Premium Block Token Allocation
The Premium Block team always focuses on a long-term sustainable platform. The key to success is engaging returning users in the platform and good customer support. A project with good tokenomics will always sustain long-term rather than a project that only focuses on short-term price movement.
The initial circulating supply is 25,550,000 PRB tokens. The team will have their tokens locked and will have a vesting period of 12 months starting the day after DEX listing. Premium Block believes having huge reserves in PRB tokens will lead to fear of token dumped in the market and cannot sustain in the long term. Premium Block plans to buy back PRB tokens with the profits generated through the platform fees and commissions instead of selling the tokens. This ensures the ecosystem is sustainable forever and the price will appreciate in the long run.
Token Distribution
IDO sale: 16,000,000 PRB tokens
DEX liquidity: 5,000,000 PRB tokens
Reserve: 4,000,000 PRB tokens
Rewards: 27,000,000 PRB tokens
Marketing: 5,500,000 PRB tokens
Team: 2,500,000 PRB tokens
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