Does anyone have the stats of the ICO? How many coins & at what price were sold. Was there a limit per person? (probably not right cause KYC wasn’t that big a thing back then).
Was $50k all that was raised? It’s hard to imagine 1 person could have purchased almost the entire supply of Safex.
I’m asking because while Safex Cash attempts at greater decentralization with the S-shaped emission curve, Safex Token’s ICO would have put a majority of the coins in the hands of the few. About 30% of total supply is owned by the top 25 addresses.
So basically less than 25 people own almost 1/3 of total supply. This way we can see if the structure of the Safex ICO has led to a more centralized distribution of tokens.
Maybe they could have used an economist when preparing for the ICO. Do KYC and limit the max supply that could be purchased. Or set aside 10-20% of Safex Token for community rewards etc.
It would be a really interesting study to breakdown all crypto and their distribution of coins, this way we can know if Safex’s ICO structure has led to a more centralized distribution of coins.