NEOPIN

Hello, this is Team NEOPIN. We are announcing the NEOPIN token distribution plan for 2024.1. Distribution PeriodQ1 2024 (2024-01-01) ~ Q4 2024 (2024-12-31)2. Total distribution volume during the period97,474,366 (115% compared to distribution volume at Q4 2023)3. DistributionTotal Supply : 1,000,000,000Current Circulating (As of Q4 2023) : 84,672,890Total distribution volume (after 2024 token distribution) : 182,147,256* Information on the difference between the current supply in circulation as reported by Coinmarketcap and the supply in circulation as reported in official statements. 1) For locked volumes of tokens that were released in 2023 but have not been received or transferred, they are not included in the current circulating supply reported on Coinmarketcap because they have not moved from the locked contract. 2) Coinmarketcap calculates the circulating supply based on the current remaining supply in the provided locked contract addresses, so any unlocked supply that has not been received is not included in the circulating supply calculation. 3) The official statement counts any unlocked supply as available for circulation, and thus it is included in the reported circulating supply.4. Purpose of Token Release Ecosystem - tokens allocated to activate the NEOPIN ecosystem Marketing - allocated as rewards for platform participation and events Partner - allocated for forming partnerships Investor - allocated to investors Operation - allocated for initial distribution within the NEOPIN service and advisors Reserve - allocated as a reserve for unexpected circumstances<h2 id="header-0">[Q1 2024 : 2024-01-01~2024-03-31]</h2>Ecosystem : 5,097,706Marketing : 0Partner : 497,792Investor : 0Operation : 25,125,000Reserve : 0Tokens planned to be distributed in Q1 2024: 30,720,497Total accumulated distribution volume as of Q1 2024: 115,393,387Total foundation balance: 884,606,613<h2 id="header-1">[Q2 2024 : 2024-04-01~2024-06-30]</h2>Ecosystem : 4,129,650Marketing : 2,000,000Partner : 497,792Investor : 0Operation : 5,010,000Reserve : 0Tokens planned to be distributed in Q2 2023: 11,637,441Total accumulated distribution volume as of Q2 2023: 127,030,828Total foundation balance: 872,969,172<h2 id="header-2">[Q3 2024 : 2024-07-01~2024-09-30]</h2>Ecosystem : 4,561,439Marketing : 0Partner : 331,861Investor : 0Neopin Operation : 1,000,000Reserve : 0Tokens planned to be distributed in Q3 2023: 5,893,300Total accumulated distribution volume as of Q3 2023: 132,924,128Total foundation balance: 867,075,872<h2 id="header-3">[Q4 2024 : 2024-10-01~2024-12-31]</h2>Ecosystem : 4,804,128Marketing : 3,000,000Partner : 0Investor : 0Operation : 31,419,000Reserve : 10,000,000Tokens planned to be distributed in Q4 2024: 49,223,128Total accumulated distribution volume as of Q4 2024: 182,147,256Total foundation balance: 817,852,744As of Q4 2023, NEOPIN holds a total of 915,327,110 tokens. And from the first quarter of 2024 to the fourth quarter of 2024, a total of 97,474,366 NPT is planned to be circulated.In Q1 2024 NEOPIN is scaling its protocol for mass adoption by adding support for major crypto assets on NEOPIN Bridge, launching the first DEX for Project Dragon built by Klaytn and Finschia, launching its first RWA (Real-World Asset) based Earn product, new membership program, derivatives, providing nFNSA/KLAY yield farming pool, adding new PoS staking and initiating the first AutoRM to reduce its circulating supply to become a deflationary asset.In Q2, NEOPIN plans to launch staking product and governance voting protocol for Project Dragon mainnet, official token migration, new blockchain network support, new yield farming products, RWA based earn products, derivatives and continue to initiate its quarterly AutoRM.In Q3, NEOPIN plans to strengthen its multi-chain scalability by integrating DEX aggregator, adding more PoS staking products, earn products by leveraging RWAs and derivatives, and initiate its 3rd AutoRM.In Q4, NEOPIN plans to become the largest DeFi protocol in the APAC market by leveraging its expanded Layer 1 and Layer 2 support, providing user-friendly decentralized financial platform under regulatory environment, adding new PoS staking products, expanding RWA-based Earn product portfolio and derivatives, further initiating AutoRM to enhance the protocol&#39;s sustainability and security.As for the reserve, it will be used specifically for the expansion of the NEOPIN protocol. If there is a need to use the reserve amount, we will share the plan through prior notice. And if the protocol expansion plan is delayed until 2024 due to market conditions, the reserve will not be used.Thank you for your support.Team NEOPIN

NEOPIN token (NPT) distribution plan for 2024

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