Supply & Distribution

Token Supply

Parabox has a total token supply of 10B PBX and the distribution is as follows:

• Total Supply: 100M

• Buy/Sell Tax: 0/0

• Max Wallet: 2%

Despite a relatively straight forward distribution, the rationale effectively weighed a number of considerations:

• The larger ecosystem is designed to reward and stimulate users. Given more exotic assets have less defined marketplaces, encouraging trading by way of community support is essential.

• A sizable sale allows the Parabox team to strategically distribute the token to value add investors as well as the public. The team believes this will ultimately facilitate platform usage.

• The remaining is relatively traditional but the team is anticipating platform needs. For example, additional liquidity may be required when going cross chain, while worthy partners, content creators and centralized exchange partners can add considerable value.

Vesting

The rate at which tokens are released can impact the market. This is a given. The distribution of PBX has been considered their roadmap to best align distributions with milestones that can create functional demand for PBX.

Foundation: 6 month cliff, then 10% released monthly for 10 months

Ecosystem: 1 week cliff, then 16.67% released monthly for 6 months

Strategic/Advisory: 6 month cliff, then 10% released monthly for 10 months

Liquidity: 100% locked for 12 months

Seed: 7.5% upon TGE, weekly release 1 month after for 7 months

Private:10% upon TGE, weekly release 1 month after TGE for 7 months

Public: 50% released initially, then 50% released 1 month after TGE

In order to create a fairer marketplace, the largest distribution of circulating tokens will come from the public round, with 250M being put “in the wild,” following the IDO.