Token Distribution

While the Chipit ecosystem is fully functional and the tokens have immediate utility, all tokens distributed during this period will be concretely distributed at the moment of token generation, ensuring pre-launch backers, team members, and the early community members are on equal footing.

The largest recipients of token distribution will be the public presale and liquidity pool. Necessitating a majority of the token flow, the presale, and liquidity are necessary to facilitate platform growth. Just 12% of Chipit tokens will be set aside for the project team to help bootstrap the Chipit network and ensure a diverse and accessible community over the coming years. The remaining number will be allocated to other areas of infrastructure and Chipit schemes to keep the ecosystem projects afloat.

Total Supply: Binance Smart Chain - 1 Billion

Ethereum Classic Smart Chain - 1 Billion

Initial Token Distribution:

• Public Presale: 15%

• Liquidity: 15%

• Project Team: 2.5%

• Cross Chain : 10% on each side

• Locked Incentive: 20%

• Partners and Advisors: 5%

• Marketing and Exchange Listing: 27.5%

• Bounties: 5% (Unlocked for airdrop and other events)