/

AVAX Genesis

Not Timelocked
Timelocked
Total Supply

Genesis unlock

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

Genesis allocation

Sale
Bounties
Team
Ecosystem
Total Supply
Price per asset Vesting period Amount
Seed sale

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

0.33USD 1Year 18.0MAVAX
Private sale

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

0.50USD 1Year 24.9MAVAX
Public sale option A1

Allocated for the public sale.

0.50USD 1Year 7.2MAVAX
Public sale option A2

Allocated for the public sale.

0.50USD 1.5Years 60.0MAVAX
Public sale option B

Allocated for the public sale.

0.85USD (none) 4.8MAVAX
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.

4Years 18.0MAVAX
Denali Testnet
Incentive Program

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

1Year 2.0MAVAX
Vesting period Amount
Team

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

4Years 72.0MAVAX
Vesting period Amount
Foundation

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

10Years 66.7MAVAX
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.

4Years 36.0MAVAX
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.

1Year 50.4MAVAX