📢 Vesting extended for Team & Investors, minting for Binance partnership
Dear Adventurers,
We are announcing that our investors, growth partners, and team have decided to unanimously extend the duration of their vesting schedule.
Also, as part of the investment and long term partnership with Binance announced earlier this year, we will also be minting WNCG with six year vesting schedule as well.
Nine Chronicles is the first fully open sourced, on-chain game of its kind, which is founded on the belief in the gaming community’s long term creative potential.
Developing a new gaming paradigm takes time, and during discussions with our investors and partners, we decided to double down on our conviction by agreeing to lengthen our vesting schedule as follows:
- Seed investors : 6 months from Oct 2020 (Network Launch) → 24 months from Oct 2020
- Growth investors : 6 months from Aug 2021 (WNCG Launch) → 24 months from Aug 2021
- Team : 2 years after a 6 month cliff from Oct 2020 (Network Launch) → 6 years from Oct 2020
- Binance Partnership : 6 years from Dec 2021 (Partnership Date)
(All vesting is linear with monthly cliffs)
Most notably, our team has extended the foundation vesting to 6 years to demonstrate our commitment to Nine Chronicles. We believe the creative potential for Nine Chronicles is really just getting started, and we want to focus on the next years fully fleshing out our vision for open source gaming network with experience powered and extended by the community.
As for the Binance Labs partnership, we are minting WNCG from the activation, partnership, and post-launchpad sales allocation. The transaction link is provided for your reference.
The minted WNCG allocation will be locked into the wallet address and will unlock at a monthly linear schedule through the 6 year investment and partnership agreement.
We look forward to working with the Binance ecosystem by delivering unique and deeply integrated experience with its suite of products and the BNB Chain.
If you haven’t check out the roadmap, we also have many updates heading your way in the second quarter of 2022, with more yet to be announced :)
For any questions about vesting extension and partnership, please feel free to reach out to our team at Discord #ncg-discussions channel. Thank you!
