Believe Announces Upgrade of LAUNCHCOIN Token to BELIEVE
Believe announced that LAUNCHCOIN can be upgraded to BELIEVE at a 1:1 ratio through the official website. The upgrade period will last for two weeks, until October 29, 2025. After the upgrade, LAUNCHCOIN holders who have not completed the upgrade can still claim BELIEVE through the official website during the final claim period, which will also be two weeks. This upgrade is intended to better support the long-term development of the Believe ecosystem. The initial total supply of BELIEVE is set at 1.33 billion, an increase of 25% over LAUNCHCOIN. 17% of this is used to incentivize current and future contributors, 5% is allocated to early investors, and 3% is used for foundation projects. Contributor allocations use a four-year vesting period with a one-year lock-up, investor allocations are locked for one year, and foundation tokens enter circulation immediately. After the upgrade, all unclaimed tokens will be permanently destroyed, aiming to control the total supply to approximately 1 billion.