Tokens release when value is delivered — not on a calendar.
The largest $ENO allocations are locked until real products ship and real infrastructure is live. Market-cap-gated Safes scale operational capacity with the project's actual reach.
Going from zero to a working product is the hardest first leap. The largest single delivery tranche. Contributors who get the project to a working MVP carry the highest execution risk. Acceptance criteria are published before the disbursement window opens.
Network deployment, protocol activation, infrastructure at scale. The inflection point where the system becomes genuinely peer-to-peer. Acceptance criteria are published before the disbursement window opens.
The most capital-intensive milestone. Hardware requires manufacturing relationships, supply chain, and physical logistics that software milestones do not. Acceptance criteria are published before the disbursement window opens.
Operational funding for the Foundation that scales with actual market reach. Released against market capitalization thresholds verified by a sustained trailing average — not spot price. If no thresholds are ever reached, the Safe does not release.
Strategic liquidity deployment that scales as the token market deepens. Same market-cap-referenced mechanism as the Foundation Ops Safe. Prevents subsidizing liquidity at a stage where the market cannot support it.