Token supply, distribution, and release schedule
Total supply is one of the most important token metrics. Another important metric is the circulating supply which provides information on how many tokens are in active circulation, which depends on the distribution schedule of the created tokens. With a known and transparent release schedule, some of the disturbances caused by changes in the supply stated by Keynes (Keynes, 2016) can be managed effectively.
The initial and max supply of 3air tokens will be 830,000,000. The initial 3air supply is also its final supply. No more 3air tokens will ever be minted.
All tokens will be pre-minted, and token vesting governed by smart contracts. It removes the need for trust and highlights the blockchain’s trustless characteristics. Once the initial token distribution is complete, 3air will not have the right to alter token releases or manipulate token pools.
Initial distribution and token vesting
Table 2 3air initial token distribution and vesting
| #tokens | % | vesting | |
|---|---|---|---|
| Total | 830,000,000 | 100% | |
| Presale | 100,000,000 | 12,049% | multiple vestings |
| Team | 80,000,000 | 9.638% | linear for 12 months starting 12 months after listing |
| Advisors | 50,000,000 | 6.024% | linear for 12 months starting 10 months after listing |
| Marketing | 50,000,000 | 6.024% | 5% per month starting 5 months after listing |
| Strategic partnerships | 50,000,000 | 6.024% | 5,56% per month starting 6 months after listing |
| Ecosystem | 350,000,000 | 42.169% | 4% per month, starting 1 month after listing |
| Liquidity | 50,000,000 | 6.024% | 100% on listing with 3y liqudity lock |
| Farming/staking | 100,000,000 | 12.048% | 2.5% per month starting 1 months after listing |
To ensure broad distribution of the 3 air tokens, there is a limit of maximum 15M 3air tokens or 1,8% of max token supply per user on private rounds and a limit of 830,000 3air tokens (0.1%) per user in the public sale.
Figure 21 Pie chart: 3air initial token distribution
Seed and private presales
In September 2021, the Seed sale was filled with $100,000 at the price of $0.01 per token.
The private rounds have run back-to-back, raising the floor price.
There have been 100M tokens for sale in Series A, starting in October 2021. Private presale has raised $2,653,000 at the average price of $0.037 per token. Also, we conducted a public presale round with $720,000 raised at the token price of $0.06 per token.
Table 2 Total raise results
| #tokens | % | price | raise | vesting | |
|---|---|---|---|---|---|
| Total | 92,000,000 | 11,085% | $0.0365 | $3,473,000 | |
| Seed sale | 10,000,000 | 1.205% | $0.01 | $100,000 | linear for 18 months starting 6 months after listing |
| Private round | 70,000,000 | 8.434% | $0.0379 | $2,653,000 | linear for 18 months starting 6 months after listing |
| Public presale | 12,000,000 | 1.446% | $0.06 | $720,000 | 10% on listing then linear for 18 months* |
*Average of 2 different vesting schedulles
Current presale and lauchpads
There are 8M 3air tokens still available for presale and will be available for launchpads, planned for September 2022.
Table 3 Current presale and launchpads
| #tokens | % | price | raise | vesting | |
|---|---|---|---|---|---|
| Launchpads | 8,000,000 | 0.964% | $0.065 | $520,000 | 20% on listing then linear for 6 months starting after 1 month |
Initial market capitalization and listing
The circulating market capitalization at listing will be $240,542 at the IDO price of $0.065.
Due to development difficulties caused by the Russian-Ukraine war, the launch of the premium SKALE DEX, Ruby.Exchange has been postponed. Therefore, the team has decided to initially launch the 3air token on the Binance Smart Chain and list it on PancakeSwap. 3air’s initial listing is planned for the 22nd of September, 2022. No soft cap will be required for listing as the currently raised funds already provided the necessary capital for building the 3air platform. You can read more on our BSC launch decision here.
Participation in the TGE is subject to acceptance of the Terms and Conditions for the 3air Public Distribution. Strict KYC and AML procedures will be followed for all seed, private and public sales.