2113
Cryptocurrencies
$ 290.21B
Market Cap
$ 40.06B
24h Volume
55.51%
BTC Dominance
IRIS Network [IRIS]
 
Rank: 219
Coin
Blockchain Service
$ 0.069
Ƀ 0.00000762
Ξ 0.00026

IRIS network aims to establish a technology foundation to facilitate construction of next-generation distributed applications.

IRIS Network ICO Review

Interest

Top ICO expert opinion

Token economics

Private/Pre-sale price

$ 0.08
Lockup: ~6% locked for 6 months followed by 12-month linear release

ROI since Private/Pre-sale

USD: 0.86x  (-13.7%)

Token allocation

Total supply:
2,017,645,575
For sale:
2,000,000,000
(99.13%)
Private/Pre-sale:
500,000,000
(24.78%)

Short review

Team from

Hong Kong S.A.R.

Additional links

About ICO IRIS Network

Locking Terms :

Core Dev (Bianjie): 15%, 300,000,000. Reserved for the Bianjie team, with a four-year vesting period.

Core Dev (Tendermint): 10%, 200,000,000. Reserved for the Tendermint team, with a two-year vesting period.

IRIS Foundation: 15%, 300,000,000. Reserved to support operations of the Foundation, the current plan is to keep yearly spending below 60,000,000. Furthermore, the Foundation is committed to locking this account for the first six months after the mainnet launch.

Cosmos Hub Airdrop: 5%, 100,000,000. Reserved for a special Cosmos Hub airdrop that will be used for staking purpose only.

Private Sale: Initial value is 500,000,000 which is 25%. Private-sale pariticipants have different locking terms: ~6% locked for 6 months followed by 12-month linear release; ~4% locked for 9 months followed by 6-month linear release; ~1% locked for 4 months; 10% locked for 2 months; <2% locked for 1 month; <2% without locking.