1,000,000,000 XRP Released From Crypto Escrow As Ripple Prepares for November Sales
Yes, we all know. Actually, do us a fovor, instead making 50+ posts like this, why don't you make
1 big post. Tell us about all the 1st of month for the next 5 years, so we don't forget
Fun facts,
24/02/2019 - There were 52.100.000.013 XRP held in Escrow
20/10/2029 - There were 50.000.000.013 XRP held in Escrow
That's an average of 262.500.000 XRP sold per month, the rest of the 1.000.000.000 coins are being locked again. This info is in Ripple's website and also on the blockchain.
There's also an average of 150.000 XRP destroyed per month which are the transaction fees, this estimation however is from my personal observations over the last months, I could be a little off in this number.
So we have about 262.350.000 XRP entering the market every month (68.211.000)
In comparison there are 54.000 Bitcoins (449.518.140) being generated per month.
But people seem to believe that the Bitcoin miners are saints, even though 95% of them are mining coins with the purpose of selling them for personal profit; and XRP's developers are evil people who are receiving a payment to continue develop and promote XRP.