Root Protocol announces ISME token economics: a total of 1 billion tokens, with 1% allocated for community presale

ChainCatcher news, Web3 digital identity service provider Root Protocol officially announces the tokenomics of its native token ISME, with a total supply of 1 billion tokens.

The details of the token distribution and issuance are as follows:

• Angel Round: Price $0.015, total supply 60 million tokens, accounting for 6%, unlocked quarterly over 24 months, with a 3-month cliff.
• Strategic Round: Price $0.03, total supply 100 million tokens, accounting for 10%, 5% unlocked at launch, then quarterly unlocked over 18 months.
• Private Round I: Price $0.04-0.06, total supply 90 million tokens, accounting for 9%, 10% unlocked at launch, then quarterly unlocked over 18 months.
• Private Round II: Price $0.08-0.10, total supply 40 million tokens, accounting for 4%, 10% unlocked at launch, then quarterly unlocked over 18 months.
• Community Presale: Price $0.08, total supply 10 million tokens, accounting for 1%, 25% unlocked at launch, then quarterly unlocked over 3 months.
• Liquidity Bootstrapping Pool (LBP): Total supply 100 million tokens, accounting for 10%, 100% unlocked at launch.
• Community and Ecosystem: Total supply 150 million tokens, accounting for 15%, 0 unlocked at launch, then quarterly unlocked over 48 months.
• Operational Reserve: Total supply 150 million tokens, accounting for 15%, 0 unlocked at launch, then quarterly unlocked over 48 months.
• Treasury: Total supply 150 million tokens, accounting for 15%, 0 unlocked at launch, then quarterly unlocked over 48 months.
• Team: Total supply 150 million tokens, accounting for 15%, no unlock for the first 24 months, then quarterly unlocked over 48 months.

It is reported that the ISME token is designed to provide multiple access to specific products or services within Root Protocol, with its utility including but not limited to voting/governance, fee payments, staking, and distribution as rewards/bounties. It is noted that whitelisting and KYC are mandatory requirements for joining the community presale.