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.
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.
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:
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.
The 80 million PRI tokens will be allocated as follows:
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.
The Privateum Global Team
Welcome to the future of finance, where control meets convenience – introducing the Privateum Private Wallet. More than just a secure vault for your digital assets, Privateum is a versatile platform designed for the modern-day investor.
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