Yesterday a QPU3 (Quarterly Project Update) was published. One of the important issues highlighted in the report is token metrics.
It is in effect an update to the Aergo token metrics since the last QPU that was released in Q2 2019. Over the past two quarters a total number of 48,721,104 Aergo extra tokens were released. This was in line with our stated 2019 execution strategy. The current circulating supply (as of the date of this QPU) is 155,138,095. This represents 31.0% of total supply. To date a total of 34,957,694 of the Aergo Platform Token Reserve (ATPR) have been released (16% of total). This leaves a total of 187,769,706 tokens left for the running the Aergo Platform longer term (38% of total supply).
Full metrics and vesting schedules for Aergo token holders can be reviewed here. Occasionally, these metrics are rebalanced to suit both the immediate and long-term nature of the project. A summary of the Aergo token split follows.
Aergo has 500,000,000 Total token supply.
These tokens can be divided into 4 groups:
- Tokens sold in private token sale, including discounts – 135,392,289 (27.1% of supply);
- Ecosystem Incentives for developers, community, partners, businesses working on Aergo – 161,207,844 (32.2% of supply);
- Reserve for future dApps, partners, business development, foundation & marketing/PR – 120,819,434 (24.2% of supply);
- Team Tokens for advisors, team building, Blocko, testing, deploying & operating Aergo – 82,580,433 (16.5% of supply)
A summary of the latest Aergo token circulating supply (as of 18/10/2019) is as follows:
- Tokens already released to Aergo private Token Sale participants – 64,494,785 (12.9% of supply);
- Tokens already released as part of various Ecosystem development initiatives – 16,488,700 (3.3% of supply);
- Tokens already released from the Aergo Reserve pool – 48,713,641 (9.7% of supply);
- Tokens already released to Team: advisors, key backers, foundation, Blocko, marketing/PR – 25,440,969 (5.1% of supply)
Total circulating supply – 155,138,095 (31.0% of supply).
A summary of the future estimated Aergo token circulating supply (over the next five years) is as follows:
- Estimated number of tokens to be in circulation by the end of 2019 – 248,235,086 (49.6% of supply);
- Estimated number of tokens to be in circulation by the end of 2020 – 314,897,015 (62.9% of supply);
- Estimated number of tokens to be in circulation by the end of 2021 – 385,897,015 (77.1% of supply);
- Estimated number of tokens to be in circulation by the end of 2022 – 430,000,000 (86.0% of supply);
- Estimated number of tokens to be in circulation by the end of 2023 – 450,000,000 (90.0% of supply).