About Sappchat Token ($app)
Sappchat utility token is used for yield farming, staking, and powering products and services within the Sappchat messaging application.
Contract Address: 0x097f8ae21e81d4f248a2e2d18543c6b3cc0d8e59
Sappchat
Token name
$APP
Ticker name
1 Billion
Total supply
BEP-20
Token Type
$APP Token Distribution
Total Supply Locked for Backers (10% at launch, then 11.25% monthly release starting 1 month after TGE for 8 months)
Total Supply Locked for Private sale (20% at launch, then 13.33% monthly release starting 1 month after TGE for 6 months)
Total Supply Locked for Public sale (TGE unlock rate 100%)
Total Supply Locked for Team (Locked 100% through smart contract, 6 month cliff, release over 36 months)
Total Supply Locked for Advisors and Strategic Partners (Locked 100% through smart contract, 4 months cliff, release over 18 months)
Total Supply Locked for Community Incentive Programs, and Ecosystem Growth (Locked 100% through smart contract, 1 month cliff, unlocked over 5 years)
Locked for Staking reward and Listing liquidity (Locked 100% through smart contract and released as needed)
Total Supply Locked for Future Development Reserve (Locked 100% through smart contract, 5 months cliff, and unlocked as and when required)
Total Supply Locked budget for various marketing activities (Locked 100% through smart contract, 6 months cliff, and unlocked as and when required)
Fund Utilization
Raised Fund to be locked on DEX Exchange liquidity after token sales
Raised Fund to be used for the Sappchat Ecosystem Products Development
Raised Fund to be used for Potential Centralized Exchange listings
Raised Fund to be used for Marketing and Partnerships
Raised Fund to be used for Growth and Expansion of Sappchat Ecosystem
Raised Fund to be used for Buyback (Burning and Continuous Staking pool rewards)