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SKW activates your Skew membership. To activate a membership, your SKW are locked for 6 months. Think of it like a security deposit on an apartment: the SKW remain yours throughout the lock period, nothing is deducted and nothing is kept by Skew. At the end of the 6 months, you can unlock and claim all of your SKW in full, which ends your access to the platform services.
Allocation and Release
The Private Sale and the Pre Launch Sale are closed. The SKW for memberships come from the Early Adopter Round allocation.
Private Sale: 6% (12'000'000 SKW) at 0.05 USD, 600'000 USD raised. 12-month cliff, then 12 months linear distribution. The Private Sale also pays rewards in USDT on the contribution, shown on the Private Sale page of the app.
Pre Launch Sale: 10% (20'000'000 SKW) at 0.05 USD, 1'000'000 USD raised. 100% release at TGE (Token Generation Event).
Early Adopter Round: 14% (28'000'000 SKW) at 0.06 USD. 6 months lock.
Public Sale: 25% (50'000'000 SKW). Released 3 to 6 months after launch.
Team: 10% (20'000'000 SKW). 24-month cliff, then 12 months linear distribution.
Ecosystem Rewards: 25% (50'000'000 SKW). 100% release at TGE.
Liquidity Pool: 10% (20'000'000 SKW). 100% release at TGE.
Private Sale and Pre Launch Sale participants can follow their allocation, and claim it once released, in the Skew app.