StarryNift announces token economics, up to 10% of tokens will be used for initial airdrop

Odaily News Zhongchuang Metaverse platform StarryNift announced token economics and will allocate up to 10% of tokens for initial airdrops. The tokens will be distributed using a comprehensive model that takes into account various factors, including NFT holders, active users, ecosystem supporters and partners. The StarryNift team will receive 5% of the token allocation, and team tokens and financial tokens will have a 1-year cliff unlocking period, followed by linear vesting over 5 years. Equity and token investors will receive a limited number of vested tokens during the TGE period. Previously, OKX Ventures announced a strategic investment in StarryNift. StarryNift is a mass-innovation platform that integrates gaming, social networking and entertainment. The Code Green NFT and Citizenship DID series it incubated and issued already have a community of 150,000 cardholders. It has previously acquired SIG, Binance Labs, DFG, Leland Ventures, etc. Institutional venture capital.