Bracecoin reward economics

Total supply of coins for embrace program

60 million bracecoins will be distributed within a span of 4 months through 4 tranche of 15 million coins each month. Remaining coins on tranche will not be carry forwarded to the next one. In case if a tranche has been fully distributed before scheduled end; then the next tranche will automatically trigger.

How does the distribution model works?

The coin distribution will be governed by 3 programs (embark, ignition, impact) based on the points accrued by the participants.

A user can participate either in one program or all of the 3 simultaneously, however the points accrued from each program will be subject to its allocation formula and the user category.

What are the user categories?

• common
• developer
• student
• institution
• crypto enthusiast

Points to coin conversion rate for each tranche

tranche	month	conversion rate
tranche 1	MAY	50 points = 1 bracecoin
tranche 2	JUNE	100 points = 1 bracecoin
tranche 3	JULY	200 points = 1 bracecoin