AION Token Sale Mechanics

Having learned lessons from token sale events throughout the past year, we've designed a structure we believe offers the right incentives, access to the right diverse set of purchasers, and transparent market mechanics.

Read our Token Sale paper to learn more about our Public Pre-Sale, and our Dutch Auction, and how it allows effective price discovery by public markets, in addition to how it affects token distribution.

PRIVATE SALE

Completed

Targeted to institutional and accredited investors

30M Token Cap
$0.50 / Token

PRE SALE

October 03, 2017 - UTC 1400

$15 Million USD Soft Cap
+ 4 Hour Time Cap

Limited token generation event, using timesliced discount tranches

17M Token Cap
$0.75 - $1 / Token

PUBLIC SALE

Late 2017

Dutch Auction

233M Token Cap
$1+ / Token

** Caps are finalized at the block in which target amounts are reached, resulting in small possible variances.

Public Sale

A Dutch Auction to Discover A Fair Token Price

The Aion public sale will be a dutch auction; this kind of auction strategy was selected to allow efficient price discovery by the market and to keep the token offering fair for everyone. Any tokens left-over from the dutch auction will be redistributed, pro-rata, to all contributors in the pre-sale TRS, as described in the Token Sale Paper.

The Dutch Auction will have a fundraising hard cap, an elapsed-time cap and a mximum token cap (to be announced in advance of the Public Sale).

To learn more about the dutch auction mechanics, public-sale token re-distribution and the TRS, please read our Token Sale Overview paper.

Pre-Sale

An Opportunity to Partner with the Aion Foundation

Pre-Sale contributors will have the opportunity to participate in Aion's token release schedule (TRS), which offers the following benefits:

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Partner with the Aion foundation in securing the vision of the Aion network.

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Receive pro-rata allocation of half the leftover tokens from Public Sale.

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Receive additional token utility as project matures.

Token Release Schedule Overview

Any purchased tokens can be contributed to the TRS at any point prior to the TRS lock date, ahead of the Public Sale.

Immediate Token Release

At the moment of minting, following the close of the Pre Sale, purchased tokens are distributed to contributors’ wallets.

Token Release SCHEDULE

Purchased tokens can be set to follow a release schedule at any time prior to the TRS lock date. At the close of the Public Sale, 25% of owed tokens in TRS will be distributed to contributors’ wallets, with the remaining tokens being distributed monthly for one year.

Benefits of Choosing the TRS

TRS contributors will get a pro-rata allocation of 50% of the total tokens left over from the Public Sale. The Dutch Auction structure of the Public Sale, along with the fundraising cap, provides the possibility for leftover tokens. Contributing to the TRS, helps secure the future of the Aion Foundation and you share in any upside of a successful public token sale.

Token Allocation from Sale

Total Token Supply: 465M Tokens
Foundation + Nuco: 40% (185M)
Public: 60% (280M)

Token Allocation from Sale

Total Token Supply: 465M Tokens
Foundation + Nuco: 40% (185M Tokens)
Public: 60% (280M Tokens)

As part of the Aion team’s commitment to the long term success of the project, AION network tokens allocated to the founding company (Nuco Global Inc.) and the Aion Foundation will be distributed according to a three-year release schedule.

The final token allocation is subject to adjustments as a function of Token Sale mechanics, outlined in the Token Sale Paper.

** All token numbers given are accurate within 1%.