$GEN Burn & Token Release(Unlock) Schedule

Hello. This is Web 3.0 protocol Generation($GEN).

Generation decided to burn some of the allocation amount($GEN) of investors, team, advisors, marketing, and liquidity of $GEN to revitalize Generation protocol and products.

Here we share schedules of lockup release(unlock) & burn of $GEN.

Token Burn

Token Symbol : GEN
Token Burn Amount : 633,250,000

※Token Burn Details

Sale

• Token Burn Amount : 500,000,000
• Token Burn TX : https://etherscan.io/tx/0x40e4a3a08cba49c07737cad99e4478e17a582fae57a2e8e1496d1d8e7f31d688
• Token Burn States : Success

Marketing

• Token Burn Amount : 60,000,000
• Token Burn TX : https://etherscan.io/tx/0x45e5ba5c1689d1bda2b0f7b5dce9f7da90ccd3074d21487767b2ccd39bea4922
• Token Burn States : Success

Liquidity

• Token Burn Amount : 28,000,000
• Token Burn TX : https://etherscan.io/tx/0xab08b786341f2eb22e2ddb05aed62c8ec3b5ecece926ae419d64aaea6ff330ec
• Token Burn States : Success

Team

• Token Burn Amount : 37,500,000
• Token Burn TX : https://etherscan.io/tx/0x8a85da702593704be71eaa12c3ae6ba8de6a53e319c5510324961fbf81286f8d
• Token Burn States : Success

Advisor

• Token Burn Amount : 7,750,000
• Token Burn TX : https://etherscan.io/tx/0xcda998c844fa9fcc73a20ac89527478125427a3ae13a1ac5f96adcd63613c3ac
• Token Burn States : Success

※Disclosure(Xangle)

• Details : https://xangle.io/project/GENERATION/insight/disclosure/6357407b5024b8aa53d4acff?utm_source=telegram&utm_medium=organic_social&utm_campaign=disclosure_push

Token Release

※Token Release Period

• November 01, 2022 ~ December 31 2022

※Total amount of Token Release

• 53,800,831

※Token Supply

• Projected Total Supply : 9,366,750,000
• Circulating Token Supply (Before Token Release) : 19,489,165
• Token Supply (After Token Release) : 53,800,831

※Token Release Schedule Details

November 2022

• Ecosystem : 5,072,500
• Marketing : 8,083,333
• Liquidity : 4,000,000

December 2022

• Ecosystem : 5,072,500
• Marketing : 8,083,333
• Liquidity : 4,000,000

※Token Release Details

• 2022 Q4 Token Supply : 51,467,499
• Token Balance(Foundation) : 8,366,750,000

※Disclosure(Xangle)

• Details : https://xangle.io/project/GENERATION/insight/disclosure/635742787686bfa3e0dcfdb2?utm_source=telegram&utm_medium=organic_social&utm_campaign=disclosure_push

About Generation

Generation (GEN) is an interoperable protocol for extending the Web 3.0 ecosystem.

GEN intends to actively support the three values of ‘freedom’, ‘sovereignty’, and ‘decentralization’ while composing the Web 3.0 ecosystem. The first ‘freedom’ guarantees ‘freedom’ of expression and the privacy of data by utilizing blockchain. The second ‘sovereignty’ allows users to strengthen and own the ‘data sovereignty’ in the Generation ecosystem in line with the Web 3.0 era and obtain rewards by using it. The third ‘decentralization’ utilizes Generation Protocol to operate decentralized networks and assets.

Through these three values, users can experience the true Web 3.0 and become the members of GEN ecosystem.

Why Generation?

GEN utilizes the GEN Protocol to allow projects of various blockchain networks to solve the on-chain scalability trilemma of the blockchain network by utilizing the functions of GEN Protocol and Generation’s products, Pinetree Space and 3 Seconds Club. Participants can expand and complete the Web 3.0 ecosystem with users through fast transaction speed and payment.

📍Webpage | 📍Twitter | 📍TG Group | 📍 Facebook | 📍White Paper 2.0 | 📍ProbitGlobal(Exchange) | 📍GEN Explorer

For more information or partnership inquiries, please contact us at contact@gen.foundation.