Post
Topic
Board Announcements (Altcoins)
Re: [ANN][ICO] 🏈 MyDFS 🏀 - Blockchain-powered daily fantasy sports
by
Mulas
on 21/03/2018, 13:34:03 UTC
What about the lockup and vesting periods?
The lockup period ensures that tokenholders don’t sell until 14 days after the last round of token sales is complete. After that, the tokens will be listed on a number of well-known, trustworthy exchanges. Vesting applies to team tokens, ensuring that the team’s and advisors’ priorities properly align with the community’s. The team will successfully deliver the project as it’s stated in the project roadmap. Therefore, Advisor Tokens vest at 100% for 14 days after the close of the ICO sale. Founder and Core Team Tokens vest for one year from the date they are allocated. They are also unlocked by 1/12 each month.
Thank u for prompt reply  Wink