QuarkChain first community governance on “whether to accelerate all delayed token by 6 months” has been successfully concluded. According to the community resolution, we will accelerate all delayed token, the specific arrangements are as follows:
Token Release Time: June 18, 2019
Token release involves people: all private sale tokens, foundation, team, marketing and advisor’s token.
Token Release Ratio:
- The left 50% private sale token (890 million QKC). All the private sale token are released till then.
- 25% team and foundation token (750 million QKC) that were delayed and will be released in August and November
- 25% marketing and advisor token (250 million QKC)that were delayed and will be released in August and November
Token Unlocking Method: As usual, we will gradually distribute token to all addresses.
Currently, the locked QKC tokens are kept by the following four addresses. Community supervision is welcomed:
For more information about the token release, please check:
- QuarkChain June Token Release Schedule Announcement: https://quarkchain.io/quarkchain-june-token-release-schedule-announcement/
- Voting on Token Acceleration by 6 Months: https://quarkchain.io/quarkchain-voting-on-token-acceleration-by-6-months/
- Voting Result Announcement: 99.6% Votes Agreed to Unlock All Delayed Tokens In Advance At Once: https://quarkchain.io/quarkchain-token-voting-result-announcement/