Tokenomics
$BET is the ecosystem token of the BetBase platform. All fees generated by the sportsbook and all future products will be used entirely to buyback and burn $BET from the open market.
100.000.000 $BET tokens were minted at genesis and circulating supply at TGE will be 14.000.000 along with secondary market liquidity requirements taken from the ecosystem portion.
Airdrop, team and seed raise (6% at $2.000.000 FDV) allocations will be locked in vesting contracts while the ecosystem portion is held in the team multisig for future incentives programs.
Full token distribution and vesting schedules can be found below:
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