I just saw the distribution principles of $ME in the community
$ME announced last night that it will start the qualifications for empty investment and distribution inquiries tomorrow
The TGE will take place on December 10, with information yet to be announced
Regarding the distribution principles of $ME as shown in the diagram
Tokenomics FAQ:
• Circulating supply at launch
The circulating supply mainly consists of an initial 12.5% and a small amount of liquidity supply.
• Team and investor shares
The team will receive 26.2%, while investors will receive 23.6%. Overall, the team's token lock-up period is 12 months, while all Magic Eden founders have a lock-up period of 18 months. Investors also have a lock-up period of 12 months.
• Community rewards
After the TGE, 37.7% of the tokens will be returned to the community to directly reward users and provide ecosystem subsidies. How this part will be allocated will be decided collectively by the community, and more information will be released later.