We expect approximately 6% of total supply to be released initially and approximately 10% of total supply to be circulating by the end of the first year. At today’s value, this implies a valuation of $360 million based on expected circulating supply on the first day tokens are released, and $600 million based on expected circulating supply at year one. Management and two-thirds of employees have invested an aggregate of over $10 million on the terms of the SAFT being offered in the accredited investor crowdsale.
Articles in this section
- What is the lockup period for institutional investors?
- What is the lockup period for the founders?
- What is the current and year one valuation based on the token distribution metrics?
- Did you launch a crowdsale?
- What were the investment terms?
- What was the minimum and maximum investment?
- Are there any approved investment pools?
- I think I found a scam / scammer / pool. How can I report?
- What was the release schedule for investors in the last round?
- How much did management invest?