Connect (CT) introduction
We hope that you all are doing great and enjoying the crypto bull run! This is part four of the 5 update series we have been releasing recently. Check out the previous posts on this Medium profile if you are new here ;). These updates are covering the project introduction and what we are up to at the moment. Today, in this article, we want you to meet with Connect (CT) token.
If you have any questions or comments about the project feel free to join our new Telegram group for the most recent updates and discussions with the community.
Allocation and distribution
100,000 CT will be minted and will become completely accessible over the course of 3 years. In order to protect investors and prevent inflation in the market and useless annoying bots — we have decided to get rid of free giveaways and airdrops, except for the community treasury.
Token Distribution
*Remark. Token allocation is updated.
7% of Connect 7,000 CT are allocated to team members and future employers with 3 years vesting.
3% of Connect 3,000 CT to Connect community members and to be distributed in 3 years. ~33.3% each year.
50% of Connect 50,000 CT will be locked for public presale.
30% of Connect 30,000 CT to long-term project development and UniSwap liquidity with 3 years vesting.
10% of Connect 10,000 CT will be used for marketing purposes with 3-year vesting. (Influencers)
It is not a secret that a cryptocurrency project’s success is based on 50/50 exposure(hype) on social media and, of course, the use case. That’s why we have decided to allocate 10% of Connect supply to influencers and bloggers with a three-year vesting period. We will establish long-term partnerships with top influencers and bloggers on social media that will drive new members and investors to our community.
Funds allocation
40% to the liquidity of Connect (CT). (Permanent)
30% to CONNECTx Liquidity. (Permanent)
30% allocated for long-term project development and exchange listings.
Public Presale
Top Frequently asked questions.
1 Q. What will happen to unsold tokens?
A. Tokens will remain in the presale smart contract, and the future of those tokens will be decided through community voting.
2 Q. When will the presale start?
A. It’s hard to tell the exact date at this stage, as we need a little bit of time for establishing strategic partnerships and setting up the platform. We want to be transparent with our community, and ensure that investors will not only get tokens but become a part of an amazing ecosystem with a set of community bonuses and products. An approx. time is ~1.5-2 weeks.
Presale terms:
Presale discount: 20%, 15%, 5%.
Presale period: 2.5 Weeks
Presale price: 110$
Community Governance 👍👎
One of the mains Connect’s token purpose — is to govern the project, we believe that a dedicated community governance system will guide the project development towards a better future. CT holders will be able to cast their votes toward strategic partnerships, additional liquidity pools, and propose an update to the ecosystem. Tokens used for voting will be vested for 3 days and then returned back to voters.
