet are kept highly secure, and access is limited to trusted team members.

  • Strong security practices, including hardware wallets and secure storage methods, are implemented to prevent unauthorized access to funds.

5. Community Engagement:

  • The project team encourages community engagement and feedback regarding the token distribution plan.

  • Community members are invited to review the plan, ask questions, and provide input to ensure a fair and decentralized distribution process. Blob is governed by its community members who make decisions through the voting process.

By following this comprehensive plan, we aim to ensure the secure, transparent, and accountable distribution of Blob tokens, mitigating centralization risks and building trust within the community.

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