Tokes Platform Transparency Report
Q2 2019 Summary of Distribution Events
Treasury management saw few changes during this quarter. The increase in circulating supply was consistent with previous quarter’s distributions associated with payouts to internal team members working in our development and marketing channels. We continued our efforts with influencer marketing earlier in the quarter, but suppressed those efforts concurrent with notice of delisting from Bittrex. For more on our response to the delisting, please see this Medium post: https://bit.ly/2xG4Zx9
An area to watch in future periods will be the bonus distributions to existing tokes holders, and modifications to tokenomics alluded to in the aforementioned Medium post. There are substantial changes to structuring, utility, and distribution of tokes coming in the next few months, which should bring encouraging results to the project.
A total of 85,025 tokes were distributed this period. 37,100 went to our developers and community managers, 25,000 deployed in a market making effort, and 22,925 were utilized in the social media campaign.
Specific transaction details are now viewable at the tokes custom block explorer:
https://explore.tokesplatform.org
Founders’ Balance: 3P4TDSpFFby1BM6vCN45ZS8HyDEJJK7HTQo
Balance (as of 7/10/2019): 2,311,397
Increase in circulation from Founder’s Share: 0 TKS
Cause: NA
Last transfer from Founder’s Share: 2/17/2018
Last transfer amount: 144 TKS
Working Capital: 3P5WW7ebPaZF5NXDm1ZZYmrbgFm784tsRPw
Balance (as of 7/10/2019) = 757,410
Increase in circulation from Working Capital: 85,025 TKS
Cause: Standard distributions to parties supporting the platform and social media marketing campaign.
Last transfer from Working Capital: 7/6/2019
Last transfer amount: 9,700 TKS
Reserve Addresses: 3PQcRY6iDQ7bm4VvQzJ9nFDUi3x4xAWEw8y
Balance (as of 7/10/2019) = 3,333,334
Increase in circulation from Reserve Address: 0
Cause: NA
Reserve Addresses: 5,000,000 TKS each
3PKL7q3BZNPcYWeonymsviG8HxatuiCRqsA
3P8641f34LBg2yATBDabnLwfunrrTM9v9e6
3PKePGMfVpBVEwaQ4RgLBDGfqwSCMB9qm4Q
3PPhBpLRfeS6UckAza7HQJZABEQxaX7nPbE
3PGhC2pKRj8xPnAczsewSPEj9L5PYf6TpXz
3P7E8SNujfAZCN5t5GnBjN7y6fhT2DxFMpK
3P5WJH57r7osrcUhR4tMyYatzXj415n1P2Q
3PQuYvjVpWxX4djXXXcYpdibHCDZUQjSkCE
Initial Circulating Supply (1/31/2017): 648,309 TKS
Current Circulating Supply: 3,597,859 TKS
Q2 2019 Quarterly Inflation Rate: 0.057% per month (as % of total supply)
Aggregate Inflation Rate (since 1/2017): 0.20% per month (as % of total supply)
Estimated Total distribution at Aggregate Inflation Rate: 39.33 years
(remaining uncirculating supply at Aggregate Inflation Rate)
Q1 2019 Recap
Founders’ Balance: 3P4TDSpFFby1BM6vCN45ZS8HyDEJJK7HTQo
Balance (as of 4/10/2019): 2,311,397
Increase in circulation from Founder’s Share: 0 TKS
Working Capital: 3P5WW7ebPaZF5NXDm1ZZYmrbgFm784tsRPw
Balance (as of 4/10/2019) = 842,435
Increase in circulation from Working Capital: 42,182 TKS
Reserve Addresses: 3PQcRY6iDQ7bm4VvQzJ9nFDUi3x4xAWEw8y
Balance (as of 4/10/2019) = 3,333,334
Increase in circulation from Reserve Address: 0
Q4 2018 Recap
Founders’ Balance: 3P4TDSpFFby1BM6vCN45ZS8HyDEJJK7HTQo
Balance (as of 1/4/2019): 2,311,397
Increase in circulation from Founder’s Share: 0 TKS
Working Capital: 3P5WW7ebPaZF5NXDm1ZZYmrbgFm784tsRPw
Balance (as of 1/4/2019) = 884,617
Increase in circulation from Working Capital: 38,350 TKS
Reserve Addresses: 3PQcRY6iDQ7bm4VvQzJ9nFDUi3x4xAWEw8y
Balance (as of 1/4/2019) = 3,333,334
Increase in circulation from Reserve Address: 0
Q3 2018 Recap
Founders’ Balance: 3P4TDSpFFby1BM6vCN45ZS8HyDEJJK7HTQo
Balance (as of 10/3/2018): 2,311,397
Increase in circulation from Founder’s Share: 0 TKS
Working Capital: 3P5WW7ebPaZF5NXDm1ZZYmrbgFm784tsRPw
Balance (as of 10/3/2018) = 922,967
Increase in circulation from Working Capital: 74,326 TKS
Reserve Addresses: 3PQcRY6iDQ7bm4VvQzJ9nFDUi3x4xAWEw8y
Balance (as of 10/3/2018) = 3,333,334 TKS
Increase in circulation from Reserve Address: 0
