Token Unlock Schedule update

GM, Community!

For the past few weeks, we’ve been speaking extensively with lots of partners, advisors, investors and, of course, community members about our token’s unlock schedule.

Based on all the feedback and advice we gathered, we have made a few changes.

Playing Rewards

We want to unlock 4% of these tokens at the Token Generation Event (TGE) to use these tokens to reward early community members for participation in various community building and growth activities.

So the new unlock schedule is: 4% unlocked at the TGE, then 4% more each month

Ecosystem

Similar to Playing Rewards, we want to unlock 2.5% of these tokens at the TGE to use these tokens for collaborations with influencers and creators, and for other marketing activities.

So the new unlock schedule is: 2.5% unlocked at the TGE, then 2.5% more each month

Team

With the changes to the Team unlock schedule we want to reiterate our emphasis on the long-term sustainability and success of our shared metaverse. That is why we introduce a big cliff to this pool of tokens and slower unlock. We believe in what we do and are determined, with your help and support, to make Blast Royale the best free to play and fun to earn Battle Royale there is on the planet.

The new unlock schedule is: 0% unlocked at the TGE, then 9 months cliff, then 2% unlocked each month

Advisors

The last change is about the pool for Advisors. As we are very much together on this journey, we will use the same unlock and vesting schedule as for the Team.

The new unlock schedule is: 0% unlocked at the TGE, then 9 months cliff, then 2% unlocked each month

All the aforementioned changes are reflected on our updated whitepaper page as well: https://first-light-games.gitbook.io/blast-royale/tokenomics/allocation-and-unlock-schedule

Thank you for your support on this exciting journey. There’s a great year ahead, so let’s #blasttothefuture!