The distribution of Novo is linked to the growth of the number of users.

EDF

Equal Distribution Fund

Equal Distribution Fund

The Equal Distribution Fund's goal is an even spread of Novo. Per person a maximum of 2000 euros worth of Novo is distributed from the EDF. This distribution takes place in two ways:

Initial Distribution

Active

The initial distribution will be active until the ~ 1st of January 2021. In this period it is possible for each individual to purchase 2000 euros worth of Novo.

In-app distribution

From ~ 1st of January 2021

When making a purchase from within the Novo application, a maximum of 20% comes from the EDF and the rest from the trade market. When the personal purchasing limit of 2000 euros worth of Novo from the EDF is reached, future purchases will be coming completely from the trade market.

2000 euros worth of Novo per person

Holding

From 4th of August 2020

Holders can lock their Novo for a certain period of time and leave the Novo application on. The Novo blockchain randomly picks an active application to confirm a transaction every 5 minutes. The holder that confirms a successful transaction receives 0.10 Novo.

10512 Novo per year

Mining

From 4th of August 2020

Miners can use the Novo application to use the computing power of their computer to confirm transactions. Every 4 minutes a transaction can be confirmed. The miner that successfully confirms a transaction receives 0.10 Novo.

10512 Novo per year
10 billion Novo in
at least 100 years

128

Verified users

54.027

Novo in circulation (incl. holding)

23.098

Novo in holding (40%)

107

Holding accounts

€ 245.823

Market cap

0

Whales

339

Nodes over de hele wereld

Last update: 21.10.20. Recent data: Dactual.com/novo
Nodes

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