TechFlow News — Iron Fish has published its tokenomics model on the official website. The genesis block will contain 42 million tokens, allocated as follows: Iron Fish Foundation: 18%; Airdrop to testnet participants: 2.25%; Future airdrops: 2.25%; Pre-Seed round investors: 5.1%; Seed round investors: 9.9%; Series A round investors: 14.5%; Advisors: 0.6%; Core development team: 37.4%; IF Labs: 5%; Donation fund: 5%.
The mainnet is expected to launch on April 30. There will be a one-year lock-up period for investors, advisors, and employees after mainnet goes live.
Previously reported, in November last year, privacy-focused crypto startup Iron Fish raised $27.6 million in a Series A funding round led by a16z. Other investors include Sequoia Capital, LinkedIn Executive Chairman Jeff Weiner, among others.Source link
