> For the complete documentation index, see [llms.txt](https://mybid-web3-digital-identity.gitbook.io/mybid-whitepaper/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://mybid-web3-digital-identity.gitbook.io/mybid-whitepaper/tokenomics/usdmbid-token-allocation.md).

# $MBID Token Allocation

####  **Initial Token Distribution**

The following distribution is planned for the initial token generation event. Any further mint of tokens will follow the rules and principles outlined "New Mint Distribution" section of [Supply & Demand](/mybid-whitepaper/tokenomics/supply-and-demand.md).

**Initial Token Generation Event (ITGE):** 160,000,000

<figure><img src="https://2967893790-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FvD32wOCRl57CdonhOk0g%2Fuploads%2FdygNgueghddhcCF8xThH%2FMBID%20Tokenomics%20(4).png?alt=media&amp;token=67b6829b-6bbb-4b59-861a-804fde2c36b1" alt=""><figcaption></figcaption></figure>

**Initial Token Generation Event (ITGE) Allocation:**

<table><thead><tr><th width="158">Percentage</th><th width="133">Category</th><th width="253">Description</th><th>Conditions</th></tr></thead><tbody><tr><td>56.97%</td><td>Token Reserve &#x26; Treasury</td><td>Majority of $MBID are for the Ecosystem Fund and Market Making Liquidity, supporting network operations and ecosystem development needs.</td><td><p><strong>Ecosystem Fund</strong></p><p> 10% Unlock, 36M Vesting</p><hr><p><strong>Market Making Liquidity</strong><br>100% Unlock</p></td></tr><tr><td>21.98%</td><td>Seed</td><td>Allocated for initial technical development and project acquisition, including early stages and essential tech development. This includes the acquisition of myBID Self-sovereign identity technology, IP, rights and projects.</td><td><p><strong>Seed Sales Swap</strong> </p><p> 10% Unlock, 36M Vesting</p><hr><p><strong>Seed Investors</strong><br>50% Unlock, 24M Vesting</p></td></tr><tr><td>10.04%</td><td>Community Development / Airdrops &#x26; Bonuses</td><td>Dedicated to fostering community engagement and growth through airdrops and bonuses.</td><td>100% Unlock </td></tr><tr><td>5.72%</td><td><p>Award </p><p>(Team &#x26; Advisors)</p></td><td>Rewards for the team and advisors for their integral role in the development phase, focusing on long-term growth of myBID.</td><td>12M Cliff, 36M Vesting</td></tr><tr><td>3.23%</td><td>Foundation</td><td>Managed by the myBID Foundation to support governance, compliance, and strategic initiatives in line with the project's vision.</td><td>36M Vesting</td></tr><tr><td>2.06%</td><td>Token Sales &#x26; Fundraising</td><td>Funds raised through strategic sales and public offerings are crucial for the initial funding and support of the project.</td><td><p><strong>Private Sale</strong></p><p>50% Unlock, 6M Vesting</p><hr><p><strong>Pre-IEO</strong> <br>35% Unlock, 6M Vesting</p><hr><p><strong>Public Sales (Coinstore)</strong><br>100% Unlock</p></td></tr></tbody></table>

Foundation, Treasury & Adoption Fund allocations are proportional to total tokens subscribed during IEO event + founders and pre-IEO investment awards. This method is used to protect the IEO and pre-IEO investors’ share of the initial token allocation. The above number of tokens is calculated under the assumption that the maximum of 700 million tokens are placed during the public IEO. If a lower number of tokens is sold, the allocations to Foundation, Treasury and Adoption Fund will be lowered accordingly.

Founders are RGX Capital and its shareholders that seeded the business in-lieu of equity. Pre-IEO awards are given to independent early-stage investors. The Foundation is a charitable organization managed as described in[ The myBID Foundation](/mybid-whitepaper/the-mybid-foundation.md)<mark style="color:blue;">.</mark>&#x20;