IRIS Network ICO Review
Top ICO expert opinion
ROI since Private/Pre-sale
Team fromHong Kong S.A.R.
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.