Total Supply and Circulation

Total Supply: 1,000,000,000 $NC tokens

Initial token circulation at listing: 208,000,000 $NC (~20.8% of total supply)

Distribution

  • Future Contributor Incentives — 265,000,000 (26.5%): rewards for network participants, gradually unlocked
  • Airdrop One — 115,000,000 (11.5%): first airdrop for early users
  • Validators — 40,000,000 (4%): node operator rewards
  • Ecosystem & Foundation — 225,000,000 (22.5%): project growth and partnerships
  • Investors & Advisors — 215,000,000 (21.5%): 1–12 month cliff, linear unlock up to 36 months
  • Team — 140,000,000 (14%): 12-month cliff, linear unlock over 24 months

Unlock Schedule

Most tokens allocated to the team and early investors are locked for a long period. The primary source of new tokens entering circulation will be user and validator rewards.

The first year after the token listing plays a key role in establishing a fair market price.

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