Token Distribution Breakdown

The MINGO token has a total fixed supply of 3.65 billion tokens. This supply is allocated across different segments to support the diverse needs of the ecosystem, ensuring both initial and long-term support for development, operations, and community engagement. Here’s a breakdown of the token distribution:

Private Sale (11% - 401.5 million MINGO Tokens): Allocated to early investors, these tokens provided the initial capital necessary for the development and operational setup of the MINGO project. These tokens are already in circulation, offering early backers immediate participation in the ecosystem.

Initial Coin Offering (ICO) (13% - 474.5million MINGO Tokens): Aimed at widening the token holder base, these tokens were offered to the public to enhance liquidity and foster broader community involvement. Originally issued as ERC-20 tokens in 2017, a bridge to transition these to the Hedera Hashgraph platform is scheduled for phased distribution between Q3 2024 and Q4 2026.

Founders, Core Team and Team (22% - 803million MINGO Tokens)

Founders: These tokens are allocated to the founding team in recognition of their vision and early contributions, already in circulation to incentivize ongoing support and development.

Core Team : Reserved for key team members, this allocation began in 2021 and is set to be completed by the end of 2025, supporting the core team’s continued contribution to the project’s growth.

Team: Set aside for current and future team members, less than 1% of these tokens have been distributed so far. The allocation for team members is unlocked in stages over a six-year period, aligning long-term incentives.

Contingency (1% - 36.5 million MINGO Tokens): Reserved for unforeseen needs, ensuring flexibility and readiness to address future challenges or opportunities.

Charity(1% - 36.5 million MINGO Tokens): Reserved to support charities distributed over 4 years.

Ecosystem Development Fund (22% - 803 million MINGO Tokens): This substantial fund is dedicated to future developments and expansions of the MINGO platform. Tokens from this fund are unlocked every six months from 2024 to 2029, providing sustained support for innovation and growth.

Advisors (1% - 36.5 million MINGO Tokens): Allocated to advisors who offer strategic guidance and expert insights. To date, only half of these tokens have been allocated and are typically vested over a period to ensure advisors' contributions are aligned with MINGO’s long-term success.

Marketing & Community Rewards (25% - 912.5 million MINGO Tokens): A significant portion earmarked for marketing and community engagement activities. This allocation highlights the commitment of MINGO Technologies to grow its user base and maintain a vibrant, active community.

Exchange Liquidity (5% - 182.5 million MINGO Tokens): Allocated to ensure sufficient liquidity on exchanges, facilitating smooth trading and access for all users wishing to buy and sell MINGO tokens.