What is the distribution model of Tokamak Network coins?

The Tokamak Network's distribution model carefully balances stakeholder interests through public and private sales, team and advisor allocations, foundation support, and ecosystem development funding.

Dec 27, 2024 at 06:50 pm

Distribution Model of Tokamak Network Coins

• Total Supply: 100,000,000 TOMO
• Circulating Supply: 55,935,020 TOMO (as of November 15, 2023)

• Distribution:

  • Public Sale: 50%
  • Private Sale: 25%
  • Team and Advisors: 10%
  • Foundation: 10%
  • Ecosystem and Development: 5%

Public Sale

• Conducted through a Dutch auction on November 1, 2018
• Raised 20,000 ETH (approximately $5 million at the time)
• Token price started at 100,000 TOMO/ETH and gradually decreased to 50,000 TOMO/ETH
• A total of 25,000,000 TOMO were sold in the public sale

Private Sale

• Conducted in two rounds in 2017 and early 2018
• Raised an undisclosed amount of funds
• Investors included Fenbushi Capital, Nirvana Capital, and Danhua Capital
• A total of 12,500,000 TOMO were sold in the private sale

Team and Advisors

• The Tokamak Network team is led by CEO Wang Shilong, a former software engineer at Alibaba
• The team includes experienced developers, engineers, and business professionals
• Advisors include Brock Pierce, Charles Hoskinson, and Jeremy Allaire
• A total of 5,000,000 TOMO are allocated to the team and advisors

Foundation

• The Tokamak Network Foundation is a non-profit organization that supports the development and adoption of the Tokamak Network
• The foundation's mission is to promote decentralized finance, educate users about blockchain technology, and invest in ecosystem development
• A total of 5,000,000 TOMO are allocated to the foundation

Ecosystem and Development

• This allocation is used to fund ecosystem development, marketing, and community engagement
• A total of 2,500,000 TOMO are allocated to the ecosystem and development

Key Points of the Distribution Model

• The Tokamak Network team has carefully designed a distribution model that balances the interests of all stakeholders
• The public sale allowed a wide range of investors to participate in the project
• The private sale raised funds from strategic investors who have experience in the blockchain industry
• The team and advisors allocation recognizes the contributions of those who have played a key role in the development of the Tokamak Network
• The foundation allocation ensures that the Tokamak Network has the resources to support its mission
• The ecosystem and development allocation will be used to fund initiatives that grow the Tokamak Network ecosystem

FAQs

Q: How can I purchase TOMO tokens?

A: TOMO tokens can be purchased on a variety of cryptocurrency exchanges, including Binance, OKEx, and Huobi.

Q: What is the purpose of the Tokamak Network?

A: The Tokamak Network is a high-throughput, low-latency blockchain platform that is designed for enterprise use. It offers a number of features that make it well-suited for a variety of applications, including decentralized finance, supply chain management, and healthcare.

Q: What is the future of the Tokamak Network?

A: The Tokamak Network is well-positioned to play a major role in the future of blockchain technology. It has a strong team, a solid foundation, and a growing ecosystem. The network is also constantly evolving, with new features and capabilities being added all the time.