ICO Structure
The Sweep fairlaunch is organized in three phases.
Phase 1
Status: Completed
Token Price: $0.01
Total Raised: $200,000
Vesting: 60-day linear vesting starting from the launch date
This phase has been completed.
Phase 2
Status: Completed
Token Price: $0.02
Hard Cap: $500,000
Vesting: 90-day linear vesting starting from the launch date
This phase has been completed.
Phase 3
Status: Coming soon
Further details will be announced on the platform.
How linear vesting works
Tokens purchased during the pre-sale are not unlocked all at once. Instead, they are released gradually over a defined vesting period depending on the phase.
This is called linear vesting.
Phase 1 vesting
For users who purchased in Phase 1, the total purchased amount will be unlocked gradually over 60 days starting from the launch day.
This means:
Each day, the user becomes eligible to claim 1/60 of the total purchased tokens
The unlocked amount increases day by day
At the end of the 60th day, the full allocation will have been unlocked
Phase 2 vesting
For users who purchase in Phase 2, the total purchased amount will be unlocked gradually over 90 days starting from the launch day.
This means:
Each day, the user becomes eligible to claim 1/90 of the total purchased tokens
The unlocked amount increases daily
At the end of the 90th day, the full allocation will have been unlocked
Important notes
ICO purchases are subject to the vesting rules of the phase in which the purchase was made
Tokens are unlocked gradually, not instantly
Full unlock is completed only when the entire vesting period ends
Users should review the applicable phase terms before participating
Sweep does not provide financial or investment advice. Participation in the ICO involves risk and should be evaluated carefully by each user.
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