Believe Announces Upgrade of LAUNCHCOIN Token to BELIEVE

Huoxun Finance reported on October 16th that Believe officially announced that LAUNCHCOIN can now be upgraded to BELIEVE on a 1:1 basis through its official website. The upgrade period will last for two weeks, until October 29, 2025. After the upgrade, LAUNCHCOIN holders who have not yet completed the upgrade can still claim BELIEVE through the official website during the final claim period, which will also last two weeks. This upgrade is designed to better support the long-term development of the Believe ecosystem. The initial total supply of BELIEVE is set at 1.33 billion, a 25% increase from LAUNCHCOIN. 17% of this will be allocated to incentivize current and future contributors, 5% to early investors, and 3% to foundation projects. Contributor allocations will vest over a four-year period with a one-year lockup, while investor allocations will be locked up for one year, with foundation tokens immediately entering circulation. After the upgrade, all unclaimed tokens will be permanently destroyed, aiming to limit the total supply to approximately 1 billion. LAUNCHCOIN will no longer receive support or maintenance after the upgrade period. Officials recommend that holders carefully review the upgrade details.