Token Unlock Schedule

Unlock Schedule Overview

The unlock schedule for the ICN Tokens (ICNT) ensures a controlled and gradual release of tokens, designed to incentivise long-term commitment and prevent market instability. Below is a breakdown of the vesting schedules for each category of token holders, along with accompanying explanations.

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Figure 1: Vesting schedule for ICN tokens, showing token unlock rates over time.

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Summary Table: Unlock Schedule

Category	Initial Allocation	Unlock Period	Notes
Team	22.1% (154.7M ICNT)	12–36 months	Gradual release over 4 years to ensure long-term commitment.
Investors	21.5% (150.5M ICNT)	12–36 months	Prevents large-scale liquidation and ensures long-term project success.
Development Company	5.4% (37.8M ICNT)	0–24 months	50% unlocked post-TGE, remainder over 24 months.
EcoDev Fund	10% (70M ICNT)	0–24 months	Supports long-term ecosystem development.
Partner Fund	11% (77M ICNT)	0–36 months	Strategic partners and early contributors to support long-term engagement.
Node Sale	20% (140M ICNT)	0–48 months	Unlocks over 48 months;
Rewards Reserve	10% (70M ICNT)

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1. Team

• Allocation: 22.1% (154.7M ICNT)

• Unlock Period: 12 to 36 months

• Details: Locked for 12 months, then gradually released to ensure long-term commitment.

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2. Investors

• Allocation: 21.5% (150.5M ICNT)

• Unlock Period: 12 to 36 months

• Details: Locked for 12 months, then released linearly to prevent large-scale sell-offs.

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3. Development Company

• Allocation: 5.4% (37.8M ICNT)

• Unlock Period: 0 to 24 months

• Details: 50% unlocked post-TGE, with the remainder gradually released over 24 months.

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4. Ecosystem Development Fund (EcoDev Fund)

• Allocation: 10% (70M ICNT)

• Unlock Period: 0 to 24 months

• Details: Focused on ecosystem growth, with 50% unlocked immediately and the rest over 24 months.

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5. Partner Fund

• Allocation: 11% (77M ICNT)

• Unlock Period: 0 to 36 months

• Details: Designed to incentivise partners and early contributors, with 50% unlocked immediately and the rest linearly over a 3-year period.

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6. Node Sale

• Allocation: 20% (140M ICNT) at launch + a pro-rated share of future minting during the first 48 months, starting at 20% in month 0 and decreasing as tokens are vested.

• Unlock Period: 0 to 48 months. The token unlock follows a degressive model as outlined below:

  Month	% Token per Month
  1	18.40%
  2	3.40%
  3	3.40%
  4	3.19%
  5	3.19%
  6	3.19%
  7	2.98%
  8	2.98%
  9	2.98%
  10	2.76%
  11	2.76%
  12	2.76%
  13	2.55%
  14	2.55%
  15	2.55%
  16	2.34%
  17	2.34%
  18	2.34%
  19	2.13%
  20	2.13%
  21	2.13%
  22	1.91%
  23	1.91%
  24	1.91%
  25	1.70%
  26	1.49%
  27	1.49%
  28	1.49%
  29	1.28%
  30	1.28%
  31	1.28%
  32	1.06%
  33	1.06%
  34	1.06%
  35	0.85%
  36	0.85%
  37	0.64%
  38	0.64%
  39	0.64%
  40	0.64%
  41	0.64%
  42	0.64%
  43	0.43%
  44	0.43%
  45	0.43%
  46	0.43%
  47	0.43%
  48	0.43%

• Details: Tokens are gradually unlocked over the first 48 months, following the degressive schedule mentioned above. The node sale allocation includes a pro-rated share of newly minted tokens during this period, starting at 20% and reducing proportionally with the vesting schedule. This additional minting ensures node value is maintained throughout their lifecycle, preventing deflation. Minting occurs only as necessary, depending on network needs.

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7. Rewards Reserve

• Allocation: 10% (70M ICNT) at launch