Initial token distribution via fair launch (IDO).

Up to 1M WACEO tokens will be offered in the IDO via a fair launch platform. There would be no minimum to participate but there is a maximum limit per participant. In the IDO, WACEO tokens could be obtained with the chain-native tokens (ie. if the IDO is held on Avalanche, the token would be AVAX; Solana - SOL, etc).

The IDO supply would be limited to 1 M WACEO tokens. All the unsold tokens would be burned.

After the IDO was concluded, the following will happen:

  • Tokens obtained would be allocated to the Treasury Reserves

  • 1M* WACEO tokens would be distributed to the IDO participants

  • Additional 1M WACEO tokens would be minted for the Funds Treasury

*any unsold tokens would be burnt

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