BITENET WHITEPAPER
  • Bitenet: A global blockchain powered loyalty system for restaurant economy
  • Introduction
    • Broken Down Restaurant Economy
    • The Guest Ownership Problem
    • Customer Lifetime Value
  • White Paper Simplified
  • Bitenet Eat to Earn
  • Bitenet Ecosystem Overview
  • Bitenet Multiplier Effect
  • Tokenomics
  • Staking
  • Bitenet NFC
  • Zero-knowledge Proofs
  • On Chain Data as Digital Assets
  • Connecting with Food Banks
  • Universal Basic Income through Bitenet
  • Decentralized Identifiers (DIDs) and Ranking Systems on Bitenet
  • Bitenet Software
    • Customer App
    • Restaurant Portal
  • Bitenet Restaurant
  • Restaurant Customer
  • Promoter System
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Tokenomics

PreviousBitenet Multiplier EffectNextStaking

Last updated 5 months ago

Allocation

% of Total Supply

Amount of tokens

TGE % of allocation

% of supply unlocked at TGE

Cliff (in months)

Daily Vesting (in months)

Total vesting (in months)

Briefing Information

Seed

9.00%

540,000,000

5.0%

0.45%

9

42

51

Private sale to seed investors

Strategic

10.00%

600,000,000

7.0%

0.70%

9

42

51

Private sale to strategic investors and partners

KOLs Round

0.50%

30,000,000

10.0%

0.05%

9

42

51

Allocation to KOLs and Influencers

Public round

0.50%

30,000,000

20.0%

0.10%

9

42

51

Public sale via partnership with launchpads

Initial Dev Team

15.00%

900,000,000

0.0%

0.00%

12

42

54

Compensation to the Bite Network Limited (BNL) and other partners took the initial steps to develop Bitenet

Ecosystem Fund

15.00%

900,000,000

0.0%

0.00%

6

24

30

Ecosystem Fund: Grant, R&D, Partnership, Marketing Network Operations: Marketing, Bounty, Operator

Reserve

5.00%

300,000,000

0.0%

0.00%

12

42

54

Strategic reserve for future needs of BNL

Community 1 (Launch-Y3)

16.00%

960,000,000

0.0%

0.00%

0

36

36

Participation Reward for User (60%) and Restaurant (15%), UBI (10%), Staking Reward (15%)

Community 2 (Y4-Y6)

9.00%

540,000,000

0.0%

0.00%

36

36

72

Participation Reward for User (60%) and Restaurant (15%), UBI (10%), Staking Reward (15%)

Communty 3 (Y7-Y9)

6.00%

360,000,000

0.0%

0.00%

72

36

108

Participation Reward for User (60%) and Restaurant (15%), UBI (10%), Staking Reward (15%)

Community 4 (Y10-Y16)

6.00%

360,000,000

0.0%

0.00%

108

72

180

Participation Reward for User (60%) and Restaurant (15%), UBI (10%), Staking Reward (15%)

Liquidity Allocation 1

4.00%

240,000,000

100.0%

4.00%

0

1

1

Liquidity pool on exchanges and market making

Liquidity Allocation 2

4.00%

240,000,000

0.0%

0.00%

2

6

8

Liquidity pool on exchanges and market making

NET Token Breakdown