Populous ICO analysis

Analysis of the Populous platform token (PPT) ICO which sold out during its Per-ICO phase.

Basics:

• Main site: http://populous.co/
• 53,252,246 tokens total
• 1 PPT = 0.0011 ETH
• 36,000,000 tokens for the crowdsale
• 39,600 total ETH from the ICO to be raised (total figure is less due to bonuses)

Contract Addresses:

There was 4 main contracts listed on the site with, each with a bonus:

20% Bonus for deposits over 107 ETH
0xE4F4C979738F84d9DCd204E94a94750608dFD184

10% Bonus for deposits over 53.47 ETH
0x575A9368ccBC951986BB25412876be1a3218c883

5% Bonus for deposits over 26.74 ETH
0xf2FD0C1eb5a2989E32CE929276463164410796B4

2% Bonus for deposits over 5 ETH
0x97ee19d8c8b2d607Af236D8BEDdF9F45ACa99585

Note: Bonusing did not accumulate
i.e. 30ETH sent to the 2% contract will not be entitled to a 5% bonus

There was a 5th contract address listed on the ICO page, which we include in the figures, but have no information about it.

0xC994f8c4dD69742a1707386A2A6Cb5723F497b53

Analysis

33619.74 ETH is the Total amount raised during the ICO; at the current price ($304) $10,220,400 total raised.

Total ETH Per Contract Address

Note: Figure have been rounded slightly. Address 0x97ee.. has 5 ETH more than listed in these figures due to an internal transaction.

Contract 20% bonus got the highest amount of funds,
followed by the 2% contract.

Here are the number of valid transactions per contract:

Number of Valid non-error transaction per contract with a ETH value > 0

Whilst the total value of the 20% contract is almost 4 times the total value of the 2% , the number of transactions on the 2% 6.5 times that of 20%.

How many unique wallets were seen during the ICO:

Number of Unique Users who participated in the ICO

Lets see what the value of the pre-ICO looked like over time:

Total ETH in all contracts over time (No transaction errors or values of 0)

How does that look per contract?

Total ETH Per Contract over time

Looks like the contact not associated with bonusing (0xC994f8c4d….)still received 5 valid transactions after transactions on the bonus contracts started to get rejected.

Unsure if these are valid or not.

The Last Transaction to make it into pre-ICO was:

Last Lucky deposit

Going Whaling

Lets see if there are any whales about.

Here is a list of the top total transactions from the same wallet address with deposits over 300 ETH.

When did the whales get in?

Transactions of addresses with total investments => 300 ETH, split per hour.

It appears that some of the whales went for many smaller transactions, and a few doing one off large deposits.

Most active periods:

Number of valid Transactions per hour

Seems that the most active period was around midnight on June 24th.

What does the Error rate look like?

Valid Transactions in Green / Error Transactions in Red

That breaks down into 1,234 Valid transactions, 491 Errors.
Excluding values of 0 and including transactions after the ICO closed

Value of valid / failed transactions over time

There was several large transactions that caused errors:

How much gas was used in the transactions

Average Gas over time

Average gas used per Contract per 3 hours periods

There was instructions on the ICO to use “0xe8b5e51f” in the data field when sending a transactions, here are the number of transactions that include it

Here is the same chart split on transaction errors:

Green Valid transactions / Red invalid

Finally, whats an analysis without a token word cloud

Most common transaction value