$PROPC Tokenomics Update

As we recently rolled out the new Propchain Ecosystem’s online presence, it has been our prime focus to bring clarity into our vision and key offerings. With major milestones achieved such as the integration of $PROPC into our property investment platform Prop.com, and the introduction of our updated knowledge base at Propchain Docs, we have ensured that utility and transparency reflect in everything we do. To uphold this commitment and drive growth, we've made several key updates. These changes highlight our team's dedication, set the stage for our development plans, and ensure that every $PROPC holder benefits optimally.

Let’s get started!

Team Bucket: Lowered & Re-Vested

A newly established team bucket now holds 7.5M $PROPC tokens, marking a vital shift in our strategy. We have halved the initial team allocation, reflecting our belief that the $PROPC community is the cornerstone of Propchain. This reduction enables us to redirect more tokens back to the community. Additionally, we have extended the cliff period for these tokens by six months, demonstrating our commitment to long-term alignment with the project's success and stability.

In other words, the cliff period for the team allocation has been extended to 42 months, starting from the first listing date of $PROPC.

Ecosystem Growth and Product Development

From the remaining tokens from the original team allocation, approximately 1.1 million $PROPC tokens have been designated for additional community rewards, while 4.6 million $PROPC tokens have been allocated to the Operations bucket, dedicated to ecosystem growth, marketing, and product development. This strategic allocation prioritizes innovation, enhances our platform, and ensures the continued advancement of the Propchain ecosystem.

DBM Program Has a New Look!

For our Digital Board Members, now known as PropchainDAO members, it's important to note that of the 8.5 million tokens initially allocated, 3.5 million have been relocked in the new program. This strategic action directly signals the long-term vision and commitment of these members to the Propchain ecosystem.

At Propchain, we strive for the highest level of transparency to ensure all $PROPC holders are aligned with our goals, strategy, and plans. Our latest updates reflect our dedication to optimizing token distribution, supporting our ecosystem, and effectively engaging our community. We believe these changes will boost further growth and innovation, strengthening our commitment to building a successful and sustainable platform within the global RWA space.

Stay tuned for updates on $PROPC integrations within our property investment platform, Prop.com and beyond!

Thank you for being a part of our journey!