Moxy Foundation
Last updated
Last updated
Moxy Foundation is set up to facilitate the operations expenses of the Moxy team to ensure a sustainable commercial model. All activities that develop Moxy into a bigger and better platform and ecosystem, making it more accessible for gamers and $MOXY token holders (including marketing, exchange listing, business development, user acquisitions, platform R&D etc.) will take budget from this pool of funds.
Initially, 25% of the $MOXY token supply is allocated to the Moxy Foundation with 25% unlocked at TGE, 6 months cliff, and 24-month daily linear vesting.
1% of all turnover and 50% of the revenue will also be distributed to the Moxy Foundation to further expand and grow the platform and ecosystem.