As we enter the final hours leading up to our TGE, we are delighted to recognize the excitement in our community. And I can confidently say that the TryHards team deserves you. We haven’t overlooked the importance of keeping our investors confident and secure after $TRY TGE.
Many times we have seen projects release all their tokens to individual investors at once. Which inevitably leads to a cheap sale. Not only did this choice crash the price. but also the momentum that the project is building as it nears the sale date. It hinders the prospect of sustainable growth and is emotionally destructive for long-term investors.
To avoid this and to guarantee that TryHards will provide both in-game and theoretical services. We therefore decided to take a generic route like a project called token vesting. The percentage of tokens allocated to each investor will be unlocked periodically until all the tokens are distributed.
Let’s use some simple numbers to give you a clear example of what this is. Suppose an investor participates in a project and receives 1000 tokens with a grant period of 12 months. Assuming an allocation is unlocked at a rate of 10% which is 100 tokens, this means that over the course of 12 months, the investor Invest will receive 8.18% of the total allocation until the grant is completed.
In the case of TryHards, we’ll use a different grant and percentage table than the example shown above.
- SEED round investors will receive 5% of the total allocation 6 hours after TGE. The remaining tokens will be distributed after 30 days from TGE on the daily grant schedule for 12 months.
- STRATEGIC round investors will receive 10% of the total allocation 4 hours after TGE, the remaining tokens will be distributed after 30 days from TGE on the daily grant schedule for 12 months.
- PRIVATE round investors will receive 10% of the total allocation 2 hours after TGE, the remaining tokens will be distributed after 30 days from TGE on a daily grant schedule for 9 months.
- IDO investors will receive 34% of their total allocation at TGE, with the remainder split in two. (No daily entitlements) and distributed over 3 months.
Scheduled token launches will help stabilize the price of $TRY over the coming weeks and months. This ultimately encourages new investors and investors to join us!
You can access the TryHards Vesting Portal. here
Please note:
- If you invest through mutual funds You may not be able to access our Vesting Portal in such cases. Your mutual fund can help you.
- We advise all investors to verify the exact number of tokens they have unlocked. To prevent failed transactions to sell.
above all We thank you all for your continued support and enthusiasm. And look forward to meeting you at our launch event!
Token Vesting PortalThe $TRY Vesting Portal token will be available to SEED, STRATEGIC, PRIVATE & IDO investors at 16:00 UTC on November 24th. Use the link.this
refer : LINK
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