This is another look at the distribution of an ICO in the Ethereum space, because I think its important to see the overall trends of how these projects are getting funded so we can draw rational conclusions from evidence, instead of just saying stuff that we feel without any real backing.

What’s TokenCard?

Monolith Studio’s TokenCard is a platform to hold your ERC20 tokens, as well as spend them using a visa debit card. Their whitepaper can be found here. We at The Bitcoin Podcast did a highlight of them a while back (found here). This post is not an evaluation of the platform, but more of a look at the public perception of the platform, and how the TKN digital asset will be distributed amongst the community (initially).

TokenCard ICO contract address: 0x49edf201c1e139282643d5e7c6fb0c7219ad1db7

Here is the Medium post detailing the ICO details and instructions.

My Methodology

I used my python bindings to Etherscan.io API, together with Pandas DataFrames, plotly’s API, and Project Jupyter notebooks to create this information.

I’ll send you the notebook upon request.

I looked at the ICO address given above, and pulled all external transactions using into a Pandas Dataframe. These transactions can be viewed online if you click the Etherscan.io link provided above.

I did not do an analysis for each token, only on the ETH transactions. This means that the actual numbers in terms of total investment and distribution will be a bit skewed from the ones reported here. It is assumed that the overall behavior is similar for all token investments. This subset makes up the lion’s share of the total investment, so the behavior established by this analysis is extrapolated to other coins as well.

Holler at me if you have a problem with my methodology. I’m not getting paid for any of this, so if you want a breakdown across all tokens and their relative differences… incentivize me (ETH and BTC addresses at the bottom ).

The Data

Over All Tokens:

Below is a table showing the relative contributions from each digital asset accepted. The value column is the amount of the respective token invested, and the evaluated column is the USD valuation of the token amount (at 78.36 USD/ETH).:

This information in bar chart form is as follows: