logo

Sidekick establishes Foundation and issues native token K

By: theblockbeats.news|2025/08/06 02:42:10

BlockBeats News, August 6th, Web3 live trading platform Sidekick announced the establishment of the Sidekick Foundation and the issuance of its native token K. The token powers real-time interaction on the platform, creator monetization, and community engagement. It enables seamless value exchange among hosts, viewers, and partners, facilitating various functions from live gifting, staking, to premium access, rewards, and decentralized governance.


The K token's tokenomics have a total token supply of 1 billion, distributed as follows: Ecosystem Growth (20%), Long-Term Community Incentives (20%), Liquidity Incentives (4%), Foundation (16%), Advisors (5%), Core Contributors (15%), Investors (20%).


The initial circulating supply allocation of the tokens is 111,333,333 K (11.13% of total token supply), including: Ecosystem Growth (6.883%), Long-Term Community Incentives (1.5%), Liquidity Incentives (2%), Foundation (0.75%).


Lock-up Terms: Investors, Advisors, and Core Contributors' allocations are subject to a 12-month lock-up, followed by a 24-month linear unlock.

Hyperliquid Whale Continues Withdrawal, Over 36 million USDC Flowed Out in 24 Hours
A User Loses Over $3 Million Due to Signing a Phishing Transaction

You may also like

Share
copy

Gainers

Latest Crypto News

03:45

Lighter: The Spot Trading Testnet is now live. Feedback is welcome.

03:15

After a Failed Attempt to Rob a Cryptocurrency Exchange Following a Simulated Grenade Detonation, a Russian Man Was Arrested on the Spot at the Cryptocurrency Exchange Office

03:15

UBS: U.S. Stock Market Pullback Is Over, Year-End Rally Expected

03:15

「Cool-headed King of Short Selling」 Receives Margin Call 31 Consecutive Times, Weekly Loss Reaches $15.3 Million

03:15

Berachain Series B Funding Lead Investor Framework Holds BERA Position with Unrealized Loss of Over $50.8 Million

Read more
Community
icon
icon
icon
icon
icon
icon
icon
icon

Customer Support@weikecs

Business Cooperation@weikecs

Quant Trading & MM[email protected]

VIP Services[email protected]