Pieverse has announced the economic model for its native token, $PIEVERSE, which will serve both utility and governance functions. The total supply is set at 1 billion tokens, with allocations including 27.6% for community development, 27.4% for ecosystem and market growth, 20% for team and advisors, 15% for investors, and 10% for the foundation. Allocations for team, advisors, investors, and core contributors will undergo a 12-month vesting period followed by a linear release.
This announcement follows Pieverse's recent strategic funding achievements, including a $7 million round led by Animoca Brands and UOB Venture, and a $3 million investment from CMS Holdings to support the expansion of x402b on the BNB Chain. These investments bring Pieverse's total funding to $10 million.
Pieverse Unveils $PIEVERSE Token Model with 1 Billion Supply
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
