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Our Tokenomics are changing

Updated: Feb 18



We're about a month into our journey with Esca Crypto and a lot has happened to lead us to this decision.

You may already know by now that the $ESCA token will act as a reward system as well as a utility on our platform escamenu.com. For foodies, $ESCA is a unique, risk free way, to start investing via cryptocurrencies, while helping food businesses generate more capital for their business without having to increase food production.


In order to ensure the longevity and future value of the token we have made some changes to the vesting periods of presale token holders as well as added two new presale token allocations. This was done to cater to certain private groups who have expressed interest in the project.


Our max supply stays the same at 10 Million with the remaining changes highlighted in the below table. For clarity, we have written the meanings to some of the wording below


Cliff = period where in which the tokens can not be sold Vesting = period of time tokens will be held before full release to token holders

Allocation Type

Number of Tokens

Percentage of total supply

​Token Price

Cliff (Months)

Vesting Period (Months)

Monthly Unlock Rate Percentage

Presale 1

750000

7.5%

$0.30

2

8

12.5%

Presale 2

750000

7.5%

$0.40

1

9

11.1%

Private Sale

1500000

15%

$0.60

0

10

10%

Public Sale

1000000

10%

$1

0

0

N/A

Team

1000000

10%

-

3

24

4.17%

Advisors

250000

2.5%

-

3

2.5

0.5%

Community & Marketing

750000

7.5%

-

0

0

N/A

Application

3000000

30%

-

0

0

N/A

Staking

1000000

10%

-

1

0

N/A

In addition to our changing tokenomics we've made some minor modifications to our road map as well. Our presale and token launch were meant to happen this month (February) but due to some internal discussions we have decided to move them to March. An official announcement on token launch and presale dates will be made in the coming weeks.





All changes will be reflected on our website soon after the release of this blog post. Our hope is that these changes will reflect a more equitable ecosystem for Esca, our community, and all $ESCA token holders.


Next up, presale!

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