🔒 Locked.Money 
What is VESTING? 
And why should you care!?

Let's chat about what "vesting" means, especially when you're part of the Private Round/Additional Funding Round for Locked Money.

What's a Private Round/Additional Funding Round?

A Private Round/Additional Funding Round is where you have an exclusive opportunity to buy something at a low price. You get to buy assets (like Locked Money tokens) before anyone else, and at the cheapest rate.

The Big Picture:

 • Exclusive Access: Only a few people get to buy during this round.
 • Low Price: You're getting a great deal!
 • Limited Time: Once it's over, that price is gone forever.
 
Now, Let's Talk Vesting:

When the Private Round/Additional Funding Round ends, there's often a wait before the asset goes public (this is called the Token Generation Event or TGE). By the time it's public, the price might skyrocket!

To keep everyone happy and prevent a rush to sell, vesting ensures you don't sell all your assets at once.
 
How Vesting Works:

 • Instead of getting all your tokens at once, they're released or "vested" over time.

 • This drip-feed prevents a massive sell-off which could crash the price.

 • Some rounds have a CLIFF. This means, AFTER receiving the agreed amount of your tokens upon TGE, there is a WAIT of x months until your Monthly Release kicks in. As you will see, Round 1 have a one-month cliff. Round 3 has a three-month cliff (more details on the cliff in the particular round details below)

---

So, vesting is like a safety net for everyone involved, ensuring a smooth transition from private to public and helping to maintain the value of your investment over time.


---

WHEN WAS THE TGE?

Locked Money went live on 10th February 2025.

The tokens started to be distributed a few days later, on 12th February 2025.

----

⏰ IMPORTANT!

HOW DO YOU CLAIM THE TOKENS YOU PURCHASED?

Claiming your tokens is a simple process!

The steps are the same no matter which Funding Round(s) you participated in.

1: Go to the private sale page (Locked.Money/privatesale).

2: Connect your wallet.

3: Check the number of tokens available for you to claim.

When you claim your tokens, they will be transferred to the same wallet you used during the purchase.

-/-/-
 

---

Here's how it breaks down for the LM Private Rounds:

Private Round #1:

• Funds Raised: $720,000

 • Token Price: $0.0018

 • Vesting Schedule:

 ◦ At TGE: 12% of your tokens are yours.

◦ Cliff: There is a one-month cliff with this round. This means that after your initial 12% release, there is a waiting period of one month, during which no further tokens are released.

 ◦ Monthly Release: After the one-month cliff, the remainder of your LMY tokens are released. This will start on 13th March 2025.  The tokens will be released at 9.7% of your allocation every month for 9 months until you have received 100% of your tokens.

-/-/-
  
Private Round #2 (Additional Funding Round):

 • Funds Raised: $400,000

 • Token Price: $0.0020

 • Vesting Schedule:

 ◦ At TGE: 12.5% of your tokens are released.

◦ Cliff:  There is no cliff with this round.

 ◦ Monthly Release:  As there is no cliff with this round, that means that you will immediately begin receiving the tokens you purchased from February 12th 2025.  They are released at 14.58% every month for 6 months, after which you will have received all your tokens.  

-/-/-


Private Round #3 (COMMUNITY Funding Round):

•  Funds Raised: $450,000

 • Token Price: $0.0015

 • Vesting Schedule:

 ◦ At TGE: 6% of your tokens are released.

◦ Cliff: There is a three-month cliff with this round. This means that after your initial 6% release, there is a waiting period of three months, during which no further tokens are released.

 ◦ Monthly Release: After the three-month cliff, the remainder of your LMY tokens are released.  This will start around May 10th 2025.  They will be released at 4.7% of your allocation every month for 20 months until you have received 100% of your tokens.