<aside> ⚠️ The only official website for the $TALENT Community Round is summer.talentprotocol.com. When in doubt, join the Discord and ask for clarification.
</aside>
Bots and bad actors are keeping builders away.
Community incentive methods designed to reward builders (such as airdrops and grants) often fail to reach their target audience. As a result, the Web3 world struggles to attract top talent, with farmers capturing the majority of the value created in the Web3.
Talent Protocol and the $TALENT token identify real builders by aggregating valuable reputation signals, from information that cannot be easily gamed, helping projects and institutions recognise and reward their most talented builders.
If you believe crypto is not yet achieving its full potential due to a lack of builders, then join the Summer of $TALENT and help make Web3 a lot more appealing for top talent.
| Round Date | Starting in early July, 2024. |
|---|---|
| Price | $0.065 |
| Allocation | 20,000,000 $TALENT tokens (3.3% of the total token supply) |
| Fully Diluted Valuation (FDV) | $48,000,000 |
| Lockup & Release | 25% unlock on TGE followed by a 3-month linear release. |
| Maximum & Minimum Purchase | Minimum: $100 |
| Maximum: $1,000 | |
| Basis | First come, First served (FCFS). |
| Payment format | USDC on Base. |
| KYC Requirements | |
| All Community Round participants must complete KYC to claim their $TALENT (there is no deadline for KYC). | |
| Token Distribution | |
| $TALENT distribution to successful participants will begin on TGE day (assuming KYC is done). |
$TALENT is the native token of the Talent Protocol ecosystem. It acts as Utility and Governance Token and is intimately integrated with the overall protocol functionality and business model.
$TALENT incentivises the creation and curation of high quality reputation data. By staking $TALENT, apps can write new reputation data to the protocol, and curators can review profiles and flag suspicious behaviour.
Our approach (High Float, Low FDV) to the tokenomics is to focus on:
This strategy will create a better environment for delivering long-term value to token holders. Dive deeper into the $TALENT economy in our whitepaper.
Talent Protocol is focused on building value within the community, therefore, the largest token allocation is reserved for the Community.