$TALENT is Talent Protocol’s native utility token, designed to create a reliable and decentralized professional reputation ecosystem.

In this post, we will take a deep dive into $TALENT distribution and vesting schedules. Read more about Talent Protocol and its core components here.

Token Information

Let’s start with the basics:

• Ticker: TALENT

• Network: Base

• Contract Address: 0x9a33406165f562E16C3abD82fd1185482E01b49a

• Fixed Total Supply: 600,000,000

• Initial Circulating Supply: 175,775,000 (29% of total supply)

• Last Funding Round Price: $0,065

• Fully Diluted Valuation (FDV): $39,000,000

• Initial Market Cap : $11,425,375

Check the token on CoinMarketCap and CoinGecko, and go deeper on live onchain data in the Talent Token Dune Dashboard (coming soon).

Token Allocation

Stakeholders

The token distribution has been designed to ensure the long-term sustainability of the project, while rewarding early contributors.

• Ecosystem & Community Growth: 170M tokens (28.3% of the total supply) are allocated to initiatives that incentivize sustainable growth, including airdrops, grants, partnerships, and other user and developer acquisition strategies.

• Core Team & Contributors: 175M tokens (29.2% of supply) are set aside for Talent Protocol’s core team, contributors and advisors, vested over a period of 3 years. Additionally, the core team has a 1-year cliff to align incentives with long-term project success.

• Private Rounds: 127.5M tokens (21.3% of the supply) has been allocated to early-stage investors who have supported the project’s development in multiple rounds.

• Reserve: 47.5M $TALENT tokens (7.9% of the supply) are allocated to the protocol’s treasury, which are safe-kept for future development and strategic partnerships (pending on future decision-making from token holders).

• Liquidity: 80M tokens (13.3% of the supply) are reserved for providing liquidity on both centralized and decentralized exchanges, ensuring smooth trading for $TALENT holders.

Funds Raised

To build a reliable reputation ecosystem, Talent Protocol counts with the support of several key partners, including: Base, Coinbase, Protocol Labs, Alliance, Celo, ENS, ETHGlobal, World, Safe, Cyber, just to name some.

Token Release Schedule

$TALENT token will be distributed over the following token release schedule:

Our High Float, Low FDV approach creates a better environment for delivering long-term value to token holders:

• Long-term stability of the token price.

• Reducing sell pressure.

• Decreasing inflation.

• Increasing the project longevity.

Conclusion

We invite all builders, recruiters, and investors to join us on this growth journey.

To learn more about $TALENT and the Talent Protocol ecosystem, check out our documentation.