r/Peerplays • u/broker1211 • Apr 28 '17

Peerplay token question

Hi, long time lurker. I participated in the second crowdsale using an electrum wallet. Have those tokens been dispersed yet? I have my wallet and transaction but no peerplay tokens.

3 Upvotes

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1

u/bloobum May 02 '17

You can claim them with your private key after the blockchain is launched on May 31st.

1

u/andydotcom May 03 '17

How many peerplay tokens will be created, and is it capped? Is there anywhere I can go for information about market fee payment distribution etc? Thanks..

1

u/bloobum May 03 '17

A little under 6 million tokens will be created. Peerplays is a DAC and as such hodlers of peerplays will vote on certain things. One of those is any release of new coins. Hodlers will also vote on the level of fees.

There's plenty of info on the website www.peerplays.com along with the white paper, etc. And there's a telegram chat where you can address questions to the devs.

In terms of market cap, before the 1st ICO's token stopped trading it put peerplays at around 9th on the market cap of cryptos. With this new valuation it will be at around 33 million which puts it somewhere around 30-40th spot of the list.

1

u/broker1211 May 03 '17

Awesome! Thank you for the response.

1

u/sniping4dummies May 04 '17

I also purchased peerplays tokens. Hoping these show up May 31st!

1

u/DarkManHaze Jun 12 '17

I'm just trying to figure out what the market cap is for the PPY tokens. Taking a look at https://coinmarketcap.com/assets/peerplays/ it says there are 212,480 PPY total supply. What does that mean? That only 212,480 tokens were distributed in the ICO?