Artela Network, the underlying operating system for AI Agent, announces token economics, with the community accounting for 62% of the total

According to ChainCatcher, Artela Network announced the $ART token economics and community airdrop schedule today. The total amount of $ART is 1 billion, which will be issued on Artela Network for governance, staking, paying network fees, and providing asset liquidity.

The specific distribution of tokens is as follows:

Community Allocation: 62% of the total supply will fully support community airdrops and the development of AI Agents. The community airdrop Wave#1will be open for inquiry on January 14 and open for claiming from January 17 to January 23.

Investor allocation: 18% of the total supply, with a lock-up period of 1 year, followed by a linear unlocking over the next 24 months.

Team allocation: 15% of the total supply, with a lock-up period of 1 year, followed by a linear unlocking over the next 36 months.

Early contributors (consultants, partners, KOLs, etc.): 5% of the total supply, locked for 1 year, and then unlocked linearly over the next 24 months.

To further incentivize community contributions, Artela Network plans to conduct two additional airdrops based on the level of community contributions within 6 and 12 months after the TGE.