300 million ARA tokens issued

Aurora klay(ARA) project
2 min readMar 11, 2023

From 100million ARA, 300million ARA change

purpose:
The team aims to raise funds to cover development costs, listing on the central exchange, and collaborating with other projects.

IDO started with a total issuance of 100 million and set up a token distribution plan, and the initial project was carried out with a distribution plan of 54% to the ecosystem, 19% to partners, 15% to the reserve, and 12% team.

Total issue 100 million
Despite this, because the project asset value was not normally reflected for 7 months after launch,
The team realizes that it is not enough assets to utilize only the tokens it has to cover development costs, listing on the central exchange, and collaborating with other projects.

💠So, in order to resolve this imbalance before being listed on a centralized exchange in the future, we are announcing that the total issuance has been changed to 300 million.

Tx Hash: 0xdfc7912e937b55bb5d704dc5f7dff53c7502347bddcdf3fe48bbcaca5d7a5724

issue quantity: 195,000,000ARA

Status: Success

Block Height: #116617395

Time Stemp: Mar 11, 2023, 18:37:40 GMT+9

Additional explanation of the changed distribution standard
Ecosystem: Same as before
Distribution to partners: Additional partnerships with new partners open
Reserve: Used when listing on the Central Exchange
Project: Used for attracting investment such as trust when the business size grows

We know what you’re concerned about,

we also have a sense of responsibility and I am renovating my own money.

As time goes by, the number of tokens distributed to the holders who entered first increases according to the time of entry.
This is fairness.

Token movement is impossible without logging
record the usage
We know we need to do thorough transaction management.
We will maintain transparency

also
Project continuity is the team’s finances and multi-user expansion. In other words, users and project organizers must become one team.

Whereby
I think we can reach the goal of completing tokenomics.

It would be excessive concern that the market price will fall due to the increase in issuance.

We will try to secure a wide range of users through future project updates.

thank you

https://xangle.io/

♻Project Guide

💎[ARA_BUY]

➡DEX_

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➡CEX_

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💎[aurora klay official site]

Website : auroracorp.io/
telegram chat :
t.me/Aurora_Channel_KR

Twitter: https://twitter.com/Auroraklay_ARA

medium: https://medium.com/@Auroraklay_ARA

Opensea: https://opensea.io/collection/aurora-princess-nft

💎Add token to wallet:

Auroraklay ARA token is issued by klaytn network (KCT)

Custom Token

✔ARA Contract :

0x15fb4a7408f63defc599ac364d824a5044ff2ecd

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Aurora klay(ARA) project

Aurora klay (ARA) is a real economy project that mines ARA tokens when holding 'AuroryNFT' and receives discounts when using small business partners.