Explore the tokenomics of Quiztok(QTCON)and review the project details below.

What is the allocation for Quiztok(QTCON)?

60 billion QTCON will be issued in total.
QTCON - Centralized Issuance System.
For the Quiz Mining Reward, we deposit a certain number of rewards on Reward Pool.
The scale of the token sale is 10% of the total issuance, 6 billion coins. They will be sold on private sale.
Internal Team(7%): Payments to early founding investors in the platform ecosystem
Reward Pool(50%): Payments as rewards for participation in the platform's ecosystem and activities to maintain the ecosystem
Reserved(15%): Reserves are used to pay for development, operations, marketing, and other expenses of the platform ecosystem.
Community(15%): For promoting, partnering, donating, and securing social welfare dollars to expand the ecosystem
Private Sale(10%): Used as an initial cost to develop and operate the platform ecosystem
Advisor & Contributor(3%): Paying advisors and platform ecosystem contributors

What is the supply schedule for Quiztok(QTCON)?

QTCON will be distributed on a circulation market to stabilize the market price of QTCON after which issued a token and Mar. 2018 private sales and then, from Apr. 2018 on an average 24~39 months lockup period.

TGE : Token Generator Event

1️⃣ Reward Pool : Unlock

* Since the APP service launching on Aug. 2020, it will be distributed according to increase QUIZTOK users and community as reward.

2️⃣ Sale : Lockup period - 16months from TGE

* It will be distributed as planned quantity every month from July 2020.

3️⃣ Advisor & Contributor : Lockup period - 28months from TGE

* It will be distributed as planned quantity every month from July 2021.

4️⃣ Community : Lockup period - 20months from TGE

* It will be distributed as planned quantity every month from November 2020.

* The amount of distribution can decrease or increase depending on the speed of QUIZTOK business expansion.

5️⃣ Reserved : Lockup period - 15months from TGE
* It will be distributed as planned quantity every month from June 2020.

* In case of need the funds in order to expand business of QUIZTOK, it can distribute the number of QTCON that correspond with necessary funds.

6️⃣ Internal Team: Lockup period - 28months from TGE

* It will be distributed as planned quantity every month from July 2021.