Token Generation Event (TGE) Structure
The Token Generation Event (TGE) occurred November 5, 2024. During the TGE, 10% of the maximum token supply (100,000,000 $OSMI) was minted and allocated as follows:
Node Rewards (50% - 50,000,000 $OSMI)
50% of minted tokens are distributed to node operators for developing and maintaining the OSMI ecosystem during the pre-launch phase of OSMI development
Node operators running the OSMI backend and inference were rewarded for uptime
This distribution will vest over 90 days, starting at the same time as the initial public node license offering, November 25, 2024
Vesting follows the same vesting period and rules as all other nodes
KOLs, Listings, and Market Making (20% - 20,000,000 $OSMI)
20% of the tokens are allocated for exchange listings, market making, and liquidity activities.
Collaboration with reputable market makers will ensure sufficient liquidity and market stability.
Project Fund (20% - 20,000,000 $OSMI)
Funds reserved for the project’s ongoing development, operational costs, and future initiatives.
Ensures sustainable growth and continuous development of real-world value and utility for the $OSMI ecosystem.
Referral Program (10% - 10,000,000 $OSMI)
10% is set aside for referral incentives, encouraging community growth and engagement.
Rewards are distributed based on community participation and successful referrals, contributing to organic ecosystem expansion.
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