Nortech Whitepaper
  • What is Nortech ?
    • Overview
    • Vision & Mission
    • Opportunity
    • Our Ecosystem
    • Governance
    • Roadmap
  • Nortech Token
    • Overview
    • Token Utility
    • Proof Of Study
    • Stake
    • Token Allocations
    • Release Schedule
    • Key Information
      • Contract Address
  • Nortech APP
    • Overview
    • Getting Started
    • Register & Login
    • Profile
    • Builders
    • Educational Module
      • Learning Resources
      • Incentives Mechanisms
      • Certificate Rules
    • Finance Module
      • Donation
      • Stake
      • Pay Way
      • Wallet
    • Marketplace Module
      • Affiliates
      • Refunds
      • Fees
  • Privacy and Security
  • Disclamer
  • Audits
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  1. Nortech Token

Release Schedule

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Last updated 8 months ago

In the Token Generation Event (TGE) of the NTH project, 15% of the total tokens will be generated and unlocked.

Token Release System after TGE

1. Liquidity Pool (10%):

  • These tokens will be allocated for liquidity operations, such as supporting exchange listings and providing liquidity to decentralized exchanges.

  • Unlocking: 100% unlocked at TGE to ensure immediate trading functionality and liquidity stability.

2. Proof of Study Fund (25%):

  • Tokens will be released gradually through the Proof-of-Study mechanism, rewarding users based on their engagement and participation in educational activities.

  • Unlocking: Distributed on a recurring basis based on engagement metrics. No immediate release at TGE, but tokens will be unlocked incrementally over the life of the platform.

3. Treasury Reserve (12%):

  • Tokens allocated to the treasury will be unlocked linearly over 24 months to provide long-term flexibility for growth, partnerships, and unforeseen expenses.

  • Unlocking: Gradual release starting after TGE, with 1/24th released each month.

4. Investors (17%):

  • Pre-Seed Round (3%): Pre-seed investors will have a 12-month lockup, with linear unlocking over 12 months after the initial lockup period.

5. Advisory/Contributors (15%):

  • Tokens allocated to advisors and key contributors will be locked for 12 months, followed by linear unlocking over 36 months.

6. Team and Founders (10%):

  • Tokens for the team will be locked for 12 months, followed by linear unlocking over the next 12 months.

7. Launchpad (5%):

  • These tokens will be available for public sale during the TGE through a launchpad.

  • Unlocking: 100% unlocked at TGE to provide liquidity and incentivize initial participants.

8. Protocol Development (6%):

  • These tokens will be unlocked linearly over 24 months to support platform upgrades, development, and other technical advancements over time.