$IOI Vesting Schedule Changes
Qorpo has decided to adapt to market conditions and add a more flexible vesting schedule for the $IOI token. What does it exactly mean? There are several parties holding the $IOI token and most of them want to continue to hodl!
RESERVE Round consists of 5,000,000 locked $IOI tokens. 1,250,000 tokens should’ve been unlocked and we decided to continue to hold the whole reserve as there is no need to do that now. We firmly believe the $IOI token will prosper in the long term, so the whole reserve supply stays unlocked. Wallet address for proof: https://polygonscan.com/address/0x8323cF4bf8966e618Fe71119aD0c21B8338CF1FC
TEAM Round consists of 7,500,000 $IOI Tokens and 1,500,000 of them should’ve been unlocked and distributed on December 11th, 2021. There’s a much better solution, and that is 500,000 tokens lock for another 12 months and sequential unlocking of rest of tokens within 10 months. This unlocking will start on January 11th and it will last until October 11th (100,000 $IOI monthly). Wallet address for proof: https://polygonscan.com/address/0x32b5Da18aA1B8E5B01Da4f8BF88129536bA90065
SEED investors were supposed to get 500,000 $IOI tokens but they believe in this cryptocurrency and decided to postpone their distribution for another 12 months. That’s another great news for $IOI holders! Wallet address for proof: https://etherscan.io/address/0xBf06F70694566Cb641E83b4324756C77b1ae6244
PRIVATE Round of investors will receive the rest of the $IOI tokens gradually within a 10-month plan. We will use monthly linear vesting as the most convenient strategy in the current market conditions. Wallet address for proof: https://etherscan.io/address/0xF7298C1519bF158B81DAF55af544d44b1594fBd7
GAMING Rewards consisting of 2,000,000 $IOI tokens in total that could get unlocked but the team decided to extend the lock for another 6 months as vesting is not necessary at the moment because of the well-built gaming ecosystem. Wallet address for proof: https://polygonscan.com/address/0x0212A2c35BEd3C5c6057e835076456eCf4c90382
ADVISORS token unlock is also being extended for another 12 months. Most $IOI token advisors believe that the $IOI project will be one of the most exciting Metaverse projects of the year 2022. Wallet address for proof: https://etherscan.io/address/0x4fA2784931d88578f11db50DF1C259472A0a1235
MARKETING partners of Qorpo will receive all the tokens based on the planned vesting as they helped Qorpo products to blow in popularity, so they will be getting $IOI tokens between 11th to 28th, December 2021. Wallet address for proof: https://etherscan.io/address/0x2E0739AA1d1F5499236CeD412AB6c1e707066FD5
Market Making News
Qorpo added additional 500,000 $IOI tokens from a reserve which is going to be used for smart market making by Alameda Research who are partners with well-known exchange FTX. This is going to help and support the long-term development of the token’s liquidity and build stable price growth.