This is a proposal to align the New Order community, team and investors for the long term success of the project and the $NEWO token. Currently, core team tokens are vesting on a daily basis over 2 years and private sale investors & advisors tokens are vesting on a daily basis over 1 year.
As demonstrated by community discussions in Discord, the community has serious concerns over vested contracts (primarily private sale investors & advisors) that have been selling off $NEWO. As such, we propose to extend vesting for:
All private sale investors & advisors to 2 years on a daily basis with a 6 month cliff effective immediately.
Core team members to 4 years on a daily basis with a 1 year cliff effective immediately.
If this proposal is accepted, the vesting schedule for private sale investors, advisors and core team cannot be subject to community vote again.