LBY tokenomics

November 29, 2020 by Libonomy

Libocoin (LBY) is the main asset of the Libonomy blockchain. LBY tokenomics reflect on coin allocation and lock-up/release schedule. 

Category

Percentage

Amount

Description

Total

100 %

70,000,000

All LBY

Public Sale

65%

45,500,000

Planned for public sale of the coins

Private Sale

10%

7,000,000

Planned for private sale of the coins among private investors

Management

10%

7,000,000

Distributed between owners and top management

Development

6.25%

4,375,000

Distributed between development teams

Marketing

5%

3,500,000

Distributed between marketing teams

Contributors

2.50%

1,750,000

Distributed between  contributors to the project

Rewards

1.25%

875,000

Distributed as different kind of rewards


LBY lock-up schedule for management, development and marketing allocations

5% - Oct 2021
15% - Jan 2022
25% - Jan 2023
25% - Jan 2024
30% - Jan 2025