Fabric Foundation's ROBO token is making waves on Binance Alpha! 🎉 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 ¹ ² ³.
Want to know more about Fabric Protocol's impact on the robotics industry or its potential price movement?