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BOB announced its Token economic model and stated that the TGE will take place on November 20th, Eastern Time.
PANews, November 20 news, the hybrid public chain project BOB (Build on Bitcoin) announced on X that it will hold its TGE on November 20, Eastern Time, and for the first time publicly disclose the $BOB Token economic model on its official blog. The total supply of tokens will be 10 billion coins, which will be minted on the BOB hybrid chain and presented in the form of ERC20 tokens. The distribution rules are as follows:
50.91% of the $BOB Token is allocated to the BOB community and ecosystem: initial subscription (4.15%), community public sale (2.00%), and ongoing ecosystem and community incentive programs (44.76%);
10% of $BOB has been allocated to the BOB Foundation to fund research and development initiatives aimed at expanding and improving BOB products, distribution, and technical design.
Approximately 20.09% of $BOB Token is allocated to provide
BTC0.61%
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