Introduction to the concept of assignment
The gradual allocation or devolution of tokens is a common practice in cryptocurrencies. It aims to align the long-term interests of participants with the health and growth of the project. In the Bitexcoin ecosystem, devolution is seen as a key strategy to ensure the strategic distribution of tokens and contribute to the stability and sustainability of the project.
Why is vesting important for Bitexcoin?
Vesting ensures commitment by allocating tokens to founders, team members, investors, and advisors over a predetermined period. This approach prevents mass and immediate token sales, reduces market volatility, and provides more stable and predictable growth in token value. It also ensures that the team’s interests are aligned with the long-term success of Bitexcoin and encourages ongoing contributions to the project’s development and innovation.
Assignment objectives within the ICO framework
The staking program is a carefully considered element of the Bitexcoin token. Its goals are strategic: to promote fair distribution of tokens, protect against market volatility, and encourage sustainable growth of the token for all its holders.
Stabilizing the token value in the long term
Bitexcoin’s gradual release allows the market to gradually integrate new tokens, thereby avoiding excessive price volatility.
Bitexcoin does this to reward ICO participants for their support by maximizing the value the token can gain in the long term.
Prevent market dumping
By introducing its token to the market in a measured and gradual manner, Bitexcoin minimizes the risk of extreme price fluctuations after listing.
Specifically, it prevents crowd sales, where a large amount of tokens are sold at once, causing a sharp drop in their value.
Distribute tokens fairly
By allocating tokens over a staggered period of time, the assignment prevents any one entity from accumulating an excess share of the supply from the outset.
Bitexcoin is keen to promote the democratic distribution of its token to give everyone a fair opportunity to participate and benefit from the project’s success.
Create deep commitment to the project
The disinvestment program encourages a long-term investment perspective.
This aligns the interests of token holders with the continued growth and success of Bitexcoin and encourages them to engage more deeply with the project.
Strengthening investor confidence
The vesting period for the founders and team is 3 years. A long-term issuance plan that reflects their long-term commitment
This demonstrates their confidence in Bitexcoin’s potential and aims to reassure investors of their commitment to achieving their goals.
Stability and transparency
Bitexcoin chooses full transparency in its devolution plan, ensuring the stability of the ecosystem and the intrinsic value of the tokens.
This gives investors a clear, surprise-free view of their token issuance.
The first offering of tokens to investors will take place two weeks after listing to minimize selling pressure and support the growth of the token value during the initial trading period.
Royalty Grant for ICO Investors:
Public sale investors will have a vesting period of 15 to 41 weeks (approximately 3 to 9 months), which will gradually decrease depending on the time of purchase. The token release phase is designed to maintain a steady flow of Bitexcoins into the market.
Last Call investors who purchase Bitexcoin coins at the listed price will not have a vesting period, providing immediate liquidity for these last call investors.
Awarding points to the team and founders:
Partners and advisors are subject to a 52-week (approximately 12 months) vesting period. Token issuance will begin 26 weeks after listing or agreement. This timeline reflects Bitexcoin’s willingness to partner with individuals and entities that believe in the potential of Bitexcoin. These vesting terms may be adjusted slightly depending on the specific partnerships and the evolving context of the partnerships to ensure flexibility and mutual benefit.
This divestment plan highlights Bitexcoin’s determination for the success of the project and its confidence in the value Bitexcoin will deliver over time. By aligning the incentives of all stakeholders, Bitexcoin seeks to create a strong and thriving ecosystem focused on sustainable growth.
Vesting Benefits for the Bitexcoin Ecosystem
The share allocation strategy adopted by Bitexcoin is essential to bolster investor confidence and encourage adoption of its token. Its benefits are multiple:
Market stability: By guaranteeing the gradual and controlled entry of new tokens into the market, Bitexcoin reduces the fear of hasty sales and prevents the peak of fluctuations.
Project Lifespan: By gradually releasing tokens, Bitexcoin confirms its long-term commitment to the success of the project.
Alignment of Interests: Multi-level delegation ensures that founders, team members, partners, and advisors remain committed over a long period and align their efforts with achieving Bitexcoin’s milestones and goals.
Community Trust: The structure of the delegation process demonstrates Bitexcoin’s commitment to responsible governance and equitable growth.
Utility and Value: By valuing the potential of its tokens, Bitexcoin encourages people to hold and use them in the long term. Over time, this strategy also encourages innovation and attracts new partnerships, enriching the Bitexcoin ecosystem.
Investors can track the process of handing over their Bitexcoin tokens directly in the Bitexcoin app or on the ICO dashboard.
A comprehensive and personalized ICO calendar allows everyone to stay informed of when their tokens will be launched and the number of tokens being offered in each period.
Investors can decide whether to keep their purchased tokens in the Bitexcoin ecosystem to benefit from DeFi capabilities or transfer them to an external wallet of their choice.
Bitexcoin commits to regularly communicating with its community about the handover process and new capabilities related to token management on the Bitexcoin platform.
In short, Bitexcoin’s detailed devolution plan demonstrates its commitment to promoting a healthy, sustainable, and equitable ecosystem. It aims to align the interests of all and ensure the security and prosperity of the community while ensuring the sustainability and success of the project.