# 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](https://docs.citizend.xyz/citizend/how-citizend-works/discovery-batches-and-securing-a-contribution-slot/bicameral-contribution-system) via staking CTND tokens in the platform
2. Taking part in the platform future governance and progressive decentralization efforts
3. [Providing liquidity](https://docs.citizend.xyz/citizend/how-citizend-works/liquidity) to projects launching tokens in citizend

**Token allocation:**

<figure><img src="https://420621218-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FtxjkyhfQuOMVFy4HSbaM%2Fuploads%2F0eValkhBVAlXaEJWZFVC%2Fcitizend_Community_Sale_Pie_Chart_V2.jpg?alt=media&#x26;token=60aa15b5-49d7-43c6-85e4-7f3397d99e55" alt=""><figcaption></figcaption></figure>

* 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.