I have a question about the token distribution.. What is it allocation?
Hello!
The total amount of tokens to be emitted is 200,000,000 SGO. 89.5% of tokens will be emitted
on the Token Generation Event, which will take place no later than 7 business days after the
ICO.
Emission of the remaining 10.5% tokens will last for more than 140 years and is strictly limited
by Ethereum smart contract. For emission of 10.5% tokens we inherit the Bitcoin generation
formula. During the first four years, the smart contract will generate 50% of all tokens. During
the next four years, it will be half of the remaining 50% of the tokens (25% from the initial
amount). During the third four-year period it will be half of the remaining 25% of the tokens
(12.5% from the initial amount), … and so on until at least 1 token exists. The goal is to secure a
specific amount of tokens that will be sold on the Auction inside Selfie GO.
If some tokens available for presale will not be sold during the Presale stage, they will be
transferred to ICO stage. All unsold tokens during the ICO stage will be destroyed, and the
stated token generation distribution will be obeyed.
You can find more info about Token Distribution here
https://ico.selfie-go.com/Selfie%20GO%20-%20Whitepaper_EN.pdf
