The Big Reveal of the Sophon Token Distribution Plan! How to distribute 10 billion tokens?
Sophon (SOPH) has a total supply of 10 billion tokens! When it goes live on Binance, 2 billion tokens will be in circulation, so how will the remaining 8 billion be distributed? Today, let's uncover this!
First, when it goes live on Binance, 2 billion SOPH tokens will be released for trading. This 2 billion is the main event, directly determining the initial price and liquidity of Sophon.
Then, the project team has also prepared 150 million SOPH tokens to airdrop to HODLers, which means long-term holders. This move is quite clever as it can incentivize everyone to hold SOPH while also increasing the liquidity of the token.
But wait, there's more! After the spot launch, the project team will also distribute an additional 50 million SOPH tokens in batches for other market activities, such as market making and promotions. In another 6 months, another 150 million SOPH tokens will be distributed in batches for other market activities.
Calculating this way, the project team still holds a considerable amount of SOPH! How and when these tokens will be used directly impacts the price of Sophon. So, when investing in Sophon, keep an eye on the project team's actions to avoid getting scammed!
In summary, Sophon's token distribution plan is quite meticulous. The project team considers both liquidity and market promotion while also thinking about incentivizing holders. As for how effective it will be, we'll just have to wait and see!
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