Circulation Snapshot:
Approx. 22,500,000 (2.25%) SPADES are in “circulation” for use as of January 1st, 2023.

[The term circulating supply refers to the number of crypto tokens that are available and circulating in the market for sale or transfer, and should not be confused with the total supply, max supply, or allocated supply.  Allocated Tokens are set-aside for a specific purpose, but not yet “available” in the marketplace.]

In Depth Look:
SPADES Tokens have a maximum supply of 1 Billion Tokens.
At present less than 2.5% of the Tokens have been released for circulation,  just under 18% have been allocated but less than 2.5% are “circulating”.

Below is a snapshot and explanations of Tokens allocated, and those circulating.

Charitable Allocation:
100 Million (10%) of all Tokens have been allocated for release to charities and non-profits over a minimum 25-year period.

Charitable Allocation in Circulation:
250,000. While 100 Million are allocated for eventual release, 250,000 have been awarded, and 150,000 have been released into circulation to our current charitable Award participants.  100,000 Tokens too Dream Culture USA,  and 50,000 each to Global Women’s Water Initiative, Peace4People, AAWIC, PeaceNow, Butambala Permaculture Learning Center, and Villages of Hope A.K.C.L.I., however some participants are still setting up their wallet so only 250,000 SPADES Tokens are in circulation.

Sponsorship:
100,000 Tokens have been released to the Dream Factory SIM-Racing team as a sponsorship.

Exchanges Allocation:
15 million (1.5%) are allocated to our first couple of public exchanges, this will not take place until the “crypto-winter” has thawed (so date is unknown). 

Exchanges Allocation in Circulation: 1.2 million. SPADES seeded the swapping pool with 1.3 million tokens.

Member Earnings/Benefits Expected:
10 Million (1.%).  It is expected to take three years for this 1% of Tokens to be released to Members of this community, although that time will depend on adoption numbers.

Member Earnings/Benefits in Circulation:
81,300 Tokens (.00813%) have been released to Members beyond the Founders for their help in getting this community launched.

Founders Allocation:
50 Million (5%). The five Founders were each allocated 1% each of the SPADES Tokens, that is 10 Million Tokens each. The majority of these allocated Tokens (90%) are restricted for a period of three years.

Founders Allocation in Circulation:
2,500,000 (.025%). 95% of the Founders Tokens (47.5 Million out of 50 Million) that have been allocated are under restriction of use for a period of 3 (three) years.
The 2.5 million Founders Tokens that are available for circulation have been loaned to the SPADES Community Bank Wallet to cover the Members requests for cash-out of Cloud Credits. 

The loaned Tokens will be returned to Founders at the appropriate time in alignment with the overall Tokenomics plan.  The “Community Bank Wallet” is currently using the wallet address of: TDkRYq2FcqT8G3f1kKCjMybhQunE43oe2n.

Private Offering – In Circulation:
7,439,085.832 (.743%) SPADES Tokens were released in the first offering,  between private releases 1 and 2 the amount of tokens is 12,039,710, or 1.2039%.  The second round was therefore  4,720,865.576 (.4720%) were released.

NOTE: Most participants acquired their SPADES Tokens using TRX crypto, the majority of which is frozen to cover future transactions fees when paying people out from community earnings to the SPADES Wallet.  The proceeds in dollars are based on the fluctuating value of the TRX, so proceed amounts are dependent on the moment you are looking and the TRX price.

Track our Token holders on the blockchain explorer, TronScan.io.