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Iron Fish Launches Web3 Privacy Layer Main Network

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According to reports, Web3 privacy layer Iron Fish has announced the official launch of the main network. Iron Fish has previously announced the token economic model, which will re

Iron Fish Launches Web3 Privacy Layer Main Network

According to reports, Web3 privacy layer Iron Fish has announced the official launch of the main network. Iron Fish has previously announced the token economic model, which will release 42 million tokens in the Genesis block on the main network. The total supply of tokens is limited to 256970400. In the initial release of 42 million tokens, test network airdrops accounted for 2.25%; The proportion of future air drops is 2.25%; Pre Seed round investors account for 5.1%; Seed round investors account for 9.9%; A-round investors account for 14.5%; Consultants account for 0.6%; The core team accounts for 37.4%; IF Labs account for 5%; 5% of tokens used for future donations; Iron Fish Foundation accounts for 18%. The tokens allocated to personnel, including investors, consultants, and employees, will be locked for 12 months and then divided into 12 months for release.

Web3 privacy layer Iron Fish officially launches the main network

The highly anticipated main network for Iron Fish’s Web3 privacy layer has finally been launched, much to the excitement of cryptocurrency enthusiasts worldwide. In a recent announcement, Iron Fish revealed details about their token economic model, as well as the distribution of their 42 million tokens in the Genesis block.

Outline:

1. Introduction
2. Iron Fish’s Token Economic Model
3. Distribution of Tokens in the Genesis Block
4. Distribution Breakdown
5. Token Allocation to Personnel
6. Benefits of Iron Fish for Users
7. Conclusion
8. FAQs

Iron Fish’s Token Economic Model

Iron Fish’s unique token economic model is based on a fixed supply of 256,970,400 tokens. The company has announced that they will release 42 million tokens in the Genesis block on the main network, with a limited supply of tokens available for users.
The model is designed to ensure that token holders are motivated to hold onto their tokens and not sell them on the market. Through this model, Iron Fish hopes to create a stable and secure currency for Web3 users.

Distribution of Tokens in the Genesis Block

In the initial release of 42 million tokens, Iron Fish has set aside a certain percentage for various purposes. Test network airdrops accounted for 2.25%, with the proportion for future airdrops also set at 2.25%. Pre Seed round investors account for 5.1%, while Seed round investors account for 9.9%. A-round investors account for 14.5%, and consultants account for 0.6%. The core team accounts for 37.4%, and IF Labs accounts for 5%. In addition, 5% of the tokens will be used for future donations, and the Iron Fish Foundation will account for 18%.

Distribution Breakdown

The distribution breakdown is designed to ensure that the Iron Fish team is adequately compensated for their efforts while also ensuring that token holders have a fair chance to acquire tokens. By allocating a certain percentage of tokens to different groups, Iron Fish hopes to incentivize users to become part of the ecosystem.

Token Allocation to Personnel

The tokens allocated to personnel, including investors, consultants, and employees, will be locked for 12 months and then divided into 12 months for release. This is to ensure that the Iron Fish team is incentivized to stay with the company for the long term.

Benefits of Iron Fish for Users

Iron Fish’s Web3 privacy layer is designed to offer users a more secure and private environment for transactions. By combining the security of a blockchain platform with the privacy of a VPN, Iron Fish is offering a unique solution to the inherent security issues of traditional Web3 platforms.
Users can rest assured that their transactions are secure and private, with no third-party tracking or surveillance. This means that users can transact with confidence, knowing that their personal information is safe and secure.

Conclusion

In conclusion, the launch of Iron Fish’s Web3 privacy layer main network is a significant milestone for the cryptocurrency industry. With a unique token economic model and a focus on user privacy and security, Iron Fish is poised to become a major player in the Web3 market. As the ecosystem continues to evolve, it will be exciting to see how Iron Fish adapts and grows to meet the needs of users.

FAQs

Q. What is Iron Fish’s Web3 privacy layer?
A. Iron Fish’s Web3 privacy layer is a blockchain platform that uses a VPN to offer users a more secure and private environment for transactions.
Q. What is the total supply of Iron Fish tokens?
A. The total supply of Iron Fish tokens is 256,970,400.
Q. How are tokens allocated to personnel?
A. Tokens allocated to personnel, including investors, consultants, and employees, will be locked for 12 months and divided into 12 months for release.

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