Gravity Protocol initial distribution

in #block6 years ago

This past Monday, we posted the Gravity Protocol Development commitment (aka Roadmap). According to this roadmap, we will be moving to the Mainnet launch in July.
The Gravity coin (ZGV) will be emitted as soon as the Main net is launched and emission will be spread right after Genesis block is generated (accordingly to the pools we have defined in the table below).
However, first we'd like to address the principles of our emission:

  1. We consider the Gravity network to be a network of activity. The Index of Importance, that we have implemented into the protocol, incentivizes network participants to use Gravity Protocol for business and transaction activity, instead of just holding a token and selling afterward. That’s why we will not conduct an ICO or introduce public token sales. This is to help avoid having holders who buy new coins purely for speculative value.
  2. We believe that, according to Metcalfe’s law, the value of any network (including a blockchain network) is proportional to the number of network users. Therefore, we aim to spread our initial distribution evenly among a maximum number of interested users.
    That is why we will reward involvement in protocol development as well as conduct an active faucet and airdrop distribution.
    Here is the table of Gravity Protocol initial distribution: image

Coin Marketplace

STEEM 0.27
TRX 0.13
JST 0.032
BTC 62795.05
ETH 2941.10
USDT 1.00
SBD 3.55