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

Multichain

Tokes is a digital token and blockchain development project focused on supply chain management and payment solutions for the legal cannabis industry and beyond

Michael Wagner, CFA

Written by

Multichain

Tokes is a digital token and blockchain development project focused on supply chain management and payment solutions for the legal cannabis industry and beyond

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