Vesting arrangements
Information about INFO vesting
What is vesting?
Token vesting is the process by which an employee, investor, or co-founder is rewarded with tokens but receives the full rights to them over a set period of time or, in some cases, after a specific milestone is hit.
In the Info token's case, there will be a vesting arrangement for the Development team.
The development team will receive 120,000 INFO.
The tokens will be time locked in a smart contract and released at a rate of 10,000 per month meaning that the developers will receive their full share of tokens after 1 year.
This is made to ensure that no one party can dump INFO and cause it's price to go down.
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