Release Schedule
Allocation | In Percentage | Total # of months vested | # of tokens unlocked at TGE | Quantity |
Seed Round | 6.67% | 18 | 20,000,000 LBL | 163,005,000 LBL |
Strategic Round | 6.67% | 18 | 20,000,000 LBL | 179,875,000 LBL |
Private Round | 5.00% | 18 | 22,500,000 LBL | 139,029,688 LBL |
Public sale[IDO] | 1.67% | 3 | 20,000,000 LBL | 50,000,000 LBL |
Development | 25.00% | 49 | 0 | 750,000,000 LBL |
Marketing | 25.00% | 47 | 0 | 750,000,000 LBL |
Ecosystem | 15.00% | 42 | 15,000,000 LBL | 450,000,000 LBL |
Reserve | 7.00% | 33 | 10,000,000 LBL | 210,000,000 LBL |
Team | 5% | 12 | 0 | 150,000,000 LBL |
Advisor | 3% | 4 | 0 | 90,000,000 LBL |
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Total | 100% |
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| 2,931,909,688 LBL |
LBL token Allocation
At the Token Generation Event (TGE), 96.42% of this allocation will be unlocked, and the remaining will be released linearly over 4 years.
1. Development(25%)
The Development accounts for 25% of the total token supply. This allocation will be unlocked at TGE, and the remaining released linearly over 4 years to support the ongoing development and growth of the Label development.
2. Ecosystem(15%)
The Ecosystem operations are allocated 15% of the $LBL token supply, and will be unlocked at TGE. The remaining allocation will be released linearly over 3 years.
3. Early contributors(Seed Round, Private Round) (11.67%)
Early contributors(Seed Round, Private Round) are rewarded 11.67% of the total token supply for their contributions. 12.14% of the token allocation will be unlocked at TGE, and the remainder will be released linearly 18 months.
4. Strategic Round(6.67%)
Strategic Round is allocated 6.67% of the total $LBL token supply, 10% of the token allocation will be unlocked at TGE, and the remainder will be released linearly 18 months.
5. Advisors(3%)
Advisors receive 3%. These allocations will be locked for 1 year after TGE and released linearly over 4 months.
6. Reserve(7%)
Reserve Tokens are allocated 7% of the total $LBL token supply. 4.76% of the allocation will be unlocked at TGE, and the remainder will be released linearly over 2 years.
7. Public sale(1.67)
1.67% of the $LBL token supply is allocated for public sale via Redkite Launchpad, NFTB Launchpad with these tokens being unlocked at TGE and released linearly 3 months.
8. Marketing(25%)
Marketing operations receive 25% of the $LBL token supply — 12.14% of the allocation will be unlocked at TGE. The remaining token allocation will be unlocked linearly over 3 years.
9. Team (5%)
The team will receive a 5% allocation of the total token supply, locked for 11 months and released linearly over 2 years.
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