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Level up your World ID experience. Join the biggest verified World ID holders community. Powered by Changer ($CNG).
Unique Human (UH) connects World ID holders ("Unique Humans") with DApps offering exclusive benefits like airdrops and whitelists, for real people, not bots. UH is powered by Changer ($CNG).
While UH is a platform, is the platform's native currency. Users use the Changer tokens to transact with airdrops, whitelistings, stakings and more. Changer also contributes to the Unique Human DAO, a group of projects and individuals working to make UH sustainable and beneficial for everyone. Additionally, Changer functions as the alliance cryptocurrency for Web3 & AI projects.
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1) / 2) Buy $CNG - - - - 3) (ERC-20) 4) Total Supply: 196,547,785 5) Distribution: 6) Token Claim: () 7) Token Icon: 8) Audit:
9) Legal
From October 2021, DFX Pte. Ltd., a Singaporean corporation that developed Changer, and Chain Partners Inc., DFX's parent company located in South Korea, underwent 3rd party legal review by Renaissance, a law firm specialized in digital assets, whether Changer complies with the capital market laws and whether Changer is security tokens or sort of stock, based on Changer's whitepaper and business plan.
As a result, DFX Pte. Ltd. and Chain Partners Inc. received a 16 page long legal review that confirms Changer is neither security tokens nor stock on November 2nd, 2021. Whenever Changer is to be listed on the exchanges, this report will be submitted. This legal report that contains lawyers' verification will be who wants to read.
[Disclaimer]
Digital assets are not legal tender and carry the risk of principal loss upon purchase. Changers are not securities such as stocks, bonds, or investment contracts and do not grant any rights to alliance products or operating entities. The purchase or holding of Changer should always be exercised with caution, and DFX Pte. Ltd. and its affiliates do not guarantee principal or provide any financial guarantees or warranties. All responsibility for the purchase and holding of tokens lies solely with the buyer. Changers are not linked to the success or failure of any business beyond simple marketing and promotional purposes.
The token overview, utility, manifesto, and circulation data are for reference purposes only and are not guaranteed or warranted to be accurate to anyone. All information presented here is subject to change without notice based on market conditions, regulatory environments, and business success or failure. The token circulation data is based on information available to the issuer, but it may not be accurate depending on the time of assessment and the aggregation method, and is therefore not guaranteed or warranted.
Why Unique Human (UH): Over 5.7 million humans have verified World IDs but it's very difficult for them to find apps that use them, and vice versa. Unique Human solves this by connecting verified World ID holders with apps built for them, aiming to create a thriving community of verified users.
As a Native Currency: Changer tokens power the Unique Human (UH) platform, serving as its native digital currency. The tokens are used as utilities when users participate in various airdrop events, stakings, and more.
As a Unique Human DAO: Changer contributes to the Unique Human DAO, a group of projects and individuals working to make UH sustainable and beneficial for everyone.
Why the Decentralized Alliance crypto: Web3/AI products want crypto for engagement, but creating and managing it's a nightmare (issuing, exchanges, regulations). Many ditch it entirely. Changer offers a solution: an alliance crypto for these products. This shared approach safeguards everyone and frees products to focus on what matters - building great features. Alliance members can collaborate, promote each other, and connect features to accelerate growth. Everyone wins: products engage users with crypto, and regulations become a shared challenge.
Utilities
Payments & Transactions: Buy or sell with $CNG. Simplified transactions, unified payment system across the ecosystem.
connects World ID holders ("Unique Humans") with DApps offering exclusive benefits like airdrops and whitelists, for real people, not bots. UH is powered by Changer ($CNG).
Verified World ID holders ("Unique Humans") can use $CNG to transact with stakings, airdrops, whitelistings, and more.
Feeturn is a trading fee cashback platform empowering users to recoup a portion of the fees they incur while trading on Perpetual DEXs.
On a quarterly basis, Feeturn will dedicate a significant portion of its profits — a staggering 20% — to buy back $CNG tokens.
is a DEX Aggregator that allows users to swap all tokens on EVM-based chains. In addition to developing its own aggregation engine, allswap compares prices with other DEX Aggregators such as 1inch, Paraswap, and Matcha to find the best price. It is the world's first (Aggregator of Aggregators). With allswap, users can find the best price for token exchanges on EVM-based chains from anywhere in the world.
Allswap prioritizes projects that stake $CNG, giving them prominent placement on the platform. This ensures new tokens gain increased exposure to DeFi investors, essentially using $CNG as a launchpad currency.
Changer is staked as collateral, not paid or consumed. Therefore, if a project wants to revoke its exposure on the allSwap service, it can receive a full refund of its tokens at any time. As of March 2023, the amount of Changer staked for top exposure on the allSwap UI is as follows. This staking amount is subject to change at any time depending on the popularity of slots.
