Name: IRIS Network
SKU: IRIS
Price: 0.030395792081 USD

IRISnet is an interchain service hub for nextgen distributed applications - a BPoS blockchain that is self evolutionary. By incorporating a comprehensive service infrastructure and an enhanced IBC protocol into Cosmos stack, IRISnet enables integration and interoperablity of business services offered by heterogeneous blockchains including public chains as well as consortium chains.

WHITEPAPER

Bianjie Developer Team

IRIS Foundation

Ecosystem Development Fund

Private sale

Cosmos ATOM Holder Airdrop

Tendermint Developer Team

<h2>Locking Terms :</h2>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; &lt;2% locked for 1 month; &lt;2% without locking.

IRIS Network

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

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