Bee Token Distribution Metrics
2 min readDec 19, 2017
We wanted to take the time to explain the numbers around our Token Distribution. We hope that this will clear up any confusion surrounding our upcoming Public Presale and Token Sale.
Token Supply and Sale:
- The overall number of BEE tokens will be 500 million.
- The hardcap of our total token distribution is $15M USD. The number of tokens we are offering to the public is 150 million, which amounts to 30% of the total amount of BEE Tokens.
Team & Advisors
- 15% of the tokens will be locked up for our Advisors and our Team, and they are to be locked up on a 2 year vesting schedule, after a 6 month cliff the team will receive ¼ of their allocation, and then every month thereafter receive 1/24th of their allocation until the 2 years is up.
Community Reserve
- The 30% community allocation will be used for referral programs, incentives, and marketing initiatives targeted at growing the user base.
Company Reserve
- The 25% company reserve will be used for future headcount, strategic initiatives, and operational overhead.
Bonuses:
- We have offered bonuses in both or Private Presale and our Public Presale:
- The bonuses for participants in our Private Presale were from 60%-100%
- The bonus for participants in our Public Presale will be 30%
- There are no bonuses in our Token Sale.
- All bonuses will be locked for 1 month following sale.
Contribution Amounts:
- The public presale has a fixed contribution amount of 30 ETH.
- The min and max contribution amounts for the Token Sale will be finalized a few days before the Token Sale. Initial range estimates are between .1 ETH min and 20 ETH max contribution.
Geographies:
- Participants from the following countries/territories are excluded from our Public Presale: China/Taiwan/Hong Kong/New York State
- Participants (including accredited investors) from the following countries/territories are excluded from our Token Sale: US/Canada/Taiwan/Hong Kong/New York State
Links:
Email: min@thebeetoken.com
