🌟Initial Allocation of Torq Coins

The initial allocation of Torq coins has been carefully orchestrated to establish a dulcet equilibrium among key stakeholders, including the core team, active community participants, and upcoming development initiatives.

Community Mining Allocation (37%):

The biggest division is set aside for individuals actively engaged in mining during Phase 1. This allocation recognizes and appreciates their trust, support, and contributions to the foundational growth of the network.

Team Allocation (19%):

This portion serves as a testament to the team's relentless efforts, innovation, and dedication to Torq. It serves as an incentive and reward for their unwavering commitment to the project's vision and its ongoing evolution.

Reserve Funds (12%):

The Treasury Pool serves a strategic purpose in facilitating liquidity, forging exchange partnerships, initiating campaigns, and covering market maker fees. This pool significantly bolsters our capacity to implement well-planned strategic initiatives, thereby fortifying Torq's standing within the market.

Staking Rewards (17%):

Staking systems help to secure networks, promote decentralization, encourage governance participation, increase liquidity, foster user loyalty, provide economic incentives, and potentially appreciate token value. Hence, Torq Network provides rewards to its valuable stakeholders, which include both our dapp stakers and our mining app stakers.

Innovation and Growth Pool (15%):

This fund is committed to nurturing creativity, fostering collaborations with external organizations, procuring third-party services for development and marketing, introducing new projects to the Torq ecosystem, and partnering with external providers to extend our influence and capabilities. Its goal is to fuel ongoing progress and innovation within the Torq network.