nOS Significantly Lowers Hard Cap & Token Supply

We’re flexible when it comes to the things we can control. Today we’re significantly reducing the nOS token supply and hard cap, prior to the Token Sale.

Dean van Dugteren
nOS - Decentralized Curation Platform
3 min readOct 16, 2018

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Our Final Round for the Token Sale Whitelist is still open!

Sign up here before it closes (Deadline: October 22nd).

We take fairness towards our community to heart at nOS.

We know that the people in our community are those who also wish to participate in our token sale, and we want them feel good about doing so.

When it comes to tokens and crypto-currencies, situations change every day.

We recognize that in order for everyone to feel good about their participation, we need to review and adapt to elements that are less under our control.

Therefore, we’re reducing our hard cap and initial circulating supply by ~40%.

More details and token economics below.

Progress

As we move closer to our Token Sale (Register here), we have made a lot of progress in the field of development, ecosystem, and community:

  • We released our codebase and working client when we announced the project 6 months ago.
  • We’re now at version 0.4 of nOS Client, which is full of features for both developers and end-users.
  • We are working together with various partners to integrate their applications and use cases with nOS.
  • We’re close to releasing our new, redesigned website which is made to cater to the mainstream:
  • The developers in our community have released over 60 dApps on our Testnet.
  • We have not granted any discounts our bonuses to our private sale partners, so as to give the participants of our public sale the best possible token economics.
  • We have become a fully regulated and compliant Virtual Token by the laws of Malta. We believe full compliance is extremely important and increases confidence for everyone engaged with nOS.
  • We built a full-stack ICO & STO solution. Any project will be able to launch their own ICO or STO on nOS, and accept multiple crypto-currencies.

Everything we do at nOS is in our effort to build the world’s Mainstream Decentralized Application Ecosystem.

And, as a next step, we’re excited to announce our brand new token economics.

Updated Token Economics

Public Sale Hard Cap

  • Updated to: $10,000,000 USD (~36.51% lower)
    (was previously $15,750,000 USD)

Initial Circulating Supply

  • Lowered by ~31%

Economic Details

Token Sale Supply & Hard Cap Information
Token Vesting Periods for Company & Private Sale Allocations

Conclusion

We’re happy to introduce this new token model as we further build the Virtual Operating System for the Decentralized Internet, together with our community.

You can still register for the nOS Token Sale Final Round here.

Registration closes Monday October 22nd 20:00 CEST!

Our Token Sale Start Date will be announced soon.

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