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ROWAN Distribution

Early funding rounds and subsequent distribution

Genesis

Initial Mint: 1 billion tokens

Investment Rounds

Name
Percentage
Token Price
Raise Amount
Fully Diluted Market Cap
Lockup
Seed
4% (40M ROWAN)
$0.0125
$250,000
$6.25M
0% for first month after launch of Sifchain mainnet, 1/12th per month for 12 months thereafter
Private R1
24% (240M ROWAN)
$0.0125
$3,000,000
$12.5M
0% for first month after launch of Sifchain mainnet, 1/12th per month for 12 months thereafter
Private R2
4.5% (45M ROWAN)
$0.03
$1,350,000
$30M
0% for first month after launch of Sifchain mainnet, 1/12th per month for 12 months thereafter
Ecosystem
26.5% (265M ROWAN)
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Dependent on Sifchain Core Team at the launch of BetaNet and SifDAO over time
Team
10% (100M ROWAN)
​
​
​
25% 6 months after launch of Sifchain mainnet, then 1/24 of remainder over 24 months
Team Reserve
24% (240M ROWAN)
​
​
​
25% 6 months after launch of Sifchain mainnet, then 1/24 of remainder over 24 months
Status of Mainnet
After certain milestones are met, a proposal will be raised to SifDAO to launch mainnet at a specified date one month into the future (so if the proposal is on June 30, then mainnet would be on July 30). If that proposal passes, we can expect mainnet to launch on that date.

Subsequent Mints

As part of Sifchain's rewards program, an additional 291,606,377 tokens were minted to pay for liquidity mining rewards - bringing the total issuance of ROWAN to 1,291,606,377.