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New Blockchain Aptos Unveils Controversial Tokenomics, APT Incentive Plans
Aptos blockchain that redefine the web3 user experience | Crypto Marg | Rajeev Anand | Crypto News
Tokens that private investors hold are subject to a 12-month lockup, while the entire circulating supply will be released in the next ten years.
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Committed to developing products and applications on the Aptos blockchain that redefine the web3 user experience.
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The Aptos Foundation holds 410 million tokens overall, which will be released over the next ten years. Of that, 125 million APT is available initially to support ecosystem projects, grants, and unspecified community growth initiatives, and a smaller 5,000,000 APT available initially to support the Aptos Foundation initiatives for the Foundation category.
Another 100 million tokens are held by Aptos Labs, a centralized entity that develops and maintains the blockchain.
Aptos said tokens held by private investors and current core contributors are subject to a 4-year lock-up schedule from the mainnet launch.

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