General Allocation

Total maximum supply of tokens is limited to 400 000 000 BKX, and all of them are already issued. No more BANKEX tokens will ever exist. Total supply is split into 6 major categories by nature of their usage.

Public Sale

During BANKEX token sale, we have sold a total of 80M BKX tokens and distributed 63.4M BKX tokens at the time of writing this. Some of our tokenholders that took part in tokensale will receive their tokens with a delay; this is why 16.6M BKX tokens remain untouched on our Public Sale wallet and will be distributed later this year.

You can check these tokens here: https://etherscan.io/token/0x45245bc59219eeaaf6cd3f382e078a461ff9de7b?a=0xdef97e9f16831da75a52ff583323c4cdd1f508da

Reserved (Institutional Buyers)

We also have reserved 140M BKX tokens for future funding from institutional buyers with the minimum purchase of 1 000 ETH. These tokens will be used to provide liquidity for the smart assets traded on BANKEX platform. We have imposed a 365-day resell lock-up for these tokens starting from the purchase date. This way institutional buyers will only be able to use them on the platform without impact on BKX secondary market.

You can check these tokens here: https://etherscan.io/token/0x45245bc59219eeaaf6cd3f382e078a461ff9de7b?a=0xf026ad161674E4f8b3306a191Bd936E01A5BD4A7

Advisors

Total 40M BKX tokens are going to be used as incentives for our advisors. The only a small portion of this tokens was allocated in the last BANKEX token sale, including bounty tokens. The majority of this amount is reserved for attracting future advisors in industry-specific areas when needed. All the new advisors will be appropriately announced with an official press-release on our website.

A total of 11 advisors were involved on our token sale (some of them kept confidentially) and were allocated a reward of 3.2M BKX and received 1.1M BKX while remaining 2.1M BKX are frozen at BANKEX Custodian.

As of March 03, 2018 all of 1.1M BKX are stored in cold wallets.

You can check these tokens here: https://etherscan.io/address/0xDdbC59F27332448EC1e3F9797B69169e680F21Dc#tokentxns

Foundation

BANKEX Foundation is an open-source initiative which mission is the development of blockchain technology for global community with no commercial goals. As any non-profit entity, Foundation is structurally and decision-wise independent of core BANKEX team. You can learn more about the Foundation here. 40M BKX tokens is a long-term budget for rewarding open-source blockchain developers and industry initiatives in the future.

99.995% out of circulation supply.

You can check these tokens here: https://etherscan.io/token/0x45245bc59219eeaaf6cd3f382e078a461ff9de7b?a=0x6a6a0b4aaa60E97386F94c5414522159b45DEdE8

Option Pool

This 50M BKX part is reserved for BANKEX team expansion in long-run and may only be released once Team tokens are 100% distributed.

100% out of circulation supply.

You can check these tokens here: https://etherscan.io/address/0x0483bF7eB04cE3d20936e210B9F3801964791EDA#tokentxns

Team Tokens

A maximum of 50M BKX tokens will be distributed among team members as a form of incentive. This part of token allocation is also intended for a long-term graduate use and has strict selling lock-up rules for considerable periods of time starting at 6 months. Currently, we allocated close to 11M BKX for the team while 7.5M BKX remains frozen for more than 6 months in BANKEX Custodian and 3.5M BKX are being distributed.

You can check these tokens here: https://etherscan.io/token/0x45245bc59219eeaaf6cd3f382e078a461ff9de7b?a=0x3c0A403245F1C144207935b65da418Ddcc29c94E

Circulating supply

Each category of BKX tokens can be categorized by nature. Public sale and Reserved (Institutional buyers) parts are the tokens intended for sale, while all other categories are NOT intended for sale and can be distributed only in the form of transfer.

We completely understand mechanics of supply-demand balance of tokens on the secondary market, and we are happy to make our tokenholders benefit from BANKEX growth and development. This is why we developed a mechanism, which preserves a percentage structure of BKX tokens regardless of the amount sold to tokenholders right from the start.

For every category of BKX tokens not intended for sale, we limit their maximum amount that possible to be released with the same proportion as the share of tokens sold.

According to the token sale results, there are 80M BKX tokens sold, which is 36.4% of 220M BKX intended for sale. This means only 36.4% of all categories not intended for sale tokens can potentially be distributed and 64.6% remain frozen.

It is important to note that this figures represent a maximum amount of BKX that potentially can be distributed which does not necessarily mean they ARE released. Current circulating supply of BKX tokens is:

A total amount of circulating supply as of March 09, 2018 is 68M BKX tokens.

Additionally, our COO Dmitry Dolgov has prepared a post with a detailed breakdown of our listing and some of the following events. We hope this will increase trust between you, our tokenholders and us, the team, and can help other teams with listing process. You can check it out here: