Aligned announces ALIGN token economic model, total supply of 10 billion, initial circulation of 30%
2024-12-11 07:02
Odaily Planet Daily News: The Aligned Foundation has announced the economic model of the token ALIGN. The total supply of ALIGN is 10 billion, and the initial circulation is 3 billion (i.e. 30%), most of which will flow to the community to incentivize early work and contributions, promote the development of Aligned-based applications and products, and help Aligned achieve its roadmap and long-term vision. The specific distribution plan of ALIGN is as follows:
Ecosystems and communities: 44%;
Foundation: 10%;
Team: 23.5%
Investors: 22.5%.
In April this year, Aligned officially announced the completion of a $2.6 million seed round of financing and a $20 million Series A round of financing, led by Lemniscap and Hack VC respectively.
