NFTLootBox (LOOT) Token Distribution Disclosure

Everything you need to know about our past distribution of $LOOT!

Key Details:

Public pre-sale raised 158 Ethereum for 42.5% (17000) of the total supply (40000) of LOOT.
Presales ran from November 8th, 2020 — December 11th, 2020 on Bounce.Finance and through direct sales.
LOOT was listed after presales ended on Uniswap.org on December 11th, 2020.
10000 team and unsold tokens were locked for a year via smart contract through Lock.Finance on December 11th, 2020.
5000 LOOT and 80 ETH of initial liquidity were locked for a year via Unicrypt on December 11th, 2020.

Hi all! We are disclosing the initial distribution details of the $LOOT token.

$LOOT Initial Allocation

Public Presale (42.5%)

Less than half of all LOOT (17000) was distributed through a presale to members of the public. The presale was promoted across two rounds for over a month across Telegram, Reddit, Twitter, and YouTube.

Team and Unsold Tokens (25%)

About 25% of LOOT was sent to a 1-year Timelock Contract setup by Lock.Finance. It will be used for onboarding future members of our team and to support the NFTLootBox organization for years to come.

Initial Locked Liquidity (12.5%)

After presale distribution, 12.5% of the total supply (5000 LOOT) and 80 Ethereum was added to Uniswap and swiftly locked for a year on Unicrypt.

Marketing and Development (20%)

20% of LOOT (8000) was allocated to a single wallet held by the NFTLootBox team for marketing, development, compensating artists, exchange listings, and to continue to support the NFTLootBox operations.