Token Economics

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: -

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