# Token Allocation

## Community focussed

Up to 25% of the total supply of $HUGS will be sold during the token sale, and a minimum of 25% of the total supply is reserved for the Hugs Limited operations and its team.

45% of the $HUGS supply will be reserved to bootstrap the Curator ecosystem, of which a large part will be poured into the elastic reward pool. 

## Token allocation table 

| **Destination**                    | **$HUGS (M)** | **Percentage** |
| ---------------------------------- | ------------- | -------------- |
| **Token sale**                     | **25**        | **25 %**       |
| *Early Supporters*                 | 4             | 4*%*      |
| *Private Sale*                     | 6             | 6*%*      |
| *Public sale*                      | 1*5*          | 1*5%*          |
| **Hugs Ltd**                       | **30**        | **30 %**       |
| *Development*                      | *5*           | *5 %*          |
| *Partnerships*                     | *2*           | *2 %*          |
| *Marketing*                        | *3*           | *3 %*          |
| *Team & Advisors*                  | 10            | 10 *%*         |
| Exchange liquidity                 | 10            | 10%            |
| **Community incentives & rewards** | **45**        | **45 %**       |
| **TOTAL SUPPLY**                   | **100**       | **100 %**      |

### Token allocation explained

#### **Token sale**

The initial number of tokens sold to early investors. The proceeds of this token sale will be used by the Hugs team to cover design, market research, R\&D of the Platform, team growth, and operational costs.

#### **Development**

These tokens are reserved to cover additional costs for the development of our platform and proof of concepts.

#### **Partnerships**

Various partnerships will be established. Some partnerships require an investment in time and material. A number of tokens have been reserved to cover this.

#### **Marketing**

As is common practice in crypto and blockchain projects, Hugs will build a community of supporters. This includes affiliates, contributors, testers, etc. Valuable contributions can be rewarded with tokens.

#### **Team & Advisors**

Preceding the launch of the $HUGS token, a number of enthusiasts and advisors have voluntarily contributed to the project. They will be rewarded with tokens for their time, expertise, and effort.

#### Exchange liquidity

Listing a token on an exchange requires a number of tokens to be provided for market-making purposes, to ensure that buy and sell orders can take place with the smallest possible delay.

#### **Community incentives & rewards**

The goal is to provide funding for community initiatives focussing on community-driven solutions willing to build on top of Curator and to use $HUGS in our Elastic Reward Pool.