7️⃣Token Plan
Last updated
Last updated
The REDH token is issued using the BEP-20 standard token specification defined by the BSC network, considering the stability and scalability of transactions. The BEP-20 token standard is a standard specification that ensures the compatibility of tokens that can circulate on the BSC network. Since the BEP-20 token standard specifies programming criteria to meet the compatibility of tokens issued by DApps (Decentralized Applications) utilizing the BSC network, all tokens leveraging the BSC blockchain must adhere to the BEP-20 token standard.
The basic information regarding the issuance plan for the REDH token is as follows.
The REDH tokens will be distributed as follows: 25% for platform development, implementation, and system enhancement; 35% for ecosystem creation and platform maintenance; 20% for token swaps to secure initial business seed funding and personnel, as well as token development costs; 5% for advisors contributing to the project team and ecosystem; 10% for investors and partnerships; and 5% for company operations and miscellaneous expenses.
The funds raised through the REDH token will be allocated as follows: 30% for development costs related to recruiting and operating research and development personnel, enhancing services and business models, and developing DApps; 20% for service establishment costs, including hiring personnel for the REDH ecosystem and office operations; 30% for marketing expenses for executing online and offline advertising; 10% for legal and accounting advisory costs that align with the laws and realities of each country where the REDH token will be traded; and 10% for company reserves and risk management.
Token Name
REDHeal Token
Token Symbol
REDH
Standard
BEP-20(BSC Network)
Total Supply
1,500,000,000 REDH