Bit.Country Pioneer - NEER
Bit.Country Pioneer is the canary, cousin network on Kusama.
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.
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. |
- 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
Last modified 4mo ago