The platform launches its native token K with defined distribution, lock-up provisions, and an upcoming Binance Alpha listing as part of its LiveFi initiative.
On August 6, the Sidekick project officially announced the formation of the Sidekick Foundation and the launch of its native token K, designed for real-time tipping, subscription rewards, content unlocking, and decentralized governance. The token has a total supply of 1 billion with an initial circulation of 11.13%, and investor and core contributor tokens are subject to a 12-month lock-up followed by 24-month linear vesting. The distribution plan allocates tokens across ecosystem growth (20%), long-term community incentives (20%), liquidity incentives (4%), foundation (16%), advisors (5%), core contributors (15%), and investors (20%). Additionally, Binance Alpha is set to list Sidekick K on August 8, and the project, as the seventh season MVB accelerator project of BNB Chain, has received investment from Binance Labs.