Post
Topic
Board Tokens (Altcoins)
Re: [ANN] [ICO September 1] ALIS - Japanese Social Media Network
by
BearClawRawrrr
on 15/10/2017, 23:39:45 UTC
They have 287 millions total, however, devs will burn the rest (unsold tokens) on 1'st of November.

The number of tokens left will be depending of how many people will buy. Let's say for example, 100 mil for the sake of argument.

Great project. To the MOON!!!

You seem to understand about this project, are you part of the team?
And currently Circulating Supply 37,852,608 ALIS (coinmarketcap version) if nobody buys the rest will be burned? and fixed supply 37,852,608 ALIS, right?

it will be around 75,000,000 ALIS after burning. I read on twitter - ALIS_media

So... after burning, 75m ALIS, and another 75m that's held by the team, or 250m held by the team?

According to their white paper: "ALIS is set to procure funds with an ICO, issuing 500 million tokens and exchanging half of them with
Ethereum. The upper limit of distribution is 250 million and the remaining tokens (250 million) will be owned by our stakeholders and us. The reason why we plan to own 50% is that we ourselves will have a healthy incentive to develop the platform."