The AO token mint is now live, marking a significant event in the cryptocurrency space. The tokenomics of AO are designed to ensure fairness, with no pre-sale or preferential access. Instead, AO tokens are distributed based on holdings and bridging activities. Specifically, 36% of the tokens are allocated to AR holders, while 64% are for those who bridge assets into AO. The total supply of AO tokens is 21 million, with a four-year halving schedule. AR holders have been accruing AO tokens since February and have received their tokens today. The current floating supply of AO tokens is 1 million. Additionally, AR holders on centralized exchanges (CEX) will receive tokens via CEX distribution, while those holding AR in wallets will get an airdrop. The distribution process is linear, ensuring a fair and transparent allocation of tokens. The airdrop for wAR holders is currently being distributed and will be visible after the frontend setup is complete.
Fairness used to be a core aspect of crypto, and this is what $AO is bringing back in full force. There is no pre-sale or preferential access to $AO. The *only* way to get $AO is by holding $AR, or by bridging staked assets to @aoTheComputer. None of this is financial advice. https://t.co/6sIedfhNmg
1/ Who's ready for @DA0_DA0 on the @CosmosHub? We want to hear your thoughts, opinions and feedback on launching DAO DAO natively on the Cosmos Hub, once we have CosmWasm live. 👇 https://t.co/IBYEwT41qf
🧵/6 As we wait for the AO team to push the next buttons on AO, here's what we know along with some thoughts. AO is gearing up for launch, and it's going to be epic. Inspired by Bitcoin's fair launch, AO ensures no pre-mine or pre-sales, every token is earned. Here's the scoop⬇️ https://t.co/J3w0XARnxz