Post
Topic
Board Project Development
Re: Peer-to-Peer Advertising, and Social Network Powered by Bitcoin + Stacks
by
blackboy
on 19/08/2021, 10:49:29 UTC
So, we have started pushing code to main net and test net. Here are some updates:

- The Fari token is now on mainnet: https://explorer.stacks.co/txid/0x0eb14df269fd61ecbd0c660475c0f51b34e990e9ab40f3d134114c32112ff828
- 20M Faris have been minted. 10M of those will be distributed to the community via airdrops to incentivize network/wallet adoption, and this will happen over a multi-year period.
- 10M Faris are reserved for everything else: private investors, developers, marketing, and foundation treasury.
- 80M Faris will be minted as the network grows. Meaning they are reserved for screen operators, auditors, customers, etc.

As a reminder, the Fari token is deflationary with a 100M unit cap, no more will ever be minted (https://bitfari.org/token/).


We now move to the Neruda release deployment, which is being pushed to test net right now. Neruda will be available on main net next month. Please join the mail list to become a beta tester here: http://bitfari.com/