BOB, the hybrid public chain project, announced that the Token Generation Event (TGE) for its token $BOB will take place on November 20 (Eastern Time). The project revealed its token economic model, detailing a total supply of 10 billion tokens minted on the hybrid BOB chain as ERC20 tokens. The distribution of tokens $BOB includes 50.91% allocated for the BOB community and ecosystem, with 4.15% for initial subscription, 2.00% for community sale, and 44.76% for ongoing ecosystem incentives. Additionally, 10% is allocated to the BOB Foundation to support R&D and product expansion. Early supporters receive 20.09% for their financial and strategic contributions, while 19% is reserved for key collaborators. A total of 77.8% of the token supply will be initially locked, with gradual unlocking over 48 months.
