[Pieverse Announces Native Token PIEVERSE Economic Model, Total Supply of 1 Billion Tokens] Payment infrastructure Pieverse has released the economic model for its native token, PIEVERSE. The PIEVERSE token is the native utility and governance token of Pieverse, launched by the foundation. Its primary uses include reducing transaction fees, staking, participating in governance, and payments. The total supply of PIEVERSE is 1 billion tokens, with the specific allocation as follows: Community Development (27.6%), Ecosystem Building and Marketing (27.4%), Team and Advisors (20%), Investors (15%), and Foundation (10%). All allocations for team members, advisors, investors, and core contributors are subject to a 12-month lock-up period, followed by linear vesting. Previously, on October 24, it was reported that Web3 payment and compliance infrastructure startup Pieverse announced the completion of a $7 million strategic funding round. This round was co-led by Animoca Brands and UOB Venture, with participation from 10K Ventures, Signum Capital, Morningstar Ventures, and others. On October 30, Pieverse announced receiving $3 million in funding support from CMS Holdings, which will aid in the expansion of x402b on the BNB Chain. With this, including seed and strategic round investments, its total funding has reached $10 million.