CyberConnect Tokenmic Disclosure, 9% Token Rewarded Users

Key Points:

  • After launching on Binance, CyberConnect revealed a token economy model with 100 million CYBER.
  • 9% tokens will be used to reward the community over 2 seasons.
  • Season 1 Community Rewards will begin on the same day as CYBER trading on Binance, with 2.4 million CYBER available to claim users.
Immediately after the successful launch on Binance Launchpool, CyberConnect revealed the token economy model to users with a 9% disclosure used to reward the community.

The CYBER and CyberDAO tokens are vital steps to fully succeeding in that mission by entrusting a decentralized community with control over the future use of community funds and all core upgrades core for the protocol’s infrastructure.

CYBER Token Allocation:

  • Team & Advisors: 15%
  • Private Sale: 25.12%
  • Community Treasury: 10.88%
  • Community Rewards: 12%
  • Coinlist Public Sale: 3%
  • Ecosystem Development: 34%,
    • Ecosystem Partners: 9%
    • Developer Community: 10%
    • Early Integration Partners: 5%
    • Marketing: 10%

As announced the project has introduced Season 1 Community Rewards in recognition of the support of our earliest users and community members. Claiming the Part 1 Community Reward will begin on August 15, 2023, at 12 p.m. UTC, when Binance accepts transactions for the CYBER token.

Users can check their eligibility as of August 4, 2023. A total of 2.4% of the total supply (2,400,000 CYBER) will be available to claim. Specific reward guidelines will be shared on August 4, 2023.

Holders of the following are eligible for Part 1:

  • Mystery Box (ETH, BNB)
  • The Shards (ETH, BNB)
  • Mini Shards (BNB, Polygon)
  • W3ST
  • CyberProfile Early Adopter NFT
  • CyberProfile Premium Handle (11 Characters or Lower)

As mentioned in an earlier Coincu News post, Binance has announced that it will launch the 37th phase of its new coin mining, using BNB, TUSD, and FDUSD to mine CyberConnect (CYBER).

CyberConnect is one of Web3’s major decentralized social networks, allowing developers to create social applications that help users own their digital identities, content, connections, and currency channels. The community received a lot of attention after it was announced that it would open a token sale on Coinlist, a platform that provides quality projects, on May 18.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Victor

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