<aside> 🔍 Vesting a token means locking a certain amount of tokens over a certain period as a commitment to hold the Token. It's a mechanism that allows the founding team or core contributor to prove they are highly interested in the project.
</aside>
Having a token over a vesting schedule is an efficient way to protect investors, founders, and collaborators. Indeed, locking a certain amount of Token allows to disincentivize founders and early investors to sell all their tokens with early traction. It also disincentivizes contributors to come only for speculation purposes.
The "Vesting" tool on Coinvise allows you to compensate core community members and set up recurring payments for contributors easily. When the vesting period has been completed, the smart contract created by Coinvise, enforced on a blockchain, will allow the holders to withdraw their tokens.
You can find more info about Vesting Schedule here → What is Vesting Schedule?
<aside> <img src="https://s3-us-west-2.amazonaws.com/secure.notion-static.com/57c01de8-47bd-45cc-b549-d103988953d0/creator_economy.png" alt="https://s3-us-west-2.amazonaws.com/secure.notion-static.com/57c01de8-47bd-45cc-b549-d103988953d0/creator_economy.png" width="40px" /> Section 1 - How to create a vesting schedule on Coinvise?
</aside>
<aside> <img src="https://s3-us-west-2.amazonaws.com/secure.notion-static.com/62592ec3-81e8-4bed-b103-ab01712fe100/creator_economy_copie.png" alt="https://s3-us-west-2.amazonaws.com/secure.notion-static.com/62592ec3-81e8-4bed-b103-ab01712fe100/creator_economy_copie.png" width="40px" /> Section 2 - Why would I want to create a vesting schedule?
</aside>
<aside> <img src="https://s3-us-west-2.amazonaws.com/secure.notion-static.com/6f1aa926-c9cc-4de2-bc2f-891a69f354e7/creator_economy-2.png" alt="https://s3-us-west-2.amazonaws.com/secure.notion-static.com/6f1aa926-c9cc-4de2-bc2f-891a69f354e7/creator_economy-2.png" width="40px" /> Section 3 - Things to know before creating a vesting schedule
</aside>
<aside> <img src="https://s3-us-west-2.amazonaws.com/secure.notion-static.com/5fd7457a-9ca7-408c-851b-8fca41cf5aad/creator_economy-3.png" alt="https://s3-us-west-2.amazonaws.com/secure.notion-static.com/5fd7457a-9ca7-408c-851b-8fca41cf5aad/creator_economy-3.png" width="40px" /> Section 4 - The Culture DAO and the case for Vesting a token
</aside>
<aside> ⚠️ Note: Before starting, make sure to have a Crypto Wallet and enough Ethereum ($ETH) to pay for the transactions (there are some network fees associated with creating a vesting schedule).
If you don't want to pay money upfront, you can create your airdrop on a Layer 2 Blockchain (Polygon) that requires almost no gas fees when doing transactions. You can switch networks (from Ethereum to Polygon) easily on Coinvise, as shown below. Make sure to approve the transaction in your wallet once you've clicked on "Matic Network."
</aside>
<aside> 👇 Go on Coinvise.co and click the Create Token button.
</aside>
<aside> 👇 Click the connect "Wallet button" and follow the instruction. If you don't have a Wallet or don't know how to connect it, here's a complete tutorial.
</aside>
