Fabric Foundation's ROBO token is making waves on Binance Alpha! đ It's part of the Fabric Protocol, which aims to give robots on-chain identities, wallets, and participation in automated labor markets. Here are the key details:
- Tokenomics: ROBO is the native settlement and governance asset, used for network fees, identity verification, and protocol transactions.
- Allocation:
- Ecosystem and Community: 29.7%
- Investors: 24.3% (12-month cliff, 36-month linear vesting)
- Team and Advisors: 20% (12-month cliff, 36-month linear vesting)
- Foundation Reserve: 18%
- Community Airdrops: 5% (fully unlocked at TGE)
- Listing: ROBO is listed on Binance Alpha, Coinbase, (link unavailable), Bybit, Bitget, KuCoin, and MEXC.
- Utility: ROBO enables robots to participate in the network, pay fees, and access coordination functions.
The Fabric Protocol aims to revolutionize robotics and automation using blockchain technology. With a strong focus on decentralized physical infrastructure networks (DePIN), ROBO's future looks promising Âč ÂČ Âł.
Want to know more about Fabric Protocol's impact on the robotics industry or its potential price movement?