Token Allocation Summary
FrodoTech is a cryptocurrency and worldwide payment system. It is the first decentralized digital currency, as the system works without a central bank or single administrator.
The network is peer-to-peer and transactions take place between users directly, without an intermediary. These transactions are verified by network nodes through the use of cryptography and recorded in a public distributed ledger called a blockchain.
The total supply is 85,000,000,000 units, and the supply will be distributed as the chart shows.
Please note that We plan to nominate 20 percent of the total supply for development, infrastructure, etc. which will assist in growing Frodo Tech.
Also, five percent of the total supply will be paid as bonuses/gifts as an incentive to move over time.
It should be considered that Frodo Tech will have a token burn strategy to decrease the total supply and to prevent price dumping. The details about our strategy will be shared with our community through our social networks.
Distribution of Tokens will take place after ICO end. Tokens will be released to your wallet a week before listing in exchanges.
Team tokens are locked for two years and will be vested over a period of 12 months total.
Tokens reserved to advisors will be locked for 1 year minimum.
|Presale||Dec 1, 2021 – once meet the softcap|
|Number of stages||52 stages|
|Token Delivery Date||After meeting the Softcap at stage 31|