Cenfura Platform Token Circulation
Tokens held by the Cenfura Platform must circulate (i.e. be tokenized) within the platform once before they can be utilized outside of the Platform. Adding onboarded energy assets and related contracts will create a constant and ever-increasing demand for XCF tokens for use within the Cenfura platform and ecosystem.
Cenfura is committed to create and finance inclusion initiatives (energy poverty programs, academic programs, research programs) through XCF tokens. A total of 95M XCF tokens have been allocated for this purpose. The remainder of the tokens reserved for this purpose will be released on a quarterly basis as funded inclusion initiatives are approved and this will be published on the company website.
Long-Term Initial Lockup
Cenfura has locked-up 600M tokens for future use. These tokens will remain locked-up until further notice. Tokens will be gradually released as the onboarded assets’ daily use of tokens is over 5% of the circulating supply. This will allow for creating and managing a sustainable and stable ecosystem in the long-term.
Onboarding Energy Assets for Tokenization
The first Cenfura energy asset is planned to be onboarded in August 2020. Following this, new assets are expected to be onboarded on a quarterly basis, globally. Information on the pipeline and new assets can be found in the news section of Cenfura.com.
Every time an asset is onboarded a calculated number of XCF tokens are locked-up for five years. This ensures that the Cenfura Platform has access for sufficient tokens to orderly increase the token flow in the future. The number of XCF tokens that are to be locked-up for each new onboarded asset will be calculated based on the estimated annual value (using fiat currency) of the asset’s energy production during its first year.
Total Supply as of 2-Apr-2020 (1,5B)
- Platform (Long-term Lockup) 40%
- Inclusion Initiatives Lockup 6%
- Previous Token Buyers Lockup 1%
- Team Lockup 23%
- Circulating Supply (no lockup) 30%
Current Circulation as of 2-Apr-2020 (450M)
- Platform 50%
- Cenfura Green Project Funding 17%
- Previous Token Buyers 5%
- Team 16%
- Inclusion Initiatives 12%
|Address||Tokens||Lock Up Release||Use|
|0x3c64715700dcb40d83ba8bb81cb2ab1313c85a35||600,000,000||See comments above||Long term lockup|
|0x0c7aff31ae4977beef3da3102a1341f037402a1f||90,000,000||25% Quarterly from 1-Apr-2021||Team|
|0x4efd32736633eef450ed379c494ae7a7e30a9f4d||90,000,000||25% Quarterly from 1-Jan-2022||Team|
|0x3267e5fc1638a96530fc1d3370edb3cadadd76b3||90,000,000||25% Quarterly from 1-Jan-2023||Team|
|0x606319b197638ed8b51b76970777a6494597e3f5||80,000,000||25% Quarterly from 1-Jan-2024||Team|
|0xa4a8ea756d2ed6072be04282fb2f30be4ee00fc0||20,000,000||25% Quarterly from 1-Jan-2023||Inclusion Initiatives (see comments)|
|0x16818d8da7bfbff8a9ad0cd4bc35771f5ce28def||20,000,000||1-Jan-2021 onwards based on projects||Inclusion Initiatives|
|0x5617b39f2d1375299bdd5255d5ff02e21966915c||20,000,000||1-Jan-2021 onwards based on projects||Inclusion Initiatives|
|0x7c575479f1bafd45b826670da1414e7248b37d1e||15,000,000||1-Jan-2021 onwards based on projects||Inclusion Initiatives|
|0x3a2a4c6ce07d08a3982428525e5417bf4c625943||10,000,000||1-Jan-2022 onwards based on projects||Inclusion Initiatives|
|0x6a889b2dfac8d90bf17d8c70824f50b2ad700fa8||10,000,000||1-Jan-2022 onwards based on projects||Inclusion Initiatives|
|0x2c8b287e6a44e25e9b906a6222f7f6746d897c95||5,000,000||50% 1-July-2020 50% 1-Sep-2020||Earlier Token Buyers|