Post
Topic
Board Announcements (Altcoins)
Re: [ANN][ID] EVEREST - Elevating Humanity
by
Vargistkrieg
on 25/09/2018, 07:43:00 UTC
What will be the total supply of EVERID tokens after ICO ends?

The total ID Token Supply is 800,000,000
•   38% for Seed, Pre-sale, & Bounty
•   37.5% for Strategic Partners, Team Members, Founders, Board Members, Advisors
•   24.5% in Reserve for future employees, other value exchange, and future sales


Whats the percentage  of tokens that will be locked?

These 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)

This will definitely prevent early dumps and space out the time between tokens getting on the market.