Trust Wallet Token (TWT) Tokenomics
Learn more about Trust Wallet Token (TWT) tokenomics and view project details below
What is the token allocation for TWT?
The Initial token distribution of TWT is as follows:- 40.00% is allocated to User acquisition
- 15.00% is allocated to Developers
- 15.00% is allocated to TWT community
- 30.00% is allocated to Reserve Wallet
What is the supply schedule for TWT?
In 2018, the Trust Wallet team launched an ICO, but since the company was acquired by Binance, the ICO was canceled, and the money was returned to investors. TWT was first released on the Ethereum blockchain in March 2020 and has since been relaunched twice: first as a BEP-2 asset on Binance Chain and then as a BEP-20 token on Binance Smart Chain. About 89 billion TWT native tokens were burnt during this migration.The current maximum supply of TWT is set at 1 billion tokens, with around 350 million tokens in circulation. The remaining 650 million tokens have been allocated but have yet to be spent.
What are the funding rounds for TWT?
- 250m Tokens were distributed in the Airdrop on Aug 2020 among early users and community members.
- Binance acquired Trust Wallet in Aug 2018, for an undisclosed amount.
Last updated: 9 Aug 2022
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