Genesis PACK Allocation
Last updated
Last updated
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 |
---|---|---|---|
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.
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 |
---|---|
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.
0.6% of the max supply (6 million $PACK) will be sent to a HashPack controlled marketing multi-sig.
0.6% of the max supply (6 million $PACK) will be sent to a HashPack controlled operations multi-sig.
0.8% of the max supply (6 million $PACK) will be sent to a HashPack controlled core development multi-sig.
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%
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