New Crypto Project Announces Long-Awaited Airdrop

A new cryptocurrency project is set to launch its native token in the next two weeks, with an initial supply of 10 billion tokens.

Fuel, the project behind the launch, will allocate 20% (2 billion tokens) to the community, unlocking them fully at launch and distributing based on participation in the Fuel Points Program and incentivized testnet.

More than half (51%) of the total supply is dedicated to community incentives, ecosystem growth, and research and development. The community allocation will support campaigns, staking rewards, and other initiatives to strengthen the network, with unused tokens potentially contributing to the sequencing network.

Additionally, 24% will be locked for ecosystem and R&D purposes, gradually released over 24 months to drive technological advancements and Layer-2 incentives. Another 24% will be reserved for contributors, with their tokens released over a period of 24 to 48 months, and staking will not be available during the lockup.

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Tokens purchased between 2020 and 2022 will also unlock linearly over 24 months, with those held by team members and investors following a 24-48 month vesting schedule, excluding them from staking during the lockup period.

Alexander Stefanov