Token Burn Schedule, Official end to Distribution

We are sure most of you out there have been anxious and even bored waiting for the latest project updates to come out — for distribution to end .

We are happy to announce that the end of distribution is finally here, and we have a schedule for the token burn.

As for the token burning schedule, it will go as follows:

Total amount of SAT to be burned: 529,236,531.8247911 SAT

9 OCT 2018 Burn Date 1: 132,309,132.9561978 SAT

16 OCT 2018 Burn Date 2: 396,927,398.8685933 SAT.

UPDATE: Due to demand from our contributors, we have decided to speed up the burning schedule.

On 16 OCT 2018, the rest of unsold tokens will be burned.

We will burn 396,927,399.8685933 SAT.

On Distribution:

Amount of token sold: 108,744,107 SAT

Amount Raised: $2,102,187 USD

Total SAT in circulation as of today: 127,012,163.1752089 SAT

Total Supply at the end of burn: 470,763,468.1752089 SAT

Additional updates:

The official web version for the app is now live.

Please visit https://sphere.social/ to sign up.

Distribution for referral users has officially ended as of today. The decision is final.

Contributors that have not requested their tokens are still free to transfer their tokens. Please notify us by email at hello@sphere.social and we will assist.