Allocation, etc
Breakdown of launch $OCP token alloc
Last updated
Breakdown of launch $OCP token alloc
Last updated
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
The raise from each funding round is expected to be as follows:
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.
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
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
-