ChainCatcher news, LiveFi project Sidekick announces the establishment of the Sidekick Foundation and the launch of the native token $K. The $K token will be used for real-time tipping, subscription rewards, content unlocking, and decentralized governance.
The total token supply is 1 billion, with an initial circulation of 11.13%. Tokens for investors and core contributors will be locked for 12 months, and then released linearly over 24 months.
The token distribution plan is as follows:
Ecosystem Growth (20%)
Long-term Community Incentives (20%)
Liquidity Incentives (4%)
Foundation (16%)
Advisors (5%)
Core Contributors (15%)
Investors (20%)
It is reported that Binance Alpha will launch Sidekick ($K) on August 8. Sidekick is the seventh season MVB accelerator project on the BNB Chain and has received investment from Binance Labs.
