Tokes Platform Transparency Report

Multichain News
Apr 11, 2019 · 3 min read

Q1 2019 Summary of Distribution Events

The increase in circulating supply this period was consistent with the previous quarter’s distributions, associated with payouts to internal team members working in our development and marketing channels. Minor distributions were related to a Token Swap Holiday campaign run at the end of 2018. We also engaged a third party entity to assist with marketing efforts in social media channels, with the intent of bringing additional awareness to the project through reviews, interviews, podcasts, and articles, which have started being released over the past two weeks. This campaign is expected to extend out over 8 weeks, at which point we will assess for efficacy and determine the appropriateness of extending the contract.

Of the 42,182 tokes that were distributed, 34,600 went to our developers and community managers, 1,555 in the Token Swap promotion, and 6,027 were utilized in the social media campaign.

Specific transaction details are now viewable at the tokes custom block explorer:

https://explore.tokesplatform.org

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Founders’ Balance: 3P4TDSpFFby1BM6vCN45ZS8HyDEJJK7HTQo

Balance (as of 4/10/2019): 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 4/10/2019) = 842,435

Increase in circulation from Working Capital: 42,182 TKS

Cause: Standard distributions to parties supporting the platform and social media marketing campaign.

Last transfer from Working Capital: 4/3/2019

Last transfer amount: 595 TKS

Reserve Addresses: 3PQcRY6iDQ7bm4VvQzJ9nFDUi3x4xAWEw8y

Balance (as of 4/10/2019) = 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: 3,512,834 TKS

Q1 2019 Quarterly Inflation Rate: 0.028% per month (as % of total supply)

Aggregate Inflation Rate (since 1/2017): 0.21% per month (as % of total supply)

Estimated Total distribution at Aggregate Inflation Rate: 36.89 years

(remaining uncirculated supply at Aggregate Inflation Rate)

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

Q2 2018 Recap

Founders’ Balance: 3P4TDSpFFby1BM6vCN45ZS8HyDEJJK7HTQo

Balance (as of 7/9/2018): 2,311,397

Increase in circulation from Founder’s Share: 0 TKS

Working Capital: 3P5WW7ebPaZF5NXDm1ZZYmrbgFm784tsRPw

Balance (as of 7/9/2018) = 997,293

Increase in circulation from Working Capital: 21,480 TKS

Reserve Addresses: 3PQcRY6iDQ7bm4VvQzJ9nFDUi3x4xAWEw8y

Balance (as of 7/9/2018) = 3,333,334 TKS

Increase in circulation from Reserve Address: 0

Q1 2018 Recap

Founders’ Balance: 3P4TDSpFFby1BM6vCN45ZS8HyDEJJK7HTQo

Balance (as of 4/3/2018): 2,311,397 TKS

Increase in circulation from Founder’s Share: 0 TKS

Working Capital: 3P5WW7ebPaZF5NXDm1ZZYmrbgFm784tsRPw

Balance (as of 4/3/2018) = 1,018,773 TKS

Increase in circulation from Working Capital: 5,282 TKS

Reserve Addresses: 3PQcRY6iDQ7bm4VvQzJ9nFDUi3x4xAWEw8y

Balance (as of 4/3/2018) = 3,333,334 TKS

Increase in circulation from Reserve Address: 0

Tokes Platform

Tokes is a digital token and blockchain development project…

Multichain News

Written by

News and insight from the Multichain ecosystem

Tokes Platform

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

Multichain News

Written by

News and insight from the Multichain ecosystem

Tokes Platform

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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