A fixed amount of IOV token will be issued during the first phase (depending on the amount brought on by the ICO, where 0.10 euro = 1 IOV token). As soon as the migration to the Blockchain Name Service is completed, more IOV token will start being issued in order to reward the validators involved in the proof of stake process.
After the IOV Token Sale, the distribution structure of all IOV Tokens will be represented by the following allocation:
- 65% owned by the IOV Token Sale participants (over up to 3 rounds)
- 15% owned by the Security reserve that will be staked by the IOV SAS for Blockchain Name Service Blockchain
- 20% owned by the IOV Team + Advisors