What is the distribution model of Tokamak Network coins?

Distribution Model of Tokamak Network Coins

• Total Supply: 100,000,000 TOMO
• Circulating Supply: 55,935,020 TOMO (as of November 15, 2023)
• Distribution:
  • Public Sale: 50%
  • Private Sale: 25%
  • Team and Advisors: 10%
  • Foundation: 10%
  • Ecosystem and Development: 5%

Public Sale

• Conducted through a Dutch auction on November 1, 2018
• Raised 20,000 ETH (approximately $5 million at the time)
• Token price started at 100,000 TOMO/ETH and gradually decreased to 50,000 TOMO/ETH
• A total of 25,000,000 TOMO were sold in the public sale

Private Sale

• Conducted in two rounds in 2017 and early 2018
• Raised an undisclosed amount of funds
• Investors included Fenbushi Capital, Nirvana Capital, and Danhua Capital
• A total of 12,500,000 TOMO were sold in the private sale

Team and Advisors

• The Tokamak Network team is led by CEO Wang Shilong, a former software engineer at Alibaba
• The team includes experienced developers, engineers, and business professionals
• Advisors include Brock Pierce, Charles Hoskinson, and Jeremy Allaire
• A total of 5,000,000 TOMO are allocated to the team and advisors

Foundation

• The Tokamak Network Foundation is a non-profit organization that supports the development and adoption of the Tokamak Network
• The foundation's mission is to promote decentralized finance, educate users about blockchain technology, and invest in ecosystem development
• A total of 5,000,000 TOMO are allocated to the foundation

Ecosystem and Development

• This allocation is used to fund ecosystem development, marketing, and community engagement
• A total of 2,500,000 TOMO are allocated to the ecosystem and development

Key Points of the Distribution Model

• The Tokamak Network team has carefully designed a distribution model that balances the interests of all stakeholders
• The public sale allowed a wide range of investors to participate in the project
• The private sale raised funds from strategic investors who have experience in the blockchain industry
• The team and advisors allocation recognizes the contributions of those who have played a key role in the development of the Tokamak Network
• The foundation allocation ensures that the Tokamak Network has the resources to support its mission
• The ecosystem and development allocation will be used to fund initiatives that grow the Tokamak Network ecosystem

FAQs

Q: How can I purchase TOMO tokens?

A: TOMO tokens can be purchased on a variety of cryptocurrency exchanges, including Binance, OKEx, and Huobi.

Q: What is the purpose of the Tokamak Network?

A: The Tokamak Network is a high-throughput, low-latency blockchain platform that is designed for enterprise use. It offers a number of features that make it well-suited for a variety of applications, including decentralized finance, supply chain management, and healthcare.

Q: What is the future of the Tokamak Network?

A: The Tokamak Network is well-positioned to play a major role in the future of blockchain technology. It has a strong team, a solid foundation, and a growing ecosystem. The network is also constantly evolving, with new features and capabilities being added all the time.