Darwinia

11 Staking Interest
Project Details

Ticker:

RING


Category:

Interoperability


Description:

A decentralized heterogeneous cross-chain bridge protocol developed using Substrate, focusing on decentralized cross-chain token swap, exchange, and market.


Profile Completion:
(% of auctions metrics completed)

13 %


Ecosystem




Discord Link:

Not applicable




Auction Token Metrics

PCL Token Allocation:
(% of total supply allocated for crowdloan)

To be determined


Circulating Supply:
(at time of parachain launch)

To be determined


Total Supply:

2,000,000,000


Listed Price:

$ 0.03190254


Auction Reward:
(No. of tokens allocated for parachain crowdloan)

To be determined


Reward Vesting Schedule:
(months)

To be determined


Initial Reward Release:
(at time of parachain launch)

To be determined


Initial Reward/ Circ.Supply:
(initial reward release as % of circulating supply)

To be determined


Leasing Period:
(months)

To be determined


PCL Reward Details:

Currently it is anticipated that the treasury will provide the PCL participation incentives. Specific detail are yet to be determined


Token Distribution

Token Distribution:

30% - Financing (600,000,000 RING)
20% - Foundation (400,000,000 RING)
15% - Team (300,000,000 RING)
15% - Business Development and Marketing (300,000,000 RING)
20% - Community (400,000,000 RING)

Foundation tokens vest for 5 year period from mainnet launch. Team tokens vest after 1 year of mainnet launch for a vesting period of 1 year.


Private Sale Blended Price:

$ 0.005


Private Sale Detail:

Seed price: $0.005
Seed raise: $1,000,000 USD
Seed valuation: $10,000,000 USD
Tokens sold: 200,000,000 RING (10%)
Vesting of private and seed sale tokens to be advised.
20% (400,000,000 RING) allocated under Financing are yet to be sold.


Sub-Ecosystem

Ecosystem Partnerships:

7



Landscape

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