Solana (SOL)

Project: Solana

Token: SOL

Introduction

Founded by former Qualcomm, Intel, and Dropbox engineers in late-2017, Solana is a single-chain, delegated-Proof-of-Stake protocol whose focus is on delivering scalability without sacrificing decentralization or security.Core to Solana's scaling solution is a decentralized clock titled Proof-of-History (PoH), built to solve the problem of time in distributed networks in where there is not a single, trusted, source of time. By using Verifiable Delay Functions, PoH allows each node to locally generate timestamps with SHA256 computations. This eliminates the need for the broadcasts of timestamps accross the network, improving overall network efficiency. Solana’s mission is to support all high-growth and high-frequency blockchain applications, and to democratize the world’s financial systems.

Total Supply: 488,627,624.5104179 (8 Jul, 2020)

Current Circulating: 16,484,755.32 SOL (8 Jul, 2020)

Offering Price: (Seed Round) $0.040 USD (5 Apr, 2018)

Official Website: https://solana.com

White Paper: https://solana.com/solana-whitepaper.pdf

Blockchain Explorer: https://explorer.solana.com; https://solanabeach.io

Telegram: https://t.me/solanaio

Token Distribution

Seed Sale tokens comprise 16.23% of the total token supply.

Founding Sale tokens comprise 12.92% of the total token supply.

Validator Sale tokens comprise 5.18% of the total token supply.

Strategic Sale tokens comprise 1.88% of the total token supply.

CoinList Auction Sale tokens comprise 1.64% of the total token supply.

Team tokens comprise 12.79% of the total token supply.

Foundation tokens comprise 10.46% of the total token supply.

Community tokens comprise 38.89% of the total token supply.