Post
Topic
Board Announcements (Altcoins)
Re: [ANN]Terra, start from cross-border payment, ICO starts on 15th dec
by
antaja
on 12/12/2016, 17:23:27 UTC
6B for ICO and 3B for the team? isnt that too much?

Where did you find that??? For team, we keep 10B. 15B is for foundation, 10B for cooperators. And 5B is for giving away and promotions.  All spent will be transparent.

now im confused


Token and Distribution
The token of Terra is named TEA; total amount is 10 billion
60% is for global ICO.
15% is used for building Terra Foundation, and encouraging inspiring innovation development in community and get VC funds to support the project if the money is used out.
10% for business creation.
10% reserved for team, locked before reaching the meaningful milestone.
5% for marketing promotion.