Skate Foundation Unveils SKATE Token Economic Model with 1 Billion Supply
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The Skate Foundation has introduced the economic model for its SKATE token, integral to its multi-virtual machine infrastructure. The total supply of SKATE is capped at 1 billion tokens. The distribution includes 10% allocated to the team, 1.5% for public sale, 18% reserved for ecological purposes, 10% designated for an initial airdrop, 15% for investors and consultants, and 45.5% for community allocation. This strategic distribution aims to support the foundation's growth and community engagement.
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