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Bench Network - Whitepaper and Tokenomics

The whitepaper is available here: https://github.com/BenchNetwork/whitepaper/blob/main/Bench%20Network%20Whitepaper.pdf

Tokenomics

Token details

  • Token name: Bench
  • Token Symbol: BENCH
  • Total Token Supply: 10,000,000,000 BENCH (10 billion)
  • Decimals: 18

Token allocation

Initial Token Offering (ITO)

  • Percentage: 45%
  • Quantity: 4,500,000,000 BENCH
  • Usage: These tokens are intended for sale during the initial token offering (ITO) in different stages, where investors can acquire BENCH by investing equity or digital assets.

Platform Reservation

  • Percentage: 20%
  • Quantity: 2,000,000,000 BENCH
  • Usage: These tokens are reserved for future use in the development and maintenance of the Bench Network platform, including funding improvements, upgrades and continued operations.

Team and Advisors

  • Percentage: 15%
  • Quantity: 1,500,000,000 BENCH
  • Vesting: A vesting period is established for tokens assigned to the core team and advisors to align their interests with the long-term success of the project.

Liquidity Reserve

  • Percentage: 10%
  • Quantity: 1,000,000,000 BENCH
  • Usage: These tokens are reserved to provide initial liquidity on the decentralized secondary markets where BENCH tokens and other RWA tokens will be traded post-ITO.

Community Development and Marketing

  • Percentage: 10%
  • Quantity: 1,000,000,000 BENCH
  • Use: These tokens are intended for community development, marketing and promotional activities to increase awareness and adoption of the Bench Network platform.

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