Stakeholders and Reserves
The balance of blend between the health/medical and gaming industry is the critical component to the success of the project. This balance needs a thorough configuration of individuals on board. The board of advisors will mainly be composed of individuals in the health/medical industry and crypto/blockchain industry while the board of directors will have to come from the background of the gaming industry. However, the balance scale between these two industries may have to shift depending on the stage of the company mainly to do with the user base. The allocation of Swole (SWL) stakeholders is as follows;
Total SWL Token Supply | 3,000,000,000 | 100% |
---|---|---|
Seed Sale | 450,000,000 | 15% |
Promotion Sale | 120,000,000 | 4% |
Foundation | 100,000,000 | 3% |
Strategic Sale | 150,000,000 | 5% |
Founders & Team | 500,000,000 | 17% |
Advisors | 120,000,000 | 4% |
Company Reserve | 660,000,000 | 22% |
SH2E Reserve | 900,000,000 | 30% |
The Bottley team will hold its funds in crypto (such as stablecoins) and fiat currencies. Funds will be stored in crypto exchanges with 2FA authentication, and EUR bank accounts. Reserved allocation of Swole (SWL) for Investors during seed round (Seed Sale), the Strategic Sale shall be vested on yearly basis from the date on which the agreement is established between the buyer and the company for 4 years of vesting period with a 12-month cliff. Allocation for the founding team and Advisors shall be vested on yearly basis from the date on which the agreement is established between the recipient and the company for 6 year vesting period in an exponential form and a 12-month cliff.
Last updated