7.4 QTCON Lock-up & Release Plan
QTCON will be distributed on a circulation market to stabilize the market price of QTCON after which issued a token and Mar. 2018 private sales and then, from Apr. 2018 on an average 24~39 months lockup period.
TGE : Token Generator Event
1️⃣ Reward Pool : Unlock
* Since the APP service launching on Aug. 2020, it will be distributed according to increase QUIZTOK users and community as reward.
2️⃣ Sale : Lockup period - 16months from TGE
* It will be distributed as planned quantity every month from July 2020.
3️⃣ Advisor & Contributor : Lockup period - 28months from TGE
* It will be distributed as planned quantity every month from July 2021.
4️⃣ Community : Lockup period - 20months from TGE
* It will be distributed as planned quantity every month from November 2020.
* The amount of distribution can decrease or increase depending on the speed of QUIZTOK business expansion.
5️⃣ Reserved : Lockup period - 15months from TGE * It will be distributed as planned quantity every month from June 2020.
* In case of need the funds in order to expand business of QUIZTOK, it can distribute the number of QTCON that correspond with necessary funds.
6️⃣ Internal Team: Lockup period - 28months from TGE
* It will be distributed as planned quantity every month from July 2021.
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