Genesis PACK Allocation

At launch, a total of 200 million PACK tokens will enter circulation.

Tokens in the Community category will be distributed to eligible community members who participated in the HashPack Concierge Collection and qualified from the snapshot taken from the other selected collections. Tokens in the Liquidity, Marketing, Operations and Core Development categories will fall under HashPack ownership.

Category
Number of tokens
% of initial supply
% of max supply

Liquidity

20,000,000

10%

2%

Community

160,000,000

80%

16%

Marketing

6,000,000

3%

0.6%

Operations

6,000,000

3%

0.6%

Core development

8,000,000

4%

0.8%

Total

200,000,000

100%

20%

Liquidity

2% of the max supply (20 million $PACK) will be used to seed the initial liquidity pool on SaucerSwap and converted to PACK/HBAR LP tokens, these will be locked up for liquidity provision for one year.

Community

16% of the max supply (160 million $PACK) will be distributed to community members holding the qualifying collection NFTs based on the type and number of NFTs in their account.

The exact list of collections included in the $PACK airdrop were not provided before the snapshot was taken, to avoid undesirable market behaviour of those collections. These collections were included to recognize HashPack users who have been a part of our community and there was no indication that they were part of the distribution prior to the announcement. The amount of $PACK allocation for each collection (with the exception of the Concierge Collectibles) were not announced until after the completion of the Concierge Collectible event so as not to influence the Concierge event.

NFT Collection
$PACK Allocation

Concierge Collectible First Class

36,000

Concierge Collectible Premium

20,800

Concierge Collectible Standard

9,200

Concierge Collectible Fully Packed (Multiplier)

6,000

HashPack Early Supporter (Gold)

2,774

HashPack Early Adopter (Purple)

160

HashPack Themes (Basic, Special, Bonacci, HANGRY)

700

HashPack Hackathon Golden Coin

3,300

HashPack HashPack x HMNKY

1,200

‍HashPack Donation Receipt

36,000

From the 160 million $PACK distributed to the community, 142,094,570 $PACK will be distributed to users holding the HashPack Concierge Collectibles, and 17,905,430 $PACK will go to the users holding the remaining collections.

The leftover PACK from users that don’t have $PACK associated to their accounts at the moment of distribution will be sent to the community treasury account to fund PackBack rewards and other community centric initiatives.

Marketing

0.6% of the max supply (6 million $PACK) will be sent to a HashPack controlled marketing multi-sig.

Operations

0.6% of the max supply (6 million $PACK) will be sent to a HashPack controlled operations multi-sig.

Core Development

0.8% of the max supply (6 million $PACK) will be sent to a HashPack controlled core development multi-sig.

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