Iron Fish Launches Main Network With Unique Token Economic Model

04/21/2023 16:06 • Tech Trends • 71 views

According to reports, Web3 privacy layer Iron Fish has announced the official launch of the main network. Iron Fish has previously announced the token economic model, which will release 42 million tokens in the Genesis block on the main network. The total supply of tokens is limited to 256970400. In the initial release of 42 million tokens, test network airdrops accounted for 2.25%; The proportion of future air drops is 2.25%; Pre Seed round investors account for 5.1%; Seed round investors account for 9.9%; A-round investors account for 14.5%; Consultants account for 0.6%; The core team accounts for 37.4%; IF Labs account for 5%; 5% of tokens used for future donations; Iron Fish Foundation accounts for 18%. The tokens allocated to personnel, including investors, consultants, and employees, will be locked for 12 months and then divided into 12 months for release.

Web3 privacy layer Iron Fish officially launches the main network

Iron Fish, a platform that provides privacy to Web3 through its privacy layer, has announced the official launch of its main network. The launch comes after months of testing and development. The platform’s unique token economic model has also been revealed. In this article, we will take a closer look at Iron Fish and its unique model.

What is Iron Fish?

Iron Fish is a decentralized platform that provides privacy to Web3. It is built on top of the Ethereum blockchain and is designed to be scalable, secure, and flexible. The platform aims to provide a truly decentralized system, where users have control over their data and privacy.

Iron Fish’s Token Economic Model

The token economic model of Iron Fish is unique and has been designed to provide value to its users, investors, and stakeholders. Here is a breakdown of the token allocation:
– Genesis block on the main network: 42 million tokens
– Total supply of tokens: 256970400
– Test network airdrops: 2.25%
– Future air drops: 2.25%
– Pre Seed round investors: 5.1%
– Seed round investors: 9.9%
– A-round investors: 14.5%
– Consultants: 0.6%
– Core team: 37.4%
– IF Labs: 5%
– Future donations: 5%
– Iron Fish Foundation: 18%
It is worth noting that the tokens allocated to personnel, including investors, consultants, and employees, will be locked for 12 months and then divided into 12 months for release.

Benefits of Iron Fish

Iron Fish provides various benefits to its users, such as:
– Privacy: Iron Fish provides privacy to Web3, which means users can have control over their data and keep it secure.
– Scalability: Iron Fish has been designed to be scalable, which means it can handle a large number of users without compromising its performance.
– Flexibility: Iron Fish is flexible and can be used with different applications and platforms.

The Future of Iron Fish

The launch of the main network is just the beginning for Iron Fish. The platform has ambitious plans for the future, such as:
– Supporting multiple public chains to provide privacy across different platforms.
– Integrating with different wallets to make it easier for users to access and use Iron Fish.
– Developing more use cases for Iron Fish to provide value to its users and stakeholders.

Conclusion

Iron Fish has officially launched its main network and has revealed its unique token economic model. The platform’s focus on privacy, scalability, and flexibility make it a promising addition to the Web3 ecosystem.

FAQs

1. What is Iron Fish?
Iron Fish is a decentralized platform that provides privacy to Web3.
2. What is Iron Fish’s token economic model?
Iron Fish’s token economic model is unique and has been designed to provide value to its users, investors, and stakeholders.
3. What are the benefits of Iron Fish?
Iron Fish provides privacy, scalability, and flexibility to its users.

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