NFT DAO Now Minting!
777 Million $C12 tokens were minted on July 14, 2022. 155,400,000 million $C12 will be sold through private and public sales. 271,950,000 million $C12 are for staking rewards distributed over the following decades.
There are various vesting periods from one year to 5 years for the allocations described below. These tokens will be locked in smart contracts on September 7th, 2022.
Staking Rewards 271,950,000 tokens — 35% of the tokens will be utilized as staking rewards released over decades.
Private Sale 7,770,000 tokens — 1% of the tokens were for participants in the private sale. The price per token was $.0311 and a lockout period of one year with a quarterly linear unlock schedule.
Pre-sale 69,930,000 tokens — 9% are for participants in the Pre-sale. The price per token will be $0.0355 and a lockout period of one year with a quarterly linear unlock schedule.
Public Sale 77,700,000 tokens — 10% of the tokens are for participants in the Public Sale. The price per token will be $0.0444 with no vesting period.
Kingdom Fund 155,400,000 tokens — 20% of the tokens will be allocated to the Kingdom Fund. These tokens are used for Kingdom building endeavors. These tokens have a five-year vesting period.
Strategic Partners 116,550,000 tokens — 15% of the tokens were allocated to strategic partners. These tokens were allocated with the specific mandate of being distributed to strategic partnerships which include our grant program for faith-based dApps, our bounty program, and airdrops. These tokens have a five-year vesting period.
Initial Treasury 69,930,000 tokens — 9% of these will be used to initially fill the treasury, while private and public sale funds will be stored in the treasury and utilized for operations and development of Carbon12 and two of its primary use cases — HolARgram and GridIron.
Liquidity 7,770,000 tokens — 1% of the tokens will be paired with AVAX to form a Carbon12 token-owned Liquidity pool. To ensure trading begins immediately after the Public Launch.
