Note: before rushing on the "comment" button, please consider that I am talking about Initial Supply (not Total Supply) & that I've done my homework (digged in the website, FAQ, blog, whitepaper, twitter posts, bitcointalk, etc) so please do read my post entirely before commenting.
Methodoly: in order to find the Initial Supply, I searched for the Total Supply, the crowdsale distribution & lockups/vestings.
The blog post about the details of the Zilliqa Token Generation Event says:
Zilliqa has a finite supply of 21 billion tokens, of which 60% will be in existence at the TGE.
Total Supply: 21,000,000,000
Pre-mined: 60%
Remaining to mine: 40%
Group 1: Mining Rewards
Zilliqa will incentivize miners to grow the network using 40% of the total tokens (8.4 billion). These tokens will not be generated during the TGE, but will be created by miners as part of the mining process over the next 10 years.
[...]
Group 2: Early & Community Contributions
A maximum of 30% of the tokens (6.3 billion) will be distributed to our early and community contributors after the TGE. Any excess tokens unallocated to any contributor after the TGE will be burned
[...]
Group 3: Company, Team, Agencies
The remaining 30% of the tokens (6.3 billion) will be allocated to various parties as detailed below:
- 10% (2.1 billion) goes to Anquan, which will continue to support the Zilliqa project.
- 12% (2.52 billion) goes to Zilliqa Research, a new entity leading the research, development, community engagement, bounty programs and marketing for Zilliqa.
- 5% (1.05 billion) goes to the Zilliqa team, including founding members as well as future employees (Edited for clarification).
- 3% (0.63 billion) goes to various agencies and advisors, including Bitcoin Suisse.
The tokens in Group 3 are under a vesting plan. They will be distributed on a quarterly basis over a 3-year period. The portion allocated to Bitcoin Suisse is an exception due to our commercial agreement with them.
The above in a nutshell:
- 40% Mining Rewards - none of which is created when the other tokens are first distributed
- 30% Early & Community Contributions - no lockup/vesting
- 10% Anquan - vested quarterly over 3 years
- 12% Research, Development, Community Engagement, Bounty Programs and Marketing - vested quarterly over 3 years
- 5% Team - vested quarterly over 3 years
- 3% Agencies & Advisors, including Bitcoin Suisse - vested quarterly over 3 years, except the Bitcoin Suisse allocation
Questions:
1/ The only allocations that are vested/locked have this "quarterly vesting over 3 years" schedule, are the first tokens vested straight after the TGE (and then quarterly) or only after one quarter?
2/ What percentage of the "3% Agencies & Advisors" allocation did Bitcoin Suisse get?
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