BlockBeats news, on December 30, according to official news, the Web3 AI project FLock.io published its FLOCK token economics model. It is reported that the total supply of FLOCK tokens is 1 billion, of which 66.7% of the tokens are allocated to the community and ecosystem to ensure long-term sustainability and incentivize contributions. As part of this commitment, FLock will allocate 50,000,000 tokens (5% of the total supply) to early users and the community of FLock. After the initial airdrop, the first mainnet model of FLock.io will be launched.
BlockBeats previously reported that the Web3 AI project FLock.io announced the completion of a $6 million seed funding round in March this year, led by Lightspeed Faction and Tagus Capital, with participation from DCG, OKX Ventures, and Volt Capital. Subsequently, it announced in September this year that it received a grant from the Ethereum Foundation's research fund for the 2024 academic funding round. A few days ago, it announced the completion of a $3 million strategic funding round, with DCG leading and Lightspeed Faction participating in another round.