DeBox Unveils Tokenomics, Announces 5% Airdrop

IconCryptoNewsTerminal Staff08 Sep, 2024

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DeBox Unveils Tokenomics, Announces 5% Airdrop

DeBox, a decentralized Web3 social platform based on decentralized identifiers (DIDs), has unveiled the tokenomics of its native token, BOX, through X. With a total supply of 1 billion BOX tokens, the distribution is allocated as follows: 35% for ecosystem incentives 20% for the foundation 20% for investors 17% for the team 5% for airdrop 2% for liquidity * 1% for launch marketing This announcement provides clarity and transparency regarding the distribution and allocation of BOX tokens. It is a significant step for DeBox as it prepares to launch its platform and foster a vibrant community. The airdrop of 5% of the total supply is a generous gesture that will allow users to participate in the DeBox ecosystem from the beginning. DeBox is building a decentralized Web3 social platform that empowers users to own and control their data. It leverage DIDs to create a truly decentralized and privacy-preserving social experience. The platform incorporates social media, messaging, decentralized storage, and more, providing users with a comprehensive suite of tools to connect and engage online. The unveiling of the BOX tokenomics and the upcoming airdrop are exciting developments for DeBox and the broader Web3 community. As the platform continues to evolve, we can anticipate further updates and announcements that will shape its future and impact the social media landscape.