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Board Tokens (Altcoins)
Re: [ANN] [NO ICO] [LISTED] The SCALE Network: Gas-less Social Rewards Platform
by
scalenetwork
on 17/11/2018, 17:33:27 UTC
reserved for updates
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Topic
Board Tokens (Altcoins)
[ANN][NO ICO][LISTED] SCALE Token: Gas-less Social Rewards DApps on Ethereum
by
scalenetwork
on 17/11/2018, 17:31:18 UTC


Initial Distribution: 10,000,000 Total
                                2,000,000 to developers
                                8,000,000 airdropped to owners of legacy coin, Sigil, which was swapped to SCALE

Rewards Pool Distribution
25% go to staking
70% go to a rewards pool for rewards for curators, creators, developers, and sidechain validators
5% go to a development fund  

Inflation
Through the first year, the total supply will inflate by 100%. Then the inflation rate
will decrease by 30% every year until it reaches 10%. When the inflation rate reaches 10%, it will
decrease by .05% each year until it reaches 1%, where it will then remain at 1% for all subsequent years.

More Information
For a more detailed explanation of The Scale Network, please see our intro article here

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Topic
Board Announcements (Altcoins)
Re: [ANN][SGL] Sigil - Decentralized, 0% Fee Crowdfunding
by
scalenetwork
on 16/08/2018, 04:17:15 UTC
Hello everyone. I'm sorry that some of you had issues with the swap, the new token is on the ethereum blockchain which is inherently different than the previous blockchain the legacy sigil coin was on. The development team in the slack has had addressed many issues so going to the slack is everyone's best bet for receiving help. There have been 160+ successful swaps so it please do not call the swap a scam as it is misleading. The development team knows ethereum is new for many so please bear with us while the team tries to help everyone with their issues. Also, the end date for the swap is September 1st 11:59PM EST. You can also stake the new tokens and the total supply will be the same as the old supply.