Tezos is a decentralized blockchain that governs itself by establishing a true digital commonwealth and facilitates formal verification, a technique which mathematically proves the correctness of the code governing transactions and boosts the security of the most sensitive or financially weighted smart contracts.
1 BTC = 5,000 XTZ
Crowdsale token supply: unlimited
- 10% of crowdsale token supply for the Foundation (4 years vesting period)
- 10% of crowdsale token supply for the development team (4 years vesting period)
- Bonuses: $422,000
- Early backers: $893,201
The crowdsale will last for a period of 2,000 Bitcoin blocks.
The bonus starts at 20%, meaning that a contribution of 1 XBT will yield an allocation of 6,000 XTZ and decreases progressively to 0% over 5 periods lasting 400 Bitcoin blocks each.