What is AKT
Tokens
Akash Network (AKT)
Akash Network, known as the 'airbnb for cloud compute,' provides a fast, efficient and low-cost application deployment solution.
I. Token Information
1) Basic Information
Token name: Akash Network (AKT)
Total supply: 388,539,008
Tokens in Circulation：113,861,304.12 AKT
TGE Date: Sep 25, 2020
Price for early investors:
Seed Sale A1
Number of tokens: 8,333,333.33
Date(s): Dec 2017
Price: 0.075
Lock up: 24 months
Seed Sale A2
Number of tokens: 4,094,180.00
Date(s): Dec 2017
Price: 0.15
Lock up: 24 months
Seed Sale A3
Number of tokens: 252,814.44
Date(s): March 2018
Price: 0.18
Lock up: 24 months
Seed Sale B1
Number of tokens: 1,450,956.81
Date(s): April 2018
Price: 0.21
Lock up: 24 months
Private Sale
Number of tokens: 18,000,000
Date(s): 2019-2020
Price: 0.15
Lock up: 24 months
2) Token Distribution and Token Release Schedule:
| Party |
% of the total |
Token Release Schedule |
| Users and early supporters |
30.000% |
1000 days lockdrop participants have 7 months linear vesting with 10% initial allocation and other participants have 15 months vesting with 10% initial allocation after the launch. |
| Crowdloan users |
20.000% |
22 months linear vesting with 10% initial allocation. |
| Parachain auctions reserve |
5.000% |
locked for 22 months |
| Protocol developments |
10.000% |
Multi-sig wallet controlled by team |
| On-Chain DAO |
5.000% |
Multi-sig wallet controlled by team |
| Marketing |
5.000% |
Multi-sig wallet controlled by team |
| Early Financial backers |
10.000% |
7 months vesting with 10% initial allocation. |
| Team |
5.000% |
2 years lock and 3 years vesting with 0% initial allocation |
| Foundation |
10.000% |
Multi-sig wallet controlled by team |
| Total |
100.00% |
/ |
II. Related Links
Official Website: akash.network
Whitepaper Link: https://ipfs.io/ipfs/QmVwsi5kTrg7UcUEGi5UfdheVLBWoHjze2pHy4tLqYvLYv
Blockchain explorer Links: https://akash.bigdipper.live/
Twitter: https://twitter.com/akashnet_
Reddit: https://www.reddit.com/r/akashnetwork/
Instagram: https://www.instagram.com/akash.network/
Telegram: https://t.me/AkashNW
Youtube: https://www.youtube.com/c/AkashNetwork/featured
Note: The project introduction comes from the materials published or provided by the official project team, which is for reference only and does not constitute investment advice. HTX does not take responsibility for any resulting direct or indirect losses.
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