Citing HashNews, payment infrastructure project Pieverse has revealed the economic model for its native token $PIEVERSE, with a total supply of 1 billion tokens. The token serves as a utility and governance asset, with allocations including 27.6% for community development, 27.4% for ecosystem and marketing, 20% for team and advisors, 15% for investors, and 10% for the foundation. All team, advisory, and core contributor allocations are subject to a 12-month vesting period. Previously, Pieverse announced a $7 million strategic funding round led by Animoca Brands and UOB Venture, with participation from 10K Ventures, Signum Capital, and Morningstar Ventures. On October 30, the project also secured $3 million in funding from CMS Holdings to support its development on BNB Chain, bringing its total funding to $10 million.
Pieverse Unveils Native Token Model with 1 Billion Supply
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