The locking periods will begin to count after the listing of the token, once the public sale is finished.
The tokens will be assigned in the user accounts after the purchase and once the locking periods are over they can be traded or used.
iCommunity Labs reserves the right to modify these times for very justified reasons that may favor buyers and that would be communicated in advance.
The locking periods (time during which they cannot be sold) and vesting (time elapsed from their issuance to having the tokens in the wallet) for the different types of tokens will be the following:
Locking period: 5 months after the end of the public sale (and listing on exchange).
Locking period: 2-3 months after the end of the public sale (and listing on exchange). IMPORTANT: These times may change, depending on the negotiations with the exchanges where the IEO is intended to be launched.
- Team, Foundation, and early backers
Locking period: 12 months.
Vesting period: 36 months after the end of the locking period.
Locking period: 5 months. Marketing campaigns, airdrop / bounty and referrals, financed with tokens, will be credited through collaboration contracts and in the user accounts (in the case of airdrops and affiliates). These tokens will be released according to their lock up conditions and they will have the same conditions as the tokens of pre-sale.
- Advisors, collaborators, foundation and early backers:
Locking period: 5 months, with the same conditions as the tokens of pre-sale.