KITE announces its token economics: total supply of 10 billion tokens, with an initial circulating supply of 18%.
According to a Binance announcement, the KITE token economics has been officially released. The total supply of KITE tokens is 10 billion, with an initial circulating supply of 1.8 billion, representing 18% of the total supply; of which, Launchpool rewards amount to 150 million tokens, representing 1.5% of the total supply.
According to the specific allocation plan disclosed by KITE: 48% is allocated to the ecosystem and community to incentivize community and ecosystem development; 20% is allocated to modules, which are supply and demand modules that support intelligent agent-related services such as computing power, models, data, and applications; 20% is allocated to the team, advisors, and early contributors to incentivize core members and strategic supporters; and 12% is allocated to investors, targeting institutional and individual investors who participate in project financing.
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