Crimson Network Liquidity Launch

Token launch on BSC; the team plans to provide several dApps in their suite of products including a bridge, wallet and staking.

DETAILS

• Launch details
  • Token will launch on Panckeswap
  • Token pair: CRIMSON/WBNB
  • Presale rate: 1 BNB = 1,300,635 CRIMSON
    • Presale was held on Pinksale and lasted for 2 days (soft cap: 50 BNB)
    • 192 BNB was raised from presale
  • Initial marketcap will be determined at the end of the presale
  • 60% of the presale funds will be added to liquidity
    • ❌ No information on how the remaining presale funds are allocated
  • No vesting – 100% of presale tokens unlocked at launch
• Tokenomics
  • CRIMSON is the native token
  • Total supply: 1,000,000,000 CRIMSON
    • 25% – Presale
    • 24.8% – Utility (25% unlocks on 2023/03/24, then 25% every 15 days – lock info)
    • 20% – Staking reward (25% unlocks on 2023/03/24, then 25% every 15 days – lock info)
    • 14.7% – Liquidity (100% unlocks on 2024/02/23 – lock info) 
    • 10% – CEX listing (100% unlocks on 2023/03/24 – lock info)
    • 5% – Team (20% unlocks on 2023/08/24, then 20% every 10 days – lock info)
    • 0.5% – Unlocked
• No tax
• Staking dApp is live on the homepage although CRIMSON staking has not yet commenced