Derived from PANews, the hybrid blockchain project BOB (Build on Bitcoin) has announced its Token Generation Event (TGE) on November 20, Eastern Time, and revealed the $BOB token economic model. The total token supply is 10 billion, with 50.91% allocated to the community and ecosystem, 10% to the BOB Foundation, 20.09% to early supporters, and 19% to core contributors. Tokens for core contributors and early supporters will be locked at TGE and released over 2-3 years. A total of 77.8% of the supply will be locked on the first day, with full unlocking expected after 48 months.
BOB Announces Tokenomics and TGE on November 20
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