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Eye on the Supply: Aion Facts versus Fiction
People are talking more about Aion, but not all of it is flattering — or true.
It is crucial to understand a cryptocurrency’s supply dynamics, and Aion’s can be hard to navigate for newcomers. This article addresses some of the most common questions and issues raised about Aion’s token supply and price performance.
As always, you should do your own research. This article is a summary of publicly-available information and the author recommends checking his sources for additional information and context:
- The author’s “Eye on the Supply” series (1, 2)
- Messari’s asset profile
- Aion’s token sale mechanics paper
- Aion’s monetary policy paper
- Aion’s token utility paper
- Aion Foundation’s accountability reports
Aion Supply Dynamics Overview
Aion minted about 466 million tokens in fall 2017 and has a 1% annual inflation rate for validator rewards (currently for proof-of-work mining on Aion’s main net launched in April 2018).
About 186 million tokens (40%) were reserved initially for the Aion project, Nuco Global (Aion’s parent company at the time), and early partners for their contributions to getting the project started. Aion held a private presale of 30 million Aion tokens to institutional and accredited investors for $0.50 per token ($15 million raised). Aion then held a…