Altcoins Talks - Cryptocurrency Forum
Learning & News => Announcements [ANN] => Tokens/Coins Offerings (ICO, IEO, etc.) => Topic started by: bubot on May 16, 2019, 06:45:16 AM
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USD 415 Million in Dock Tokens is up for grabs in the Anchor Presale.
Anchor Primary Issue & Allocation
Anchor’s two-token economy is comprised of the Anchor Coin, the system’s main currency and payment token, and the Dock Token, the system’s utility token, issued as a corrective and stabilizing measure against downward market trends.
In the Primary Issue, the first $600M worth of Anchor Tokens, the system’s main currency and payment token, will be issued and placed in the Mirror Vault, the account that will be used to store the primary issue.
The corresponding first $600M worth of Dock Tokens, the system’s utility token, will be distributed to validators, investors and other stakeholders in the Presale Phase, and placed in the Mirror Vault Queue.
These batches of Dock Tokens will be exchangeable for Anchor Tokens one for one, from the primary issue deposited in the Mirror Vault, on their respective release dates.
Read more about the primary issue, allocation model The Anchor.io