Blockchain. Done differently.
- We support decentralised science with the LAKE token.
- Our technology helps researchers own their data, leverage decentralised technology and incentivise patients.
Data Lake Token (LAKE)
LAKE is the native token of the Data Lake ecosystem and is used to fuel the network, grant access to the application and provide an incentivization layer between researchers and patients within projects created on the Data Lake Application.
Utility and Economics
Here you will find a thorough overview of the utility and economics aspects of the LAKE token that are crucial for the functioning of the entire ecosystem.
Access
Access
The Data Lake Token serves the purpose of being an access token to Data Lake products, if a researcher needs to access the Data Lake platform he needs to hold / stake or subscribe using a certain amount of LAKE tokens which grants him a certain tier in the Data Lake Application.
Fuel
Fuel
The Data Lake Token is the token for the usage of the Data Lake application and patient recruitment within it. To access the app, you need to hold a certain amount of tokens and set a bounty in the LAKE token.
Incentive
Incentive
The Data Lake Token serves the purpose of incentivising stakeholders in the ecosystem. Researcher can set a bounty inside of the Data Lake Application for recruited patients. Referee’s of these patients then get a bounty paid in the token.
Token distribution
Allocation
Amount of tokens
(in Millions, M)
(in Millions, M)
Percentage
Max Supply
Max Supply
Lock-up
Period
Period
Seed A
375 M
15%
10% TGE, 6 months cliff, 12 months vesting (tokens sold at $0.0015)
Seed B
300 M
12%
10% TGE, 6 months cliff, 12 months vesting (tokens sold at $0.002)
Strategic & Data Donors
650 M
26%
6 months cliff, 12 months vesting
Team
250 M
10%
6 months cliff, 24 months vesting
Founders
250 M
10%
6 months cliff, 24 months vesting
Liquidity Pool
375 M
15%
/
Liquidity Providers Incentives
200 M
8%
/
Data Donors Incentives
25 M
1%
10% TGE, 6 months vesting
Advisors
75 M
3%
6 months cliff, 24 months vesting
TOTAL
2500 M
100%