Neon Machine Revamps SHRAP Token Schedule for Shrapnel
Neon Machine's Strategic Update on SHRAP Token Unlock Schedule In an ever-evolving landscape of blockchain gaming, Neon Machine, the innovative studio behind the notable game Shrapnel on Avalanche, has unveiled a significant revision to its SHRAP token unlock schedule. This strategic adjustment aims to enhance the long-term utility of the token while aligning with the project’s ambitious roadmap. Key Highlights of the Revised Token Unlock Schedule Reduction in April Unlocks : The unlocks for various token holders will be reduced by nearly 75% this April, while community reward pool emissions and ecosystem fund unlocks will proceed as initially planned. Non-Linear Structure : The new schedule introduces a non-linear release structure, starting with a lower unlock rate that is expected to accelerate as the user base and token utility grow. Stakeholder Impact : This revision affects the unlock schedules for team members, advisors, seed token holders, and strategic token hold...
