Token Details & Distribution

Token Allocation

The $SCAN token is the native cryptocurrency of the Scannit ecosystem, designed to power all transactions, governance, and community participation on the platform. With a total supply of 1,000,000,000 tokens, $SCAN is an ERC20 / XRC20 Token. The allocation of these tokens is designed to foster community growth, support ongoing development, and ensure long-term sustainability of the platform.

The total supply of 1,000,000,000 $SCAN has been allocated as follows:

Airdrop: 5%

The airdrop allocation is reserved for distributing $SCAN tokens to early users and community members. By providing an airdrop, Scannit aims to kickstart the ecosystem by rewarding early adopters and key contributors, promoting broad token distribution and engagement. This allocation helps ensure that the platform begins with a diverse, decentralized base of token holders.

Public Sale: 5%

5% of the token supply is allocated for the public sale. This allocation will allow new participants to join the Scannit ecosystem and acquire $SCAN tokens. The public sale provides an opportunity for wider community involvement, ensuring that the platform continues to decentralize as it grows. By offering a portion of the tokens to the public, Scannit can attract new users, developers, and businesses to the ecosystem.

Incentivization Pool: 38%

A significant portion of the $SCAN supply is allocated to the incentivization pool. This pool is designed to reward user participation, data contributions, staking, and other activities that support the ecosystem's growth. The incentivization pool is crucial for sustaining long-term user engagement and ensuring that participants are consistently motivated to contribute data and remain active within the ecosystem. As the ecosystem grows, these rewards will ensure that the network remains robust and active.

Treasury: 12%

The DAO treasury is allocated 12% of the total $SCAN supply. This allocation will be used to fund future development, community-driven initiatives, grants, and bounties. By empowering the community through the treasury, Scannit ensures that the platform can evolve based on user needs. The treasury will also support governance proposals and other community-led decisions, helping to maintain the platform’s decentralized nature.

Team & Advisors: 20%

A total of 20% of the token supply is allocated to the Scannit team and advisors. This allocation is designed to reward the team for their past and ongoing contributions while aligning their interests with the long-term success of the platform. The vesting schedule for these tokens ensures that team members remain committed to the project's development and growth over time.

Early Backers: 20%

Early backers, who provided the necessary funding and strategic guidance to launch Scannit, are allocated 20% of the total supply. This allocation ensures that early investors are rewarded for their support while aligning their interests with the platform's long-term success. The vesting schedule for early backers is structured to encourage their ongoing involvement in the ecosystem, ensuring sustained support and growth for the Scannit platform.

This page does not make any binding representations.

Please be aware of scam tokens. The official token address for $SCAN will be clearly provided on our official platforms. Always ensure you are interacting with the correct token address and verify the source of any communications.

It's crucial to triple-check that any communications claiming to be from Scannit are authentic. Scammers often attempt to deceive users into sending them crypto or revealing private keys. There are no guarantees regarding the nature of the $SCAN token or its distribution, as these may change based on ongoing legal, tax, and other design considerations. Future alterations to the token's distribution could also be decided by a vote of the token holders in accordance with network governance.

Scannit reserves the right to withhold tokens from users whose wallet addresses are flagged for compliance issues, including anti-money laundering, sanctions, or other applicable laws. Nothing in this document or related communications constitutes a promise or guarantee of any future actions, and Scannit is not bound to distribute $SCAN tokens to any user.