Kontos announces token economics: KOS total supply of 1 billion, with over 50% allocated to ecosystem and community

ChainCatcher news, the blockchain infrastructure project Kontos Protocol has announced its token KOS economic model. The total supply of KOS is 1 billion, with the initial token generation event (TGE) releasing 139.4 million tokens, accounting for 13.937%.

The token distribution plan shows that the ecosystem, community, and mining together account for 53.63%, with the investor allocation comprising 10% for the strategic round, 7.75% for the angel round, 5.37% for the seed round, and 2.5% for the A round. Additionally, airdrops and the team each account for 5%, advisors for 3.75%, marketing for 3%, and project development and liquidity reserves each for 2%.

According to RootData, Kontos is a zero-knowledge based Layer2 account protocol. Its architecture allows users to enjoy features such as gasless transactions, asset operations without assets, and no private keys. The developers of Kontos are Zecrey, which has completed a total of $11.5 million in funding, with participation from Shima Capital, Spartan Group, Binance Labs, and others.