Token Economics w_ Iterations
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Last updated
Anatha Systems
Token Economics
Basic Token Details I-0
Token Ticker: ANATHA
Token Type: Utility
Divisibility: 8 decimals
Supply: Variable
Initial Supply I-0
An initial supply of 7,700,000,000 (7.7 billion) ANATHA will be minted on the token generation date.
Token Sale
A fixed amount of 7,700,000,000 ANATHA (7.7 billion) will be available for sale to Anatha address holders from within the Anatha wallet application and/or web purchase gateway.
Distribution to one user genesis address I-0, treasury based I-2
Token Prices
The sale price of the ANATHA initial supply increases as tokens are sold. Starting at $0.01, the ANATHA token price increases by $0.01 for every 10,000,000 (10 million) ANATHA sold.
0 - 10,000,000 tokens sold: $0.01
10,000,001 - 20,000,000 tokens sold: $0.02
20,000,001 - 30,000,000 tokens sold: $0.03
30,000,001 - 40,000,000 tokens sold: $0.04
…
7,690,000,001 - 7,700,000,000 tokens sold: $7.70
ANATHA tokens will likely become available for trading on external markets. The ANATHA price for tokens sold in-app follows the model above regardless of current external market price(s).
Using the above model, ANATHA price will be capped by the Anatha internal purchasing gateway(s) at the current pool supply level’s pricing. Sellers (both internal and on exchanges, if ANATHA is listed) will always be competing with the Anatha supply pool until it is exhausted. This should provide reasonable stability compared to other utility tokens while the network grows to the point where its user base inertia will blunt any wild swings. Sale based on treasury sale I-2
All revenue received from the sale of ANATHA tokens from the initial pool will be managed as a treasury for the ecosystem. The treasury will automatically buy ANATHA on any market at 60% (I-2) of the current pool price level (up to a determined maximum volume for any given period) in order to provide a reasonably strong likelihood that sellers can always find a buyer and that ANATHA will remain between 60% and 100% of the current price level during the initial network expansion. Repurchased ANATHA is returned to the initial pool, increasing the amount of ANATHA available at the current price level.
Variable Supply
Anatha has selected a fixed inflation rate of 1% per annum. New tokens will be minted daily at a rate of 0.0028% of the total supply, where [(1+daily inflation rate)^365.25 = annual inflation rate]. 1% was selected to mirror the projected average global human population growth rate over the next 25 years. I-1
Newly minted tokens are not sold. They are distributed daily; 50% to the Anatha Master Contract (AMC) (redistribution to communities and investors) and 50% to the Network Validator Reward Pool (NVRP). I-3