BlockBeats news, on August 6, the Web3 live trading platform Sidekick announced the establishment of the Sidekick Foundation and the issuance of its native token K. This token drives real-time interaction on the platform, creator monetization, and community engagement. It enables seamless value exchange among streamers, viewers, and partners, facilitating various functions from live streaming gifts, staking, to premium access, rewards, and decentralized governance.
The K tokenomics has a total token supply of 1 billion. Of this: ecosystem growth (20%), long-term community incentives (20%), liquidity incentives (4%), foundation (16%), advisors (5%), core contributors (15%), and investors (20%).
The initial circulating supply of tokens is 111,333,333 K (accounting for 11.13% of the total token supply), including: ecosystem growth (6.883%), long-term community incentives (1.5%), liquidity incentives (2%), and foundation (0.75%).
Lock-up terms: The allocation for investors, advisors, and core contributors must be locked for 12 months, followed by a 24-month linear unlock.