Token economics

in #datum6 years ago (edited)

Role of Token Enable trade of data between data owners and buyers
Symbol DAT
Supply 3,000,000,000
For Sale 1,530,000,000
Emission Rate No new tokens will be created
Price 25’000 DAT per 1 ETH

Total token supply: 3,000,000,000 DAT

DAT Allocation Overview
51% of all minted DAT tokens will be offered for purchase by the public under the
ticker symbol DAT. The crowdsale will take place on 29th October 2017 at 1 PM
UTC (GMT+0) and stay open for 31 days or until the hard cap of 61200 ETH is
reached. 75000000 (75 million) DAT Tokens were offered to selected investors and
the public as part of a Presale at the DAT Rate of 1 ETH = 10,000 DAT. Including bonus
offered to presale participants and adjusting for the DAT Rate change at time of
main Token Sale (1 ETH = 25,000 DAT) the total amount of Tokens sold in the
Presale was 214802742 (214.8 million) DAT Tokens representing ~7.16% of all
tokens.
29% of minted DAT tokens will be held in a reserve by the Datum Network for
community initiatives, user growth, business development, academic research,
and future market expansion.
20% of raised DAT Tokens will be allocated to DAT core developers, founders and
advisors with sales restrictions spread monthly over 2 years as incentive to
ensure long term alignments of interest and commitments towards the future
value of the tokens.

Buy the DAT token on Huobi, KuCoin, OKEx and/or download the app here and start earning.

Disclaimer: Investing in cryptocurrencies is risky. Do your own research before investing. Refer to their website and read their whitepaper. This article was created in exchange for a potential token reward through Bounty0x. I shall not be held liable to any losses( or profits) in your crypto investment.

Bounty0x username: @srisankethu

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