Tokenomics v1

Note: We are in a fast-pace changing environment, therefore terms may be subject to change, always to prioritize the well-being of the project.

Token Details

  • Token Name: HbarSuite

  • Token Symbol: HSUITE

  • Token Id: 0.0.786931

  • Max Supply: 50 billion

Token Allocations (generic):

  • 22% IPO and ITOs.

  • 18% Development.

  • 6% Marketing

  • 10% Smart-Drops.

  • 44% treasury.

Token Allocations (more details):

Immediate-Pledge-Order (IPO) (completed)

  • 4% max supply (2 billion) to be offered in the IPO at $0.0001

  • to raise immediate funds.

  • IPO tokens will be locked for 12 months, then released 8% monthly.

Round 1 Initial-Token-Offering (ITO) (completed)

  • 6% max supply (3 billion) to be offered in the ITO at 0.0025 HBAR.

  • Round 1 ITO tokens will NOT be locked.

  • This will raise adequate funds to complete six months of heavy marketing strategy and development.

Round 2 Initial-Token-Offering (ITO) (completed)

  • 12% max supply (6 billion) to be offered in the ITO at 0.004 HBAR (calculated at $0.07 HBAR) voted on by the limited DAO prior to Round 2.

  • Round 2 ITO tokens will NOT be locked.

  • IMPORTANT: Those values are calculated at the price of HBAR being $0.07. In case HBAR drops to, example $0.06, there will be a price adjustment of 0.000X HBAR to maintain its value. This is in order to protect previous rounds buyers, to avoid that further market crashes make Round 2 price cheaper than Round 1.

The remaining supply

  • 18% max supply (9 billion) for development.

  • 6% max supply (3 billion) for marketing.

  • 10% max supply (5 billion) for smart-drops.

  • 44% max supply (22 billion) for treasury balance.

Last updated