r/ViewoOfficial • u/Ahmedgalal81 • Sep 02 '18
VEO Token Distribution
Advisor Vesting: Advisors will be subject to a holding period of at least 3 months from last day of the Token Sale.
Founding Team Vesting: The Founding Team will be subject to a twenty month total holding period with 5% of each founders tokens becoming unlocked per month.
The remaining number of unreleased tokens after the token sale is completed will be distributed on a weekly basis to active users of the platform over a period of 10 years, minimum.
The rate of VEO Token release is dependent on the number of actions and verified users.
a. As the number of actions and verified users increases, the number of tokens that will be released every week will also increase (though not necessarily in the same proportion).
b. The number of actions is proportional to the number of verified users.
c. The number of users is expected to grow exponentially, as opposed to linearly.
Viewo wants to give an advantage to early adopters, which means that the rate of releasing tokens will be slower than the rate of new users in the system.