Introducing the CTND Token

Please notice all details below are preliminary and subject to change based on the discretion of the citizend founding partners and core team.

The CTND token is built to maximize utility for the citizend community and align incentives across all stakeholders that support citizend. As a utility token, it may be used for various purposes in the citizend ecosystem. The CTND token will have three simple use cases:

1. Getting access to guaranteed allocations for all winning projects in the projects' Stakers’ Half via staking CTND tokens in the platform

2. Taking part in the platform future governance and progressive decentralization efforts

3. Providing liquidity to projects launching tokens in citizend

Token allocation:

• Total token supply (fixed): 100,000,000 CTND

• Network: Ethereum (ERC-20)

• Target Launch Date (TGE): 2024

Breakdown by stakeholder group:

• Ecosystem development - 30,000,000 CTND (30% of total supply | 72 months vesting): reserved for post-launch rewards and to activate the platform's economy. Will be progressively decentralized and managed by the citizend DAO.

• CTND Community and Public sales- 20,000,000 CTND (20% of total supply | 20% unlocked on TGE, rest 6 months vesting): will be distributed to Community and Public sale contributors.

• Airdrop & Rewards - 5,000,000 CTND (5% of total supply | 20% unlocked on TGE, rest 6 months vesting): used for individuals that provide support and back the project prior to network launch.

• Platform reserve - 20,000,000 CTND (20% of total supply | 20% unlocked on TGE, rest 72 months vesting): the reserve is the main treasury of citizend to carry on and fund operations once the platform is live.

• Private sales & advisors - 7,500,000 CTND (7.5% of total supply | Seed round: 3 months lock-up + 36 months vesting): allocated to early private investors in the project, advisors and KOLs.

• Team & Building partners - 17,500,000 CTND (17.5% of total supply | Team: 6 months lock-up, 36 months vesting; Building partners: 6 months lock up, 48 months vesting): allocated to the early project team contributors and the initial building partners: Outlier ventures, Fractal ID and Subvisual.