Initial Token Distribution

The initial token distribution took place between January 17, 2022 (Copper Launch) and January 20, 2022 ($PDT’s official launch on Uniswap).

Recipient	Percent	Amount	Description	Vesting terms
Founders	17.1%	27,787,500	Vested tokens distributed to the founders who initially sold Parallel Masterpieces to the DAO	2 years, linear (from Jan 20, 2022)
Operational team	0.9%	1,505,159	Vested tokens distributed to early contributors	1 year, linear (from Jan 20, 2022)
Early investors	49.1%	79,826,624	Tokens distributed to early investors at $0.34/token	N/A
Treasury reserves	2.6%	4,190,446	For future needs
Copper Launch	23.1%	37,500,000	Initial liquidity bootstrapping pool
Initial Bonding Event	5%	8,100,000	Limited time event where we offered $PDT at the equivalent value of $0.34/token in exchange for Parallel cards
Uniswap liquidity pool	2.2%	3,600,000	To supply our initial protocol-owned liquidity
Total	100%	162,500,000	To supply our initial protocol-owned liquidity