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Whitepaper 0.7
Metaverse.Network
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Bit.Country Pioneer - NEER
Bit.Country Pioneer is the canary, cousin network on Kusama.
Bit.Country Pioneer on Kusama is the canary network of Bit.Country.
NEER to NUUM is like KSM to DOT.
Roadmap
Bit.Country Pioneer Network Launch Phases - HackMD
Why Canary Network
Polkadot or Kusama ecosystems have a canary network model allowing projects to have more flexible rules and try out their innovation using a smaller token generation event.
The utilities of NEER are the same as NUUM. However, the token generation event is slightly different.
Total Supply: 100,000,000 (Deflationary), which is a much smaller amount than NUUM.
Description
Allocation
Description
Crowdloan
15.56%
30% at TGE, then linear release till lease expires (~Nov 2022)
Early Backers
17.51%
0% at TGE. Start linear release after 12 months for 24 months
Ecosystem (Reserved)
5.00%
100% at TGE
**To be released and used strategically for ecosystem purposes within the next few years. Advisors scheudle are treated the same as founding group
Future Investors
6.93%
0% at TGE. Start linear release after 12 months for 24 months
Reserved
8.00%
0% at TGE. Start linear release after 12 months for 24 months
Marketing (Reserved)
5.00%
100% at TGE
**To be released and used strategically for marketing purposes within the next few years.
Founding Group
20.00%
0% at TGE. Start linear release after 18 months for 24 months
- Although some availability is 100% at TGE, the allocation will be released strategically (exchanges, JVs, etc) within the next few years.
- The schedule for current or future advisors (currently 0.5%) follow the same rules of the founding group.
- Treasury Reserve, 22%, we reserve this portion for upcoming crowdloans or development, if needed.
NEER Token Release Schedule
Journey
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