As promised we would provide an article with all the details of our upcoming TRIS NFT mint and the tokenomics of PintSwap.
For our public sale we will mint TRIS NFTS; those NFTs will be redeemable for $PINT tokens at our TGE. The TGE will take place soon after we complete our public sale. The first part of our Public sale will be for people on the Whitelist; after that, it will be available for everyone.
The details of the public sale are as follows:
Date & Time: August 1st, 7PM CET
(we will provide a countdown timer + overview for the different time zones in a Twitter post)
Total TRIS NFTs: 1,000
Price per TRIS: 500$, 0.27ETH at current prices
% of $PINT supply: 1,000 TRIS NFTs will be redeemable for 10% of the $PINT supply
FDV for TRIS sale: 5M, 790K mcap at launch
After the Mint goes live people on the whitelist will have 12 hours to mint their TRIS NFT, after that the remaining TRIS will be available to everyone. 20% of the Raised ETH will be added to the LP pool at TGE. The rest of the funds will be used for further development of the PintSwap protocol. This includes employee compensation & other protocol costs.
Token Distribution
Team: 20%, 3 month cliff & 12-month linear vesting
Advisors: 3%, 3 month cliff & 12-month linear vesting
Seed round: 5.2%, 25% unlock at TGE, 12-month linear vesting, 52k round at 1M FDV
Public sale: 10%, 100% unlock at TGE, 500k round at 5M FDV
Liquidity TGE: 2% for 200k LP pool at launch
Treasury: 10%, 25% unlock at TGE, 12-month linear vesting
PintDAO: 49.8% controlled via governance vote
