Token vesting
Investors, team and contributors are subject to token restrictions.
Investors
Wifi Dabba has raised equity funding from some of the most prominent Venture Capital ("VC") firms in the world, including Multicoin Capital, Borderless Capital, YCombinator, and more. Tokens allocated to investors are restricted for a 2 year period from TGE after which they vest on a monthly schedule over a 24 month period.
Dabba Inc
Tokens allocated to Dabba Inc. are restricted for a 2 year period, after which they vest on a monthly schedule over a 24 month period. The starting date for this is the day the token launches on mainnet.
Connectivity enablers
The genesis rewards are applicable from November 1st 2023. Enablers who buy DabbaLite hotspots during season 1 will be awarded one time rewards for participating early in the project.
For season 1, genesis reward calculations start from Nov 1st, 2023 or date of purchase whichever comes later, uptill date of TGE. Reward distribution will commence from the date of TGE. These rewards will follow a daily vesting period defined by the number of days of participation in the season.
Please see details here (Season 1) --> https://dab.ba/DBT-Calc-Community
For season 2, genesis reward calculations start from May 15th, 2024 or date of purchase whichever comes later, uptill date of TGE. Reward distribution will commence from the date of TGE. These rewards will follow a daily vesting period defined by the number of days of participation in the season.
Please see details here (Season 2) --> https://dab.ba/DBT-Calc-Community-Season-2
Once the project goes on the mainnet, daily rewards will come without any lock-in.
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