$BIP Public Sale

$BIP is the native token of the Bitplanet L1 blockchain. It secures the network through staking, governs protocol upgrades via on-chain voting, and serves as the gas token for all transactions. The total supply is fixed at 1 billion BIP with no inflation mechanism.

The auction runs a 10-day deposit window where participants place bids at or above the minimum ($500). The clearing price is determined by total demand relative to the 50M BIP allocation (5% of supply). All successful bidders pay the same final clearing price. The FDV is bounded between $80M floor and $500M cap.

The sale accepts deposits on Ethereum and Base. You can bid using USDC or USDT.

No. All bids are final once submitted on-chain. There is no cancellation window or refund mechanism. Please review your bid carefully before confirming the transaction.

Participants who opt into a 6-month cliff receive a 15% discount on the clearing price. Additionally, cliff participants receive bonus allocation from the 3% bonus reward pool. Tokens remain locked for 6 months after TGE before becoming available.

Yes. All participants must complete identity verification through Sonar (powered by Echo/Coinbase). Individual KYC and entity-level KYB are both supported. US participants must also prove accredited investor status. Verification must be completed before placing a bid.

Yes. US residents are eligible but must meet accredited investor requirements. US participants have no mandatory lockup obligation. Participants from sanctioned or ineligible jurisdictions (North Korea, Iran, Syria, Cuba, Russia, Ukraine, China) are excluded.

Token Generation Event is planned for September–October 2026. Standard participants (no cliff) receive 100% of their tokens unlocked on day one. Cliff participants begin their 6-month lock period at TGE.

$BIP holders can vote on upgrades to the Simnet and Mainnet candidate releases. Governance participation requires staking locked tokens. This ensures that governance voters have long-term alignment with the network.

Staking is required on locked tokens for governance participation. 80% of staking yield is directed to ecosystem emission rewards (continuous ecosystem measurement and airdrop-like distributions) rather than direct staker returns. This creates a flywheel for AI usage growth on the network.

Approximately 5% of total supply will be circulating at TGE. This includes public sale tokens for standard (no-cliff) participants. Team tokens have a 12-month cliff followed by 30-month linear vesting.

If total demand pushes the implied FDV above the $500M cap, excess demand fills the bonus allocation pool (3% of supply). This means oversubscription benefits all participants through additional token allocation rather than pro-rata reduction.