What is OCT
Tokens
OCT (Octopus Network)
The Octopus Network is a NEAR-based multichain interoperable crypto-network for launching appchains.
I. Project Introduction
The Octopus Network is a NEAR-based multichain interoperable crypto-network for launching and running Web3.0 Substrate-based, EVM compatible application&specific blockchains, aka appchains.
II. Token Information
1) Basic Information
Token name: OCT (Octopus Network)
Total supply: 100,000,000
Tokens in Circulation: 49,885,948.91 (May 10, 2022)
TGE Date: Aug 31, 2021
Price for early investors: $0.05 Angel/ $0.2 Strategic & Seed/ $0.4 A Round
2) Token Distribution and Token Release Schedule:
| Party | % of the total | Token Release Schedule |
| Angel Round | 6.000% | Unlock linearly in 3 yrs after TGE |
| Strategic Round | 5.000% | Unlock linearly in 3 yrs after TGE |
| Seed Round | 15.000% | 100% Unlock at TGE |
| A Round | 12.500% | 100% Unlock at TGE |
| IDO | 2.500% | 100% Unlock at TGE |
| Team | 24% | Unlock linearly in 3 yrs after TGE |
| Octopus Foundation | 30% | Unlock linearly in 3 yrs after TGE |
| Initial Security | 5% | Unlock at TGE,but only used for appchain stacking |
| Total | 100.00% | / |
III. Related Links
Official Website: https://oct.network/
Whitepaper Link: https://github.com/octopus-network/papers/blob/main/Octopus%20Network%20White%20Paper.pdf
Blockchain explorer Links:
ERC20：https://etherscan.io/token/0xf5cfbc74057c610c8ef151a439252680ac68c6dc
Community Related links:
Twitter：https://twitter.com/oct_network
Telegram：https://t.me/octopusnetwork
Discord：https://discord.com/invite/6GTJBkZA9Q
Medium：https://medium.com/oct-network
Note: The project introduction comes from the materials published or provided by the official project team, which is for reference only and does not constitute investment advice. HTX does not take responsibility for any resulting direct or indirect losses.
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