The SKP token has a total supply of 10 million. This is allocated as follows:

Community Mining & Rewards Pool - 40%
Tokens distributed to users for gameplay, contests, content creation, and other contributions that grow the ecosystem. This incentivizes an engaged community.

Founding Team - 10% Vested allocation to the developers, designers, and operations crew who built Skate Posse as compensation for their efforts and continued improvements.

Marketing/Partnerships - 15%
Budget for sponsoring events, collaborations with brands/influencers, advertising, and other promotional activities to increase awareness.

Liquidity Provision - 10% Tokens provided to liquidity pools on DEXs like QuickSwap to facilitate easy buying and selling by ensuring ample trading volume.

Advisors - 5% Compensates subject area experts who lend guidance and connections to support the governance process.

Playtesters & Bug Bounties - 5%
Incentivizes rigorous testing and feedback during development phases to maximize gameplay quality.

Treasury DAO - 15%
Community-directed budget for initiatives like grants, integrations, and partnerships that enrich the Skate Posse ecosystem.

Unlock schedule and timing

Founding Team - 10% Vested allocation started 12/18/2023

• 6 month cliff

• 2 year total vesting term

• 50% unlocked per year after cliff

• 1 million SKP allocated

With a 6 month cliff, no tokens will be accessible for the first 6 months.

After that: Months 7-12: 50% of tokens unlocked (500,000 SKP)

Months 13-24: Remaining 50% of tokens unlocked (final 500,000 SKP)

Contract address for the vested tokens here