Announcing Unreleased NAS Locking Addresses

In order to promote the transparency, standardization and communitization of project assets governance, Nebulas team hereby publish the locking addresses of unreleased NAS (amount to 55,000,000 NAS) and the Nebulas mainnet DPoS account address. We are willing to accept the supervision of the community.

Unreleased NAS

According to the Nebulas Whitepaper, the total initial amount of NAS is 100,000,000. The current circulating amount is 45,000,000 NAS (45% of total amount). The unreleased NAS includes the following two parts:

1. NAS Reserved for the Nebulas Team

Amount: 20,000,000 NAS

Proportion: 20% of total initial amount

Unlock Schedule: Not earlier than June 23, 2019(UTC+8)

Unlock Method: The NAS reserved for Nebulas founders will be gradually unlocked over the course of 10 years. The NAS reserved for the other Nebulas team members will be gradually unlocked over the course of 3 years.

Supplementary Explanation: The one-year delay is to ensure the realization of the long-term vision of the Nebulas. The specific unlock time will be publicly disclosed at least one month in advance.

You can check this in the following addresses: n1YuDetHCjhzynuEJnPjQZBeVcbEh1ufrAg n1ZbXBzCqmSRsidsD27RL2qcJa4DdwghX5t n1X3imkL6ZtHYJvHZdTuhBAGafYCj6cqnY6 n1VjCXwMdKisAzpCoGCPEWW23c8xoFcCaYE

2. NAS Reserved for Community Ecosystem

Amount: 35,000,000 NAS

Proportion: 35% of total initial amount

Unlock Schedule: Not earlier than June 23, 2019(UTC+8)

Unlock Method: The unlock will occur gradually in accordance with the development of Nebulas community ecosystem later.

Supplementary Explanation: The specific unlock time will be publicly disclosed in advance.

You can check this in the following addresses: n1TjEVnZ78QQTqCiZLtoqfvuZVJjTRcFHnh n1VY4PBGCC4iFRKKLTGwYkt3sWRjvsBCYoK n1TvofXcxE6tCiSZgWTTfeEv6ptcjEWV4NJ n1QuydnXjEmFpvJ5MgzGVwbDZz1sxavZB8X n1cEbPWr27ssqxh8AB8o1Z7mDwbtcHQgUCz n1XpXbCpLU4WKqVudntVtkkn5HyrfEPP9sb n1VNXoyH2fVywLtKZUEqTfJkFJEtdzcLGBu

Bookkeeping Rewards From Temporary Consensus (DPoS)

Income: 8,219.1744 NAS daily

Time of Duration: Commenced on March 30, 2018, the date that mainnet was officially launched, until Proof of Devotion (PoD) mechanism is officially launched.

Supplementary Explanation: Before Proof of Devotion (PoD), the consensus mechanism originally invented by Nebulas, is officially launched, the Nebulas mainnet is employing Delegated Proof of Stake (DPoS) as a transition consensus mechanism. Nebulas has set up a Nebulas Incentive Special Fund to manage all the income arising from DPoS bookkeeping. Such income will be only used to motivate the developers and contributors of Nebulas community ecosystem and will not be sold on any exchangers. We will publish the announcement to the community before using these funds.

You can check this in the following address: n1cwsE8w4m6cRkr14R5c4hK3Lb9wPsUHhY9

Here is the old address (abandoned): n1dZZnqKGEkb1LHYsZRei1CH6DunTio1j1q

Remark:

1. Nebulas Incentive Program (Season 1), which ended on July 18, 2018, distributed a total of 491,436.196139 NAS rewards. According to the Incentive Program, the part used to motivate developers and referrals (455.639 NAS) was allocated from Nebulas Incentive Special Fund. All 455.639 NAS have been transferred from the DPoS address. The rest rewards are super-contributor reward (35,797.196139 NAS), which was allocated from Nebulas Community Development Fund as planned, not within the token to be transferred from the DPoS address.

2. Nebulas mainnet was upgraded in August 2018, and the DPoS address was updated simultaneously.

The Team reserves the right to explain and amend any of the foregoing.

Nebulas Team

September 2018


Learn more about Nebulas:

Official website: Nebulas.io
Github: github.com/nebulasio/go-nebulas
Slack: nebulasio.herokuapp.com
Telegram(EN): t.me/nebulasio
Twitter: @nebulasio