Author Topic: Genesis block distribution  (Read 589 times)


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Genesis block distribution
« on: October 25, 2017, 03:17:45 PM »
Genesis block distribution

Distribution of Ada token vouchers, which are part of the Cardano settlement layer, took place in Asia in four stages between October 2015 and the start of January 2017. This distribution, essentially a pre-launch sales event, was the first in the cryptocurrency industry to set Know Your Customer guidelines, and an audit was performed on the distribution process. Information and statistics about the voucher distribution are detailed below in the Ada Voucher Distribution Stats section. In addition to these Ada, the Genesis Block Distribution includes an amount equal to 20% of the Ada Vouchers sold during the Sale period, or 5,185,414,108 Ada Vouchers. These have been generated and distributed to three entities of the Cardano ecosystem that are part of the Technical and Business Development Pool: IOHK, Emurgo and the Cardano Foundation. The total amount of Ada available at Launch will therefore be equal to 31,112,484,646 ADA.

ADA Voucher Distribution Stats
(per ada voucher holder, tickets, distributors)

The four tranches of the distribution are shown with the number of individual Ada vouchers distributed that took place during each stage, and the proportion of the overall distribution that occurred during that particular tranche. The sum taken during each tranche is viewable in Bitcoin, Ada or the equivalent in US dollars. (All Ada voucher holder transactions were made in Bitcoin, or by Yen converted into Bitcoin, to enable transparent blockchain accounting.)

The proportion of ada voucher holders from each region is shown, along with the aver....  READ MORE HERE


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Re: Genesis block distribution
« Reply #1 on: October 29, 2017, 12:26:57 AM »
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