Adventure Token / Luna Fund Circulating Supply

Adventure Token started with 101 Million tokens, 94% of those have now either already been burnt or are locked for 2 years and will be burnt on release.

So, the really important number is our 5.9 Million circulating supply — No more tokens will ever enter the supply now, that’s it, it’s that simple. These 5.9 Million tokens will further reduce at a burn rate of 1% of the transactional value for each transaction conducted.

The History of Adventure Token Supply

Deflationary Tokenomics

Adventure Token is programmed to be deflationary. Every time Adventure Token is purchased, sold or transferred between wallets 1% of the total transaction value is burnt, meaning that with every trade Adventure Token becomes scarcer.

Beginning Supply

Adventure Token started out with a total supply of 101 Million tokens to allow the team to adjust to conditions during the launch and ongoing demands of the market.

• 55 Million were set aside for community purchase
• 16 Million for marketing and development
• 30 Million are locked for 2 years and will be burnt on release.

Adventure Token Burn Events

After the success of the project launch the team burnt 45 Million Adventure Tokens. The token burn took place on Nov-29–2020. 30 Million Adventure Tokens were burned from the undistributed community wallet and 15 Million Adventure Tokens were burned from the marketing and development wallet. On Dec-01–2020 a further 20 Million Adventure Tokens were burnt.

🔥 Burn 1- 30 Million Tokens Nov-29–2020
🔥 Burn 2- 15 Million Tokens Nov-29–2020
🔥 Burn 3- 20 Million Tokens Dec-01–2020
🔥 Burn 4- 30 Million Tokens Nov-22–2022

Total Adventure Token burn 95 Million

This is entirely verifiable on the Ethereum blockchain so you do not have to rely on our figures.

30 Million tokens were burnt from the community fund on Nov-29–2020. As you can see even as the tokens were being destroyed the 1% burn mechanism still captured its share.

15 Million tokens were burnt from the marketing and development fund on Nov-29–2020. As you can see even as the tokens were being destroyed the 1% burn mechanism still captured its share.

20 Million tokens were burnt from the marketing and development fund on Dec-1–2020. As you can see even as the tokens were being destroyed the 1% burn mechanism still captured its share.

Rationale for Burn 4 — The locked 30 Million Tokens

30 Million Adventure Tokens are locked in a wallet by the smart contract for 2 years until Nov-22–2022. These tokens were earmarked for future marketing and development tokens which now can be provided for by the remaining marketing and development tokens — this is the rationale for burning these tokens. This is based on a calculation of future token growth influenced by this new 5.9 Million circulating supply Tokenomics.

5.9 Million Tokens is the Circulating Supply

In summary, the crucial consideration is that we have 5.9 Million Tokens in circulating supply. With the constant 1% transaction burn this will put positive deflationary pressure on supply, and the circulating supply will decrease in perpetuity.

The Adventure Token price is $0.26 at the time of writing. With a 5.9 Million circulating supply the
Market Cap is $1,534,000.

🔘TWA — Adventure Token Website
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