Vesting Allocations

At genesis, HashPack will deploy a set of vesting contracts where 800 million PACK will be locked. Over a span of 6 years starting from genesis, these tokens will undergo a linear vesting process.

  • Community: 51% of the total supply (510 million PACK) vested to the Community Treasury multi-sig.

  • Marketing: 10% of the total supply (100 million PACK) vested to a HashPack controlled multi-sig.

  • Operations: 10% of the total supply (100 million PACK) vested to a HashPack controlled multi-sig.

  • Core Development: 27% of the total supply (270 million PACK) vested to a HashPack controlled multi-sig.

The vesting contract ID and the treasury account IDs will be added to this document once they are created.

The vesting allocations will be used to support a variety of initiatives related to $PACK utilities described in this document, and the development of HashPack. Our goal is to create a thriving ecosystem, driving innovation on Hedera and building out the best web3 experience in crypto.

The vesting schedule will begin around a week to ten days prior to the launch of PACK to make sure that the community account has funds to distribute PackBack rewards directly at launch.

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