Establishing vesting schedule for $MTCL tokenomics using BlockPad

We are well pleased to announce our strategic partnership with BlockPad, a multichain decentralized finance gateway for the Web 3.0 ecosystem. We will be creating our entire vesting $MTCL tokenomics using their simplified BlockPad Vault.

Well, being a community-governed fundraising platform for the next generation of ideas built on Polygon, we thrive to make our own existence while being transparent. We think that we can strengthen our relationship with the community by actually showing and doing things transparently.

BlockPad will not be just helping us in creating our locks according $MTCL tokenomics but is also committed to help innovative ideas that will be coming on MaticLaunch in establishing their vesting schedule in a transpicuous manner.

Furthermore, BlockPad Vault is audited by a known and reputed auditing firm called QuillHash. Thus, every potential project is coming on MaticLaunch is secured by this constructive partnership.

$MTCL Tokenomics

Here is the breakdown of the number of vested tokens allocated to each division of tokenomics.

Liquidity: 2,010,000 — will be vested with 10% monthly release

Ecosystem: 3,000,000 — will be vested with 8.33% monthly release

Marketing: 1,950,000 — will be vested with 5% monthly release

Team: 1,000,000–9 months entirely locked and vested with 5.55% monthly

Advisor: 500,000–6 months entirely locked and vested with 8.33% monthly

Treasury: 500,000–7 months entirely locked and vested with 6.66% monthly

QuickSwap LP tokens: Locked for 1 year

All of the presale, public sale and airdrop tokens will be airdropped to investors and participants directly. So, kindly be patient as you will get your next batch on time.

About BlockPad

The BlockPad is a multichain network of decentralized applications that acts as a gateway to the Web 3.0 ecosystem. It predominantly solves the issue of investor confidence in Decentralized Finance (DeFi) by providing a suite of decentralized and intuitive products with the compatibility of multiple blockchains.

It offers a decentralized way to safeguards investors from a range of projects that might pull out the liquidity or sell off vested tokens. On the other hand, projects can leverage their ecosystem from raising funds to token price and liquidity boosting staking and liquidity mining applications.

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