The Privateum Global Event held in the luxurious setting of Billionaire Dubai on April 26, 2023, was a resounding success, and an exceptional showcase of the project's innovative products and services.
Privateum Global (PRI) Token Metrics: Token Supply, Lock-Up Periods, and Token Distribution
We would like to share with you a comprehensive breakdown of the token metrics for Privateum Global (PRI).
As part of our commitment to transparency, we would like to provide a comprehensive breakdown of how the token supply, lock-up periods, and token distribution are calculated.
Token Supply
The total supply of PRI is 80,000,000, and it will remain fixed. This means that there will be no inflation or new tokens minted. The token is powered by the Binance Smart Chain (BSC) and adheres to the BEP-20 standard.
Circulating Supply
The circulating supply of PRI is calculated as follows:
Circulating supply = Total supply — (team wallets + marketing wallet + blockchain development wallet)
The team wallets will be locked for two years, and their balances are as follows:
- 0x8b283d82df784325dcb53334f95c73a4e1c1bbb — 12,548,000 PRI
- 0x7a29b7883408d6e7c97c2d65ad12eb0efcd10177–7,600,000 PRI
- 0x4f3dcd114a3fde1563acfe9b1172226092a7a67c — 7,400,000 PRI
- 0xeda68e03c55439bcbe64328c81ca48162ca25916–4,000,000 PRI
- 0xd233336e990957277b39ff20d0d8d866b7711512–800,000 PRI
The marketing wallet (0xe6898790707703fce99803de162a2eadcbb96041) contains 10,600,000 PRI, which won’t be locked. However, the heavy marketing is expected as soon as the Marketplace is finally released within the Q3 2023.
The blockchain development wallet (0x9f3f7669e6c4fd5a51c76846c687ddefdbf0ad1b) contains 6,200,000 PRI and will be locked until the end of year 2023.
Using the above formula, the current circulating supply of PRI is as follows:
Circulating supply = 80,000,000 — (800,000 + 4,000,000 + 7,400,000 + 7,600,000 + 12,548,000 + 10,600,000 + 6,200,000) = 30,852,000 PRI
It’s important to note that the balances of the wallets are subject to change within the upper mentioned time frames. If the balances of the wallets change, the circulating supply of PRI will also change accordingly.
Token Distribution
The 80 million PRI tokens will be allocated as follows:
- Team: 30.4 million PRI tokens (38%)
- Development: 23.2 million PRI tokens (29%)
- Marketing: 16 million PRI tokens (16%)
- Angel Investors: 10.4 million PRI tokens (13%)
- Public Sale: 3.2 million PRI tokens (4%)
We hope that this breakdown of the token metrics provides clarity and transparency to our community. We remain committed to providing secure and private transactions for businesses and individuals, and we look forward to your continued support.
Best Regards,
The Privateum Global Team
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Privateum Global, the world's first financial platform owned by its token PRI holders, has successfully completed the CertiK KYC process, a comprehensive evaluation of a project's compliance with KYC regulations to prevent financial crimes such as money laundering and fraud.
Privateum Global, an innovative financial platform that is owned by its token (PRI) holders and based in the Czech Republic, is proud to announce that it has received a legal opinion from Legal Kornet OÜ, confirming that PRI token is in compliance with existing regulations, including those in the Czech Republic.
