CKAN COIN OFFICIAL

CKAN Coin Vesting Plan

 

The CKAN Coin Vesting Plan is designed to provide stability, foster trust, and align token distributions with the project’s long-term goals. The gradual release of tokens ensures market stability while incentivizing all stakeholders to remain committed to CKAN’s success.

Team and Advisors

  • Total Allocation: 100 Million CKAN (10% of Total Supply)
  • Vesting Cliff: 6 months
  • Vesting Period: 5 years
  • Vesting Schedule:
    • 10% of the total allocation (10 million CKAN) will be released every 6 months over 5 years.
  • Purpose:
    • This allocation ensures the team and advisors are rewarded for their contributions over time, aligning their incentives with the project’s sustained growth and success.
    • The 6-month cliff prevents early withdrawals and aligns token releases with key project milestones.

Advertisers and Partners

  • Total Allocation: 50 Million CKAN (5% of Total Supply)
  • Vesting Schedule:
    • 20% of the total allocation will be released immediately upon agreement.
    • The remaining 80% will be distributed monthly over 12 months (approximately 3.33 million CKAN per month).
  • Purpose:
    • Gradual token distribution encourages advertisers and partners to remain actively engaged with CKAN throughout the year.
    • Immediate release provides an incentive to onboard partners quickly and effectively.

ICO Buyers

  • Total Allocation: 200 Million CKAN (20% of Total Supply)
  • Vesting Schedule:
    • 30% of the total allocation (60 million CKAN) will be released at token launch.
    • The remaining 70% (140 million CKAN) will be released evenly over 6 months (approximately 23.33 million CKAN per month).
  • Purpose:
    • Ensures that ICO participants have immediate access to a portion of their tokens to engage with the project and market activities.
    • Gradual release mitigates potential market volatility and encourages long-term holding.

Reserved and Locked Tokens

  • Development and Ecosystem Growth:
    • Reserved for technical upgrades, platform enhancements, and ecosystem expansion.
    • Allocation: 100 Million CKAN (10% of Total Supply).
  • Community and Marketing Initiatives:
    • Reserved for campaigns, giveaways, and efforts to boost adoption and awareness.
    • Allocation: 100 Million CKAN (10% of Total Supply).
  • Partnerships and Collaborations:
    • Held for future strategic alliances and listings on additional exchanges.
    • Allocation: 100 Million CKAN (10% of Total Supply).
  • Locked Reserve:
    • Reserved for long-term use cases, including token burns, liquidity incentives, or strategic utility.
    • Allocation: 300 Million CKAN (30% of Total Supply).

Advantages of the Vesting Plan

  • Market Stability: The vesting plan reduces the risk of large-scale sell-offs, maintaining token price stability.
  • Long-Term Commitment: Aligns all stakeholders with CKAN’s goals by distributing tokens gradually over time.
  • Investor Confidence: Demonstrates a structured and transparent approach to token distribution, fostering trust in the project.
  • Regulatory Compliance: The planned release schedule adheres to best practices, ensuring regulatory alignment.