Announcement of MSB supply lockup
These lockup is used as a preventive strategy to maintain a stable long-term value
MISBLOC (Medical Information Service with Blockchain) is a medical service ecosystem, which is based on blockchain technology. MISBLOC offers a sustainable and efficient medical service ecosystem, by providing reliable medical information to patients, medical institutions, and public institutions in the Big Data era.
The MISBLOC team has decided to lockup the amount of the foundation that will be released in November and December 2022 and not distribute it for one year in order to defend the MSB price and create a healthy token ecosystem.
The lock-up quantity is as follows.
November 2022: 3,250,000 MSB
December 2022: 4,875,000 MSB
Total : 8,125,000 MSB
MSB Token Lockup Release Schedule (2020/05/01–2024/02/01):
In addition, MISBLOC plans to launch ‘Certilife’, a medical material NFT business, in February next year. Medical material activation through ‘Certilife’ In principle, the NFT will pay a portion of the issuance fee in MSB tokens.
MISBLOC will form a continuous burning model of MSB tokens, and for the time being, consider the monthly circulation volume lockup, and will make efforts to prevent the decline in MSB value and raise the price upward.
- Lock Up: The term token lockup refers to a specific period of time in which cryptocurrency tokens cannot be transacted or traded. When the amount of lock-up increases, as the amount of tokens circulating in the market decreases, it is possible to form a market price that matches the value of the token, thereby protecting investors and increasing the value.