EFI was offered to the public through a CoinList sale in June 2021. A private sale was held in February-May 2021 for strategic and institutional partners.
Total Supply
The total supply of EFI is 2,000,000,000 tokens.
Staking & Pools
15% of the total supply is reserved for nominator staking and pools. These tokens are provided as rewards for running the parachain during the first 8-10 years.
Public Sale
A Public Sale took place in June 2021 through CoinList.
Terms
5% of total supply (100M EFI)
Maximum USD $500 limit per person
Price per token: USD $0.20
Valued at USD $400M fully diluted market cap
Public Raise Amount: USD $20M
Private Sale
The Private Sale consisted of 300,000,000 EFI, divided into three rounds:
Seed Round
3% of total supply
60M EFI at USD $0.05
Valued at USD $100M fully diluted market cap
USD $3M raise
Early Round
7% of total supply
140M EFI at USD $0.06
Valued at USD $120M fully diluted market cap
USD $8.4M raise
Strategic Round
5% of total supply
100M EFI at USD $0.075
Valued at USD $150M fully diluted market cap
USD $7.5M raise
Private Sale Raise: USD $18.9M
Ecosystem
The Ecosystem Fund will be directed toward strategic growth and powering the Polkadot parachain. This fund will be used for key partnerships and growth opportunities.
