




Token name: Sound Recording Coin
Symbol: SREC
Main currency inside the ecosystem. Governance token and utility.
Total supply: 10 000 000 000 (10 billion)
Decimals: 9
Blockchain: Solana
Token Adress: HcPQHFn978rwepazBiLSFaHNubWrmFZG97aEJ5kAYMCp
Update Authority: AudiowEtZeZ24ChxZQHzsABPQQCktsp4htKFur68XxDr
Mint Authority: HcPQHFn978rwepazBiLSFaHNubWrmFZG97aEJ5kAYMCp
This means that the token can no longer be minted. Supply is final.
Issuance date: October 20, 2022
Initial issuing price: 0.0007 USD
Token allocation:
Token allocation vesting with Mean Finance DeFi protocol in November, 2022:
Sound Family DAO members, artists and partners, (1-4 year locked, 1st year locked, linear vesting after 1st year) (solscan) 34.5.%+1% (emergency help pool for sound workers, locked multisig crate);
DeFi airdrop and mining/staking, (5.8% airdrop for NFT holders, first 3 month locked, after linear unlock during 12 month, other 12.2% 1-4 year locked) (solscan), 18%;
CatchTheRecordTeam (1-4 year locked) (solscan), 15%;
Irrevocable Corporate Purchase Order ICPO (unlocked) (solscan), 1%;
Liquidity DeFi airdrop: 1%;
Sound Family DAO contributors/employees/as bonuses/grants/etc: (locked 1-4 years), 4%;
App rewards for listening (1-4 year locked) (solscan), 15%;
And partnerships (1-4 year locked) (solscan), 10%;
Total Circulating Supply for the first year: 6.3%. The breakdown
is as follows:
NFT Holders airdrop 4.3% ;
Irrevocable Corporate Purchase Order ICPO (solscan), 1%;
Liquidity DeFi airdrop: 1%;