Atom Supply and Distribution

By Brian Fabian Crain

A lot of people have been asking us how many atoms will be created and how they will be distributed. So we thought it would be useful to give an overview and run through a few different scenarios that show what happens at different levels of funding.

Scenario 1: USD $10.2m Raised in 3 Days

If we stay below the USD $10m mark in the first 6 hours, the fundraiser will continue. In that case, we might hit the cap after a few days and then end the fundraiser process. Ending the fundraising process won’t be immediate. Some people will be the middle of the contribution process and they will still be able to get their contribution in. So we will overshoot the cap somewhat.

Here is what the total atom supply and distribution could look like in that scenario:

| Category                | Amount Raised       | Atoms Allocated |
|-------------------------|---------------------|-----------------|
| Early Donors            | USD $300,000        | 6,837,467       |
| Partners & Pre-Contrib. | USD $1,329,472      | 16,856,718      |
| Fundraiser Participants | USD $8,570,528      | 85,705,280      |
| Interchain Foundation   |                     | 13,674,933      |
| All in Bits             |                     | 13,674,933      |
| **Total**               | **USD $10,200,000** | **136,749,331** |

Scenario 2: USD $12.5m Raised in 6 Hours

If a lot of people want to participate in the fundraiser, we could go above the USD $10m mark in the first six hours. In case it went very high, we would end the fundraiser early, even before the six hours are up. But if the amount raised exceeds the USD $10m cap by a few million, then we will let it run until the six hours are up and end it then.

Here is what the total supply and distribution of tokens could look like in that scenario:

| Category                | Amount Raised       | Atoms Allocated |
|-------------------------|---------------------|-----------------|
| Early Donors            | USD $300,000        | 8,370,800       |
| Partners & Pre-Contrib. | USD $1,329,472      | 16,856,718      |
| Fundraiser Participants | USD $10,870,528     | 108,705,280     |
| Interchain Foundation   |                     | 16,741,600      |
| All in Bits             |                     | 16,741,600      |
| **Total**               | **USD $12,500,000** | **167,415,997** |

Scenario 3: USD $7.2m Raised in 2 Weeks

It’s also perfectly possible that fewer people want to become cosmonauts and that we won’t reach the USD $10m cap at all. In that case, we will let the fundraiser run for two weeks before it ends.

Here is what the total supply and distribution of tokens could look like in a scenario like that:

| Category                | Amount Raised       | Atoms Allocated |
|-------------------------|---------------------|-----------------|
| Early Donors            | USD $300,000        | 4,837,467       |
| Partners & Pre-Contrib. | USD $1,329,472      | 16,856,718      |
| Fundraiser Participants | USD $5,570,528      | 55,705,280      |
| Interchain Foundation   |                     | 9,674,933       |
| All in Bits             |                     | 9,674,933       |
| **Total**               | **USD $7,200,000**  | **96,749,331**  |

We hope that will answer some of your questions and give you a better idea of how many atoms will be created under different scenarios. The atom rate that we will recommend for the allocation of fundraiser participants will always be 1 atom per USD $0.1 worth of bitcoins contributed*. The more we raise the smaller the percentage of the total atom supply that 1 atom will represent. But then again, the more resources we have to build out the Cosmos Network and make sure it is capable of great cosmic adventures.

*The USD/BTC exchange rate will be determined and fixed just prior to the fundraiser.

Originally published at gist.github.com.