8 billion Kolin were created on June 20th, 2018 on the waves decentralised network (asset ID FiKspxSpkpzT4pMUA9ccZkbJmVXTdu4JhFDXNNXr5noW), representing 1 Kolin per current world inhabitant approximately. These Kolin are non-reissuable and will be distributed as follow:
Two billion Kolin freeze on the waves mainnet network until 20th of Jun 2020 (2 years), corresponding to the team share. A 20% of the team share (400 million Kolin) will be distributed among community managers that will be working for the platform.
One billion Kolin is being sold on the Waves Decentralised Exchange (DEX) (https://beta.wavesplatform.com/dex?assetId2=FiKspxSpkpzT4pMUA9ccZkbJmVXTdu4JhFDXNNXr5noW&assetId1=WAVES\) since 2nd July 2018. The sale was performed in a novel IPSO format (see IPSO Details section).
500 million Kolin are being distributed on diverse sale stages as bonuses and also in airdrops and bounties performed ( see Airdrop & Bounties section).
-Two billion Kolin reserved for the Platform automated reward functionality (see Ecosystem section).
A billion Kolin will be sold on the Kolin DEX once functional.
One billion Kolin to be sold after IPSO on centralized exchanges
500 million Kolin reserved for advisors.