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Derek-

Is there a list of VCs/companies that backed Elrond and

what was their compensation?

I see on the website that Binance Labs, Electric Capital, NGC, Maven Capital and Woodstock is listed. Anyone else? Were they compensated in tokens?

#blockchain #cryptocurrency #elrond #english
0

4 ответов

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Pa⃨w⃨s⃨ -⃨ I WILL NOT DM/CALL-

Some of them invested in the private sale. https://www.bloomberg.com/press-releases/2019-06-19/elrond-secures-1-9-million-in-private-funding-round The network has been bootstrapped, Elrond only had an initial investment of $5 million between private an public sale. Have a read through the tokenomics Max after 10 years is 31.4 million, but this number will never be hit, there is an issuance model in place. You can read about it in the tokenomics paper, the more transactions on the network the less the issuance will be https://elrond.com/blog/the-wealth-of-crypto-networks-elrond-economics-paper/ We are in year 2 on the tokenomics charts found in the link above. It runs from September, which is when the tokens swapped from ERD Here you can see the token release schedule, which combined gives you the max supply https://docs.google.com/spreadsheets/d/17O63aFdf-AVWBaKqRG994l6hzE3v8RnlpiowE1D4foM/edit#gid=2017602328

0
20.06.2022
braskoverse-
Pa⃨w⃨s⃨ -⃨ I WILL NOT DM/CALL
Some of them invested in the private sale. https:...

Thanks for this. However, I wasn't able to access the goog doc on token release schedule. Does that schedule show unlocking periods of partners and teams? If not, where can I see the unlocking periods?

0
20.06.2022

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