Allocation, etc

Breakdown of launch $OCP token alloc

Private Sale & IDO OCP conducted its IDO on BSCPad (public sale) on the 26th April 2021. OCP Initial Supply & Allocation Breakdown will be as follows: 100M initial supply

Token Distribution

100%

100,000,000

Vesting Schedule

Private Sale

12%

12,000,000

20% upon exchange listing, 8% per month thereafter

Public Sale

3%

3,000,000

Fully unlock

Team & Advisors

15%

15,000,000

6 months cliff, 5% every month thereafter

Marketing

5%

5,000,000

10% upon exchange listing, 5% per month thereafter

Exchange Liquidity Provision

3%

3,000,000

Reserved for Dex and Cex liquidity provision

Ecosystem Growth

12%

12,000,000

Reserved for partnerships, user acquisition and future development of the platform

Mining Reserve

50%

50,000,000

Reserved for stablecoin backstop purposes

The raise from each funding round is expected to be as follows:

Token Sale Structure

%

No. of Token

Unit Price

Amount Raising

Valuation

Vesting Schedule

Private Sale

12%

12,000,000

$0.090

$1,080,000

$9,000,000

20% upon exchange listing, 8% per month thereafter

Public Sale

3%

3,000,000

$0.100

$300,000

$10,000,000

Fully unlock

Total

15%

15,000,000

-

$1,380,000

-

-

Marketing

5%

5,000,000

$0.090

-

$10,000,000

10% upon exchange listing, 5% per month thereafter

Initial Circulation

5.90%

5,900,000

$0.100

$590,000

Initial Market Cap

-

Funds from the Token Sale will be used to:

  • Get audits done for both the OCP and its underlying application protocols

  • Hire more FT smart contract resources

  • Provide initial liquidity OCP, and our suite of application protocols

  • Marketing and community building efforts

  • Continued research and development of the OCP protocol

OCP shall provide the initial liquidity for the IDO through a liquidity lock to kickstart the trading liquidity pool.

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