Subsocial
Subsocial is an open platform for creating decentralized social networks and marketplaces.
All edits by Kristian Konstantinov
January 31, 2022
-Allow collator staking.
-Change space handles to universally unique usernames.
-Distribution of the first social token.
-Integrate kUSD from Karura.
-Organize the first hackathon for social dapps.
2022
-Allow collator staking.
-Change space handles to universally unique usernames.
-Distribution of the first social token.
-Integrate kUSD from Karura.
-Organize the first hackathon for social dapps.
January 31, 2022
-Allow collator staking.
-Change space handles to universally unique usernames.
-Distribution of the first social token.
-Integrate kUSD from Karura.
-Organize the first hackathon for social dapps.
2022
-Launch the Subsocial parachain on Kusama.
-Enable web app functionality in Math Wallet and Nova Wallet.
-Distribute SUB tokens.
-Develop parachain-to-solochain bridge.
-Lock SUB to get free transactions.
-Implement tipping.
Token Distribution:
Total supply is 100 million SUB
- Private Sales | 15,000,000 | 15% | 20% initial unlock, 80% vesting over 2 years.
- Advisors & Team | 25,000,000 | 25% | 1.2% initial unlock, 98.8% vesting over 2 years.
- Initial Crowdloan | 16,500,000 | 16.5% | For Subsocial’s initial crowdloan. Any unused tokens will be sent to the treasury. Crowdloan rewards will have a 20% initial unlock, with 80% vesting over the 48 week period of the parachain slot lease.
- Treasury | 31,000,000 | 31% | Used for grants, hackathons, and future crowdloans.
- Subsocial Foundation | 10,000,000 | 10% | These funds will be used to facilitate marketing efforts. 2% initial unlock, 98% vesting over 2 years.
- Airdrops & Claims | 2,500,000 | 2.5% | Airdrops and token claims to further distribute SUB tokens among the community. 4% initial unlock (10% of The Dotsama Token Claim), 2 year vesting period (the remaining 900,000 SUB from The Dotsama Token Claim will vest sooner).
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