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AVAX Genesis

Total:
360M
Not timelocked
24.5M
Timelocked
335.5M

Genesis unlock

  • 300M
  • 200M
  • 100M
Total: 360M
  • 2021
  • 2022
  • 2023
  • 2024
  • 2025
  • 2026
  • 2027
  • 2028
  • 2029
  • 2030

Genesis allocation

Total:
360M
Sale
114.9M
Bounties
20.0M
Team
72.0M
Ecosystem
153.1M
Price per token
Vesting period
Amount

Seed sale

Completed in February of 2019. The implied fully-diluted mainnet valuation of this sale was $120M. These tokens were sold to help initiate the development of the Avalanche codebase.

$ 0.33
1 year
18.0M

Private sale

Completed in May of 2020. The implied fully-diluted mainnet valuation of this sale was $180M. These tokens were sold to distribute AVAX and build staking infrastructure.

$ 0.50
1 year
24.9M

Public sale option A1

Allocated for the public sale.

$ 0.50
1 year
7.2M

Public sale option A2

Allocated for the public sale.

$ 0.50
1.5 years
60.0M

Public sale option B

Allocated for the public sale.

$ 0.85
(none)
4.8M
Vesting period
Amount

Airdrop

Allocated with the specific mandate of being distributed to various communities in order to onboard more people to the Avalanche community. For example, these may include airdrops to various crypto communities, Reddit communities, developer forum communities, and even airdrops to exchange users.

4 years
18.0M

Denali Testnet Incentive Program

Allocated for participants that validated in the Avalanche incentivized testnet programs.

1 year
2.0M
Vesting period
Amount

Team

Allocated to founding and non-founding members of AVA Labs. Team members, including founders, who have vested tokens prior to launch are voluntarily re-locking all tokens for four years, starting from three months after mainnet launch. This means that all team members unlock 0% on mainnet launch.

4 years
72.0M
Vesting period
Amount

Foundation

Allocated to an independent, non-profit Singaporean foundation, called Avalanche Foundation, which manages these tokens for various ecosystem-building initiatives, including marketing, bounties, incentive programs, and more. The public sale has been conducted by Avalanche Foundation and its affiliates.

10 years
66.7M

Strategic Partners

Allocated with the specific mandate of being distributed to groups, organizations, and enterprises that are building businesses using the Avalanche technology and network.

4 years
36.0M

Community & Developer Endowment

Allocated with the specific mandate of being distributed to individuals and groups that are developing core tooling and infrastructure on Avalanche as well as are supporting Avalanche through grassroots community building and marketing. For example, these may include Avalanche Hub, Avalanche Ambassadors, Avalanche-X grantees, and more.

1 year
50.4M