ASSEMBLE Token Metrics
The overall ASM issuance amounted to 1,500,000,000 tokens!
The ASSEMBLE protocol is a blockchain-based global point integration platform that exploits ASM utility tokens, whilst establishing a business ecosystem that can integrate, utilize existing points and miles with point providers, consumers and retailers.
Greetings to the ASSEMBLE community members! In today’s post we will briefly review the token issuance plan for the ASSEMBLE Protocol. You can see the primary motivation behind the public sale of ASM tokens through an ICO. Overall, the total issuance of ASM tokens is around 1,500,000,000 and 25% of it has been sold via ICO. The usage plans are explained in the pie-charts shown below. Check it out!
ASM Token Issuance Plan
Ticker: ASM
Token type: ERC-20
Total Supply: 1,500,000,000 ASM
The total issuance of ASM is 1,500,000,000 and 25% of it (375,000,000) has been sold through ICO.
Use of Proceeds
Once the fundraising is finalized, the funds will be distributed and used in the manner displayed below. If a goal is not achieved, the initial distribution plan will be revised and the fund operation will be adjusted accordingly with a priority on project development.
Use of Platform Revenue
Profits made from ASSEMBLE will be used for technical support, promotion, ASSEMBLE operations, and financial management. It will also be used in order to conduct a buyback policy to stabilize the value of ASM.
