Greenheart CBD Documentation
  • Introduction
    • FAQ
    • Team
    • Roadmap
    • 2022 Events
  • Guides
    • How do I create a wallet?
    • How do I add the Greenheart CBD token to my wallet?
    • How do I buy BNB?
    • How do I buy the Greenheart CBD Token on Pancake Swap?
  • White Paper
    • Abstract
    • Mission
    • CBD Farmer - Staking Pool Model
    • Artificial Intelligence Drones
    • Big Data
    • Financial
    • Staking
    • dApp Functionality
    • Project Governance, Advantages, and Development Process
    • Greenheart CBD
    • Token Economics
    • Partnerships
    • Disclaimer
  • References
    • Links
    • Glossary
    • Shipping Policy
  • Community
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  1. White Paper

Token Economics

PreviousGreenheart CBDNextPartnerships

Last updated 3 years ago

The company has minted 150,000,000 Greenheart CBD Token tokens.

  • 1 CBD Token = 10 US cents ($0.10). The initial token is a BEP20 token. Bridges to other protocols may be added at a later date.

  • The CBD TOKEN project provided token holders with a Staking option (approx. 5-50% APY). The token issuer is a company based in the British Virgin Islands (BVI). It is a majority owned subsidiary of Greenheart CBD, the Irish parent company.

  • The project sold 35% of CBD Token tokens in the private and public sale.

Full break down of the token allocation is below: -

The tokens were vested for investors on the following schedule:

  • Private Sale: Tokens vested 25% monthly over a 4-month period.

  • Public Sale: Tokens vested 12.5% weekly over an 8-week period.

  • Tokens allocated to advisors, team members and ecosystem partners were vested over a 12-to 24-month period.

The use of funds raised for the project is as follows: -

Figure 5. Greenheart CBD Token Token Allocation
Figure 6. Greenheart CBD Token Use of Funds