According to Foresight News, Web3 data infrastructure project Chainbase has announced the launch of its native token C and revealed its economic model and distribution mechanism. C is the core asset of the Hyperdata Network, used for data access, ecological incentives, decentralized verification, protocol governance, and DataFi settlement.
The total supply of token C is 1 billion, with an initial unlock ratio of 16%. Of this, 40% will be used for ecological and community development, 13% for three rounds of airdrop incentives (the first quarter includes 2% community airdrop and 1.5% Binance Alpha incentives), 12% allocated for node incentives, 17% allocated for early investors, 15% for the core team, and 3% reserved for liquidity.
The token will be issued on both Base and BNB Chain, using a parallel mechanism of Cliff and linear unlocking to accommodate the growth of platform usage. Chainbase has indexed over 200 chains, serving more than 10,000 projects and 35,000 developers, with cumulative data calls exceeding 500 billion.