$4.53 -2.17%
EOS · 9w

Trybe token circulating supply, September 2018

Trybe did its first airdrop to EOS accounts yesterday. Only accounts that airgrabbed to participate in the airdrop received the tokens. After the airdrop, Trybe had a noticeable increase in volume. Trybe’s biggest market so far is NewDEX (https://newdex.io/trade/TRYBE_EOS). NewDEX’s introduction section of Trybe market states, that Trybe has a circulating supply of 1,000,000.

I don’t quite agree with that. That’s where I got the idea to write an article about Trybe’s current circulating supply. Trybe’s initial supply is 1 billion tokens with no cap on total supply because it will be a inflationary token. But only a small portion of that supply is currently trading on the market.

Now, let’s start the calculation. Trybe airdroped around 2.2 million tokens in its first airdrop to EOS account holders who airgrabbed. The airdrop was distributed from the EOS account trybeairdrop.

Trybe allocated 50 million tokens for the airdrop to this account. 2206992.4757 TRYBE tokens have been airdropped and 47,793,007.5243 TRYBE tokens remain in the airdrop account. You can check it out here: https://bloks.io/account/trybeairdrop

Trybe founders account trybefounder sent 13 million tokens to team members. Though these tokens have been distributed, the team members are not allowed to sell them whenever they want. I spoke with one Trybe official who stated that they are in a 1.5 year agreement for holding the tokens.

There is another account of team members which has less than 500k tokens distributed most likely as salary for contracted workers. So, in total, around 2.7 million TRYBE tokens are now in circulation. I hope NewDEX will update their website soon with the latest information.

Update: Previous version of this article incorrectly calculated the circulating supply. It has been updated after I had a talk with a Trybe official.

Recommend0 recommendationsPublished in Top Rated, Uncategorized

Loading... ...
Go to trybe.one
Recent news
EOS -2.17% · trybe.one · 7h

Life of a Small Time Investor

Introduction So, I am not someone who has vast wealth at their disposal. I am just some dude who has been following the cryptospace for several years and never took the plunge into this world. As of 2...
EOS -2.17% · medium.com · 8h

EOSJacks Announcement (Nov-15–2018)

Hey guys, thanks for your support for making us Topped the EOS Dapp list. To express our gratitude, we will be doing promo to give out extra 5,000 EOS and maximum 6,600,0000 JKR in total to our…
EOS -2.17% · trybe.one · 11h

WORBLI tokens on ChainRift!

With our network up and running and our user account not far away, we’ve experienced quite a large increase in demand for our WBI tokens! Developers and members of our community are keen to get their ...
EOS -2.17% · medium.com · 13h

BRAVO Community Update 8

Welcome to the November edition of our Community Update. It is astounding to note how much time has passed and the extent to which we have progressed. The evolution of the Bravo Protocol has been…
EOS -2.17% · cryptoupdate.ca · 21h

Trade Recommendation: EOS

Just like most cryptocurrencies, EOS (EOS/USD) has had a rough 24 hours. Yesterday, November 14, 2018, the market opened at $5.2947. Before the day closed, this coin dropped to as low as $4.4610. In s...