The Sapien Foundation has announced the date for the Token Generation Event (TGE) for the $SAPIEN token, scheduled for August 20, 2025. This follows the release of the project's tokenomics document.
Details of the Token Generation Event
The TGE of the $SAPIEN token will take place on the Base platform, providing a secure and cost-efficient environment. At launch, 25% of the total token supply, amounting to 1 billion $SAPIEN, will be unlocked, with the remaining 75% released via transparent vesting schedules.
Mechanisms and Goals of the $SAPIEN Token
The $SAPIEN token powers a decentralized network, ensuring data quality through the Proof of Quality (PoQ) system. Sapien's CEO, Rowan Stone, remarked: "Our goal is to make human data traceable, trustworthy, and scalable."
Partnerships and Future of Sapien
Sapien has already gained trust from organizations like Midjourney and the United Nations. The project actively partners with entities including AirTM, GIG, Worldcoin, and others to strengthen its position in the decentralized data market.
The $SAPIEN Token Generation Event is set to be a significant milestone for the Sapien community and a broad range of participants. Given the supporting mechanisms and partnerships, the project aims to establish a reliable and independent data storage network.
