✂️OCTOKN split
Last updated
Last updated
At the center of this unique gaming experience is the Octokn (OTK), a cryptocurrency that serves the overall Octo ecosystem and services. In this section, we'll dive into the total supply of OTK and how it's allocated among different sections, as well as its token inflation over time.
The total supply of OTK is 1.200.000.000, with a carefully crafted allocation plan designed to support the long-term growth of the platform and the value of the token. The supply is divided into multiple sections, including community incentives, developer rewards, liquidity provision, and more. All of these allocations are subject to vesting periods, meaning that they cannot be immediately sold and dumped on the market, which helps to prevent price manipulation and promote stability.
In addition to the initial allocation, Octo Gaming has implemented a continuous burn mechanism to support the token price after launch. The exact details of this mechanism are not available at the moment, but it's designed to reduce the overall supply of OTK over time and provide additional value to existing token holders.
To help you better understand the OTK supply, we've included two charts in this article. The first chart shows the total supply split, demonstrating the various sections of the supply and how they're allocated. The second chart displays the token inflation over time, giving you an idea of how the supply is changing over time, but without the continuous burn mechanism is impacting the overall supply as it will be detailed shortly after the TGE.
If you have any questions or would like to learn more, feel free to reach out to the Octo Gaming community through our official channels or visit our website for more information.
As a reminder: TGE stands for Token Generation Event.
OTK's launch date = TGE was April 12, 2023.
| Category | Vesting | Percentage |
|---|---|---|
Seed investor |
| 5.5% |
Private investors |
| 3.9% |
Team |
| 17.0% |
Advisors |
| 2.3% |
Please note that the inflation rate in the maximum amount of tokens that can be spread on the market following the wallet vestings. If the amount is smaller than indicated on the graph, it means that some tokens are still unspent and remain on the dedicated wallet.
