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Believe announced that LAUNCHCOIN can be upgraded 1:1 to BELIEVE for two weeks

On October 16, Believe announced that LAUNCHCOIN can be upgraded to BELIEVE 1:1 through the official website. The upgrade period will last for two weeks until October 29, 2025. After the upgrade, LAUNCHCOIN holders who have not completed the upgrade can still collect BELIEVE through the official website during the final claim period, which is also two weeks. This upgrade aims to better support the long-term development of the Believe ecosystem. The initial total supply of BELIEVE is set at 1.33 billion units, an increase of 25% compared with LAUNCHCOIN. Of this, 17% is used to motivate current and future contributors, 5% is allocated to early investors, and 3% is used for foundation projects. Contributor allocation adopts a four-year vesting period and is locked in for one year. Investor allocation is locked in for one year, and foundation tokens will immediately enter circulation. After the upgrade, all unclaimed tokens will be permanently destroyed, aiming to control the total supply to approximately 1 billion. LAUNCHCOIN will no longer receive support or maintenance after the upgrade period ends, and officials advise holders to carefully review the upgrade details.

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