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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.
Tim Draper’s support for the adaptation of the cryptocurrency concept in the family-based business environment could set a preceden...
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.
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