Eidoo in Numbers: Circulating Supply and more
Note: This article has been updated on April 3rd, 2018.
A few days ago, the circulating supply of EDO, the Eidoo’s token has been changed on the Coinmarketcap website.
This post wants to clarify the correct numbers of our tokens, regarding total supply, locked tokens, and circulating supply.
This is due to Coinmarketcap data which was not accurate on the matter.
EDO Correct data
The correct data, that you can verify yourself by checking the details below, follow:
- EDO total supply: 90,208,327.585307449137911911 EDO
- EDO locked tokens: 49,070,000 EDO
- EDO circulating supply: 41,138,327.585307449137911911 EDO
The EDO circulating supply can be verified here on Github, where you can also find a complete list of early investors addresses.
EDO Total supply
We sold 10'708'403 EDO during the ICO, so we burned the unsold 9'291'597 EDO as the ICO hard cap was 20'000'000.
20'000'000–10'708'403 = 9'291'597 EDO already burned
100'000'000 was the original total supply without any burning, so
100'000'000–9'291'597 =90'708'403 EDO
But, as you can see on Etherscan, the total supply is now 90,208,327.585307449137911911 EDO because we destroyed 500k tokens because of the ICOs we organized through our ICO Engine as you can read here.
Also, there are about 80 EDO tokens missing.
We don’t have an explanation for this, but we think that they’ve been burned by someone not related to the Eidoo team, as we didn’t destroyed anything except the unsold tokens from the ICO, and the 500k tokens as written above.
However, it is actually possible for people to burn their tokens anytime.
EDO Locked Tokens
As explained in the Ethereum Funding Informative Prospect you can read here, a quite relevant amount of tokens, currently 49,070,000 EDO tokens.
The following table can be found on page 13 of the Ethereum Funding Informative Prospect.
EDO Circulating supply
The EDO Circulating supply is currently 41,138,327.585307449137911911 EDO tokens.
This change is due to the fact that early-investors tokens are unlocked progressively in 9 months.
Also, we unlocked 6 M EDO tokens of the lot that was locked for 3 months, as explained in the table above.
From this amount of tokens, we used 2M EDO tokens to pay the BitcoinTalk bounty.
These payments are still ongoing and are made from the following address: 0x000133f715EADC32492fC5454A70E396B6bC4d33
