Solving Centralization with Multisig Wallet

Token Distribution and Security Measures

1. Token Allocation into Multisig Wallets:

To enhance security and manage our token distribution effectively, we will allocate the BOMT tokens into multiple multisig wallets configured with a 3/4 approval system. These wallets will be categorized based on their intended use, as outlined in our published tokenomics. Each wallet will require the approval of three out of four designated signatories to authorize any transaction, ensuring robust security and decentralized control.

2. Public Disclosure of Wallets and Token Usage:

To maintain transparency, we will make the details of these multisig wallets public. This includes:

• Publishing Wallet Addresses: The addresses of all multisig wallets will be made available on our official website and GitHub repository.

• Detailed Token Usage: We will provide a clear breakdown of the intended use for tokens held in each wallet, aligning with the tokenomics outlined in our whitepaper.

This will include information on allocations for liquidity, CEX listings, development, and other specified uses.

3. Handling of Unvested Tokens:

We are 100% unvested tokens (no vesting on TGE ). On the listing date, we will ensure that all unvested tokens are fully accessible and not subject to vesting schedules. This means:

• No Vesting Lock: This approach will provide flexibility and avoid complications associated with vesting schedules.

• Transparency in Token Management: By keeping all tokens accessible, we ensure transparency in how funds are managed and used, reinforcing our commitment to a fair and open ecosystem.

Summary:

All token allocation is carefully designed to support different facets of our project's growth and sustainability. From liquidity provision and marketing to supporting early contributors, these allocations are intended to build a robust and thriving BOMT ecosystem. We are committed to transparency and strategic management of our token supply to foster long-term success and value for our community.

Our commitment to security, transparency, and fair token management is underscored by these measures. By distributing tokens into secure multisig wallets, publicly disclosing wallet details, and ensuring full accessibility of unvested tokens, we aim to build trust and confidence within our community and provide a solid foundation for the BOMT ecosystem.