Issuance

A total of 350,000,000 (350 million) COVN has been issued. A portion of the total will be operational at the time of the Covenant Child game's launch, and the rest will be unlocked sequentially according to the Lock-up Plan.

Details on COVN allocation and distribution are as follows:

Category	%	Total Supply
Play-to-Earn	20%	70,000,000
Staking Rewards	20%	70,000,000
Ecosystem Fund	4.3%	15,000,000
Team	24.3%	85,000,000
Advisor	10%	35,000,000
Private Sales	14.3%	50,000,000
Operation Fund	7.1%	25,000,000

Play-to-Earn: 20% (70,000,000)

To attract and give ownership to a wide range of Covenant Child players.

Staking Rewards: 20% (70,000,000)

The detailed reward policies for stakers will be determined later after ecosystem decentralized governance is established.

Ecosystem Fund: 4.3% (15,000,000)

Launching promotions, global marketing, alliance partnership rewards, etc.

Team: 24.3% (85,000,000)

Covenant Child allocates 24.3% (85,000,000) of the total token supply to the project team.

Advisors: 10% (35,000,000)

Covenant Child allocates 10% (35,000,000) of the total token supply to the project advisors.

Private Sales: 14.3% (50,000,000)

Sold to strategic investors as private sales.

Operation Fund: 7.1% (25,000,000)

Development, maintenance, community establishment, consultation, etc.