Believe announces that LAUNCHCOIN can now be upgraded to BELIEVE at a 1:1 ratio, with the upgrade period lasting for two weeks.

On October 16, it was announced that Believe has enabled LAUNCHCOIN holders to upgrade their tokens to BELIEVE at a 1:1 ratio via the official website. The upgrade period will last for two weeks, ending on October 29, 2025. After the upgrade period, LAUNCHCOIN holders who have not completed the upgrade can still claim BELIEVE through the official website during the final claim period, which will also last 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 tokens, representing a 25% increase compared to LAUNCHCOIN. Of this, 17% is allocated to incentivize current and future contributors, 5% is distributed to early investors, and 3% is reserved for foundation projects. Contributor allocations will have a four-year vesting period with a one-year lock-up, investor allocations will be locked for one year, and foundation tokens will enter circulation immediately. After the upgrade period ends, all unclaimed tokens will be permanently burned, with the goal of keeping the total supply at approximately 1 billion tokens. LAUNCHCOIN will no longer be supported or maintained after the upgrade period, and the official team advises holders to carefully review the upgrade details.