Bit.Country Pioneer - NEER
Bit.Country Pioneer is the canary, cousin network on Kusama.
Last updated
Bit.Country Pioneer is the canary, cousin network on Kusama.
Last updated
It is Bit.Country deployment on Pioneer Network connecting to Kusama.
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 (non-inflationary), which is a much smaller amount than NUUM.
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%) follows the same rules as the founding group.
NEER Token Release Schedule
| Description | Allocation | Description |
|---|---|---|
Crowdloan
15.56%
30% at TGE, then linear release till block 2,269,399 on Pioneer Network.
Early Backers
17.51%
0% at TGE. Linear release starts at block 3,190,000 and will run for roughly 24 months. The NEER tokens will be staked through a proxy protocol earning BIT until fully unvested.
Ecosystem (Reserved)
5.00%
100% at TGE **To be released and used strategically for ecosystem purposes within the next few years. Advisors schedule 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
Treasury Reserve
22.00%
We reserve this portion for upcoming crowdloans or development, if needed.
