For the attention of: NULS Community
As part of our ongoing commitment to full disclosure and transparency as an open-source project, we would like to share the following information with you:
The NULS main-net wallet addresses for community and business funding.
In the short 9 months since NULS was established, 100,000 lines of code have been written, 15 people were hired in the core technical team, and 11 rounds of test-net were carried out. Main-net launched successfully at 12:00 noon (Beijing time) on July 11th, 2018 and token swap was initiated.
Now, we are in a position to share with you, the NULS main-net funding wallet addresses.
Token Swap Address 1:
Token Swap Address 2:
NULS Token Distribution Mechanism
(see whitepaper for more details)
The initial offering of NULS tokens was 100m, and these tokens are divided into four funding categories:
1. Token Swap
40% (40 million) tokens airdropped to owners of the ERC20 placeholder tokens.
2. Team Funding
20% of the total tokens (20 Million NULS) will be used for paychecks, marketing, operating costs, consulting, etc. Once main-net, these tokens will be unlocked at the rate of 5% (1 Million NULS) per month over the course of 20 months.
3. Community Funding
20% of the tokens (20 million) will be allocated for building the community. No more than 4 million tokens will ever be used per year.
4. Business Cooperation
20% of the tokens (20 million) will be allocated for business partnerships and to support high quality NULS-based third party projects.
All tokens dedicated to team, community and business funding is open to supervision by the community.
For real-time access, see the NULS Blockchain Explorer: (http://explorer.nuls.io/cashAccount)
If you have any questions and/or suggestions, please contact our team through WeChat (nulsio or nulsio2).
Thanks for your continued support!
Your NULS Team
19th July, 2018