Dear community,
We have announced the Road Map and Distribution Plan in 2023 for HIBS Token, which can be seen in the following:
Road Map
Q1 2023: 2023–01–01~2023–03–31
- AML solution integration in HABL app_BETA
- Enhanced KYC system: to validate the authenticity of ID and member verification_BETA
Q2 2023: 2023–04–01~2023–06–30
- Partial service fees burning and contract deployment
- HABL app UI update and functions integration
Q3 2023: 2023–07–01~2023–09–30
- Add ranking and key information service in Explorer
- HABL Store_BETA
Q4 2023: 2023–10–01~2023–12–31
- Provide additional digital assets on HABL wallet
- Enhanced HABL App chatting system
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Token Distribution Plan
1. Distribution period
1st quarter of 2023 (2023–01–01) ~ 4th quarter of 2023 (2023–12–31)
2. Total distribution during the period
- 2,147,903,333 (19.96% of distribution volume as of Q4 2022)
3. Token Distribution
- Total issued quantity: 20,000,000,000
- Current distribution volume (as of Q4 2022): 10,760,631,020
- Total circulating volume (after token distribution): 12,908,534,353
4. Purpose of Token Distribution
Token Sale
- Token Sale
- Company Reserve: to support business volume
- Platform Reward: to support token ecosystem and user reward
- Marketing: to support marketing
- Partner: to support partners
- Development : to support development
- Team
Distribution Plan
Q1 2023: 2023–01–01~2023–03–31
Token Sale : 0
Company Reserve : 0
Platform Reward: 224,696,316
Marketing : 0
Partner : 0
Development: 181,818,182
Team : 168,000,000
* Q1 2023 estimated token distribution: 574,514,498
* Q1 2023 cumulative distribution volume: 11,335,145,518
* Total Foundation Balance: 8,664,854,482
Q2 2023: 2023–04–01~2023–06–30
Token Sale : 0
Company Reserve : 0
Platform Reward: 224,696,316
Marketing : 0
Partner : 0
Development: 181,818,182
Team : 168,000,000
* Q2 2023 estimated token distribution: 574,514,498
* Q2 2023 cumulative distribution volume: 11,909,660,016
* Total Foundation Balance: 8,090,339,984
Q3 2023: 2023–07–01~2023–09–30
Token Sale : 0
Company Reserve: 35,684,731
Platform Reward: 224,696,316
Marketing : 0
Partner : 0
Development : 9,796,970
Team : 168,000,000
* Q3 2023 estimated token distribution: 438,178,017
* Q3 2023 cumulative distribution volume: 12,347,838,032
* Total Foundation Balance: 7,652,161,968
Q4 2023: 2023–10–01~2023–12–31
Token Sale : 0
Company Reserve : 0
Platform Reward : 224,696,321
Marketing : 0
Partner : 0
Development : 0
Team : 336,000,000
* Q4 2023 estimated token distribution: 560,696,321
* Q4 2023 cumulative distribution volume: 12,908,534,353
* Total Foundation Balance: 7,091,465,647
Distribution plan description
HIBS Team holds 9,239,368,980 tokens as of Q1 2023.
Starting from the 1st quarter of 2023 to the 4th quarter of 2023, the estimated distribution quantity is 2,147,903,333.
HIBS Team plans to distribute tokens in 2023 based on the distribution plan above.
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Refer to the announcement on Coinone
👉Roadmap: https://t.co/FBIajHlFrn
👉Token Distribution Plan: https://t.co/95UAnRovjW
