FRIES Distribution

There is a total of 840,000,000 tokens (420M allotted in the raise). Potentially inflationary per governance proposal. The FRIES token contract address is 0xFA57F00D948bb6a28072f5416fCbF7836C3d62dD on Ethereum.

NameAllocation

Advisory

13%

2Y Monthly Vested, 1M Cliff

Community Reserve

5%

Requires Governance

General Incentive

5%

Requires Governance

Miscellaneous

2%

Requires Governance

Governance Reserve

25% 47.1% *

1Y Lock, Requires Governance

Raise

50% 27.9% *

Unlocked

*The treasury raise completed at $5,401,701.62 out of max $9,696,969 and all remaining tokens were moved into the Governance Reserve treasury following the results of this community proposal: https://snapshot.org/#/friesdao.eth/proposal/0x7dc1a3367bf7a5f6569544837177cebd623d1081d538b8787b277a51d34f6b8f

pageRoadmap

Milestones

Anticipated Target DateMilestone

February 2022

Token Launch

February 2022

Legal Structure Completed

March 2022

Staking

March 2022

NFT Reveal

June 2022

First Franchise Acquisition

July 2022

Individual Store Operation Plan

July 2022

DAO Operation System Deployed

August 2022

Franchise Specific Staking

Q4 2022

First Expansion (2nd Franchise)

Last updated