Introducing official KWT Tokenomics KWT, or Kawaii Token, is | Kawaii Islands Announcement

Introducing official KWT Tokenomics

KWT, or Kawaii Token, is the foundational token of Kawaii Islands, an anime metaverse that utilizes blockchain technology for realizing "Play, Connect, Create and Earn" vision. Kawaii token will play three main roles within the ecosystem of Kawaii Islands: utility, governance, and farming.

Supply
- The total supply of KWT is: 1,000,000,000
- Initial Circulating supply at TGE is: 26,666,667 (2.67%)
- Listing price is: $0.03
- Initial Market Cap is: $800,000
- Fully Diluted Market Cap is: $30,000,000

Allocation
The allocation of Kawaii token for different sections is as following:
- Ecosystem: 16.0%
- Marketing & Listing: 14.0%
- Play-to-earn: 22.0%
- Staking (farming) rewards: 20.0%
- Private sale: 10.0%
- Advisor: 6.0%
- Team: 12.0%

Kawaii Token release Schedule and Vesting Time
At TGE, 2.67% of total Kawaii Token will be released from Private sale and Marketing and Listing allocations. This includes a release of tokens from IDO allocation, which will be announced in detail soon.

Private sale allocation is released 5% at TGE, and vested in 1 year (linearly releasing block by block). Team and advisor allocations are locked for 6 months, and are vested for 60 months.

Other allocations are all gradually released, and vested for 60 months.

For detailed information, read the full article https://blog.kawaii.global/kawaii-token-kwt-tokenomics-649108b6338d