Re: [ANN][ID] EVERID - Unlocking opportunity with identity

What is the maximum number of tokens contributed in the token sale?

There will be a maximum of 800,000,000 Tokens issued:

- 37.5% Team Members, Founders, Board Members, and Advisors
- 38.0% Seed, Pre-sale and Bounty (0.875%)
- 24.5% Reserve for community and ecosystem development

Isn't 37% for team and advisors a bit much? Don't those usually go to around 20% max?

Maybe they will be locked for a long period of time,so it wont be an issue

Yes, there are the following lock-ups / vesting periods for EverID tokens:

· 2 years for tokens reserved for the Company (25% immediately after 6 month lock-up; remaining 75% vests monthly in equal amounts over the next 18 months)
· 1 year for Seed round participants (25% immediately; remaining 75% vests 25% quarterly over the next 9 months following 3 month lock-up) .
· 3-month lock-up for Pre-Sale participants (100% immediately following lock-up)

Thats actually good thing,to lock presale tokens,as those usually get the biggest bonus.

What is seed round,can someone explain that please?

Seed round is like private sale, which happened to establish the project first