Takamaka is a Blockchain technology, backed by a PoS consensus algorithm, features two Tokens released based on certain dynamics and a network of Validator nodes and stakeholders who receive an incentive to support the network.
Thanks to Validator Nodes, the security of the Blockchain is maintained. Nodes commit TKG to become validators, while Stakeholders who bet on that node receive weekly interest just like node owners
Now we want to shed light on how TKGs and TKRs are generated and how they are distributed weekly to nodes and supporters, how many are needed to create a Node, and what is the ROI from investment.
Distribution Data
Token GREEN
Total TKG (Token Green) generated at the time of blockchain creation, in the ZERO block (cannot increase or decrease) : 99,000,000 (ninety-nine million)
These 99M were distributed in this way:
57%Token Sale: Available for sale
5% Governance
20% Team
8% Early investors
5.5% Marketing
4.5% Legal and other team
HOW PREMIUMS ARE PAID
Token Green TKG Distribution
The blockchain automatically releases 1 TKG with each block generated (so every 30 sec). Whether or not there are transactions on the block, that is, whether people are using the network or not, does not detract from this automatic release. If there are transactions on the network, in addition to 1 TKG released by the blockchain, the “validator” nodes (or verifiers since we are talking about Proof Of Stake) also receive the fees paid by users to send transactions on the Takamaka network.
TKGs automatically released by the blockchain are not part of the 99 M (see above) TKG Distribution.
The total amount of TKGs that the blockchain will automatically release is 105'120'00 (one hundred and twenty million). This figure was decided to ensure that for 100 years following the creation of the Takamaka blockchain, there will always be a “reward” (1 TKG) to be distributed at the time of blockchain creation (every 30 seconds).
How many TKGs will be in circulation in 100 years ? The exact number will be 105'120'000 + 99'000'000 = 204'120'000 (two hundred and twenty million).
