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