OUR TOKEN SALE BEGINS IN
HOWDOO TOKEN SALE
PUBLIC CONTRIBUTION (INCLUDING OUR PRE-SALE)
In order to support our objectives, 38.5% of tokens (including bounty)
will be allocated from the max supply of 888,888,888 through our token sale.
THE HOWDOO INCENTIVE SCHEME
As part of this scheme 21.5% of the total supply of tokens will be released over a 3-year period, by way of incentives to users, tellers, node operators and 3rd parties in order to drive mass adoption.
Howdoo’s objective is to only raise an amount required to fund the network until it’s fully self-sustaining. However, as a safeguard, 20% of the total supply will be held, and only released in the event the network needs financial support in order to fulfil its objectives. In the event this is required, Howdoo will inform all current token holders and implement a controlled and managed distribution. All non-required tokens will be burnt.
20% of the total supply will be granted to the Howdoo team, which also includes advisors. The tokens will be held with the following vesting conditions:
· Employees – 36 month vesting period, with a six-month cliff
· Advisors – 12 month vesting period with a three-month cliff