Based on PANews, payment infrastructure Pieverse has unveiled the token economic model for its native utility and governance token, $PIEVERSE. The total supply of PIEVERSE is 1 billion tokens, allocated as follows: 27.6% for community development, 27.4% for ecosystem and market growth, 20% for team and advisors, 15% for investors, and 10% for the foundation. All allocations for team, advisors, investors, and core contributors are subject to a 12-month vesting period followed by linear release. Previously, Pieverse announced a $7 million strategic funding round led by Animoca Brands and UOB Venture, with participation from 10K Ventures, Signum Capital, and Morningstar Ventures. On October 30, the company also secured $3 million in funding from CMS Holdings to support x402b's expansion on BNB Chain, bringing its total funding to $10 million.
Pieverse Reveals Native Token PIEVERSE Economic Model with 1 Billion Supply
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