, the world's first zkEVM-based high-performance perpetual futures exchange, catered to a range of cryptocurrencies and forex, was launched in November 2023.
Changer will serve as the base token for this exchange. This DEX maximizes capital efficiency through the use of a single LP pool and adopts a cash settlement method instead of physical delivery, allowing for a wide range of products to be listed. The ERC-4626 standard is applied so that assets tied up as LP can also conveniently liquidated.
Furthermore, as the world's first zkEVM-based derivatives exchange, it allows for extremely fast performance with extremely low gas fees. In addition, to address the centralization issue of oracles in derivative DEXs that has been persistently criticized, it proactively applies a decentralized oracle-specific L1 to pursue maximum transparency. For more information on the features of Gambit, please refer to the .
Here's how the Changer will be utilized on Gambit.
A portion of the closing fee from the transaction will be distributed to token stakers.
Referral commission rates will be applied differentially according to the staking amount (up to a maximum of 80% of the trading fee).
Governance voting for adjusting various parameters such as determining future development features and fees.
, a service provided in Korean, is a product that enables users to conveniently utilize a range of generative AI models in their native language. This product introduced its paid subscription option in August 2023.
Wrks AI's paid account offers enhanced professional functionality by utilizing GPT-4, the latest Large Language Model developed by OpenAI. Subscribers can access unlimited image creation with state-of-the-art generative image AI models, voice input, and voice output using the latest generative AI technologies, all without any limitations.
Wrks AI paid accounts can be conveniently accessed through Google and Apple subscriptions for user convenience. Additionally, by purchasing a certain amount of Changer, users can gain unrestricted access to various services that utilize the latest generative AI models.
Wrks AI plans to continue introducing the latest AI models, allowing users to enjoy the benefits of various AI technologies easily and conveniently.
(This service is provided in Korean), renowned for offering a blend of on/offline experiences and localized in the vibrant heart of Seoul, South Korea, is an invitation-only community often likened to the 'Korean version of Soho House'. With a considerable waiting list that showcases the demand for its distinctive membership, Changer House is a symbol of exclusivity.
In a forward-thinking shift from traditional transaction methods, we are pleased to announce that Changer House is actively investigating the implementation of Changer Tokens as our official medium of exchange for the procurement of services and merchandise within the establishment. This initiative is being developed to streamline financial interactions, reinforcing the sense of community by providing a seamless and integrated member experience.
Projected to fully inaugurate its operations in the near future, Changer House is not yet open for regular activity. However, the anticipation for its concept of blending an exclusive community with a sophisticated token-based economy is building rapidly.
While the dynamic advent of our community is still on the horizon, the introduction of Changer as a currency within Changer House is setting the foundation for a unique economic model unheard of in traditional member clubs. Specific details regarding the functional use of Changer Tokens will be made available to our members in alignment with our operational rollout.
As we edge closer to our official opening, we continue to curate our member base and refine our offerings. The anticipation for the unique synergy of luxury community living, paired with an innovative transactional approach, signals a new chapter in the realm of membership experiences.
The issuing company has fully revised the functionality of its token to align with the market environment and product situation in 2024, as its long-developed alliance product, Altpro and Gambit, is officially launched two and half years after token issuance.
The key objectives of the modified token functionality are as follows:
To proactively prepare for future regulations related to securities, Changer will firmly establish itself as a pure utility or payment token that does not include distribution rights for dividends or surplus profits.
Changer will strive to promote widespread use of its token across various products and partnerships, so that the fate of the token is not solely determined by the success or failure of a single product.
As Changer continues to add partnerships, each partnership is designed to encourage long-term staking of the token, gradually increasing demand while reducing the supply and circulation of the token.
Accordingly, Changer will continue to secure various use cases in the future.
[Disclaimer]
Digital assets are not legal tender and carry the risk of principal loss upon purchase. Changers are not securities such as stocks, bonds, or investment contracts and do not grant any rights to alliance products or operating entities. The purchase or holding of Changer should always be exercised with caution, and DFX Pte. Ltd. and its affiliates do not guarantee principal or provide any financial guarantees or warranties. All responsibility for the purchase and holding of tokens lies solely with the buyer. Changers are not linked to the success or failure of any business beyond simple marketing and promotional purposes.
The token overview, utility, manifesto, and circulation data are for reference purposes only and are not guaranteed or warranted to be accurate to anyone. All information presented here is subject to change without notice based on market conditions, regulatory environments, and business success or failure. The token circulation data is based on information available to the issuer, but it may not be accurate depending on the time of assessment and the aggregation method, and is therefore not guaranteed or warranted.
0x5aCbabF8E5eEC0f036b3728482A65614297ee3F9
Team & Advisors Changer
0x07305f5Dc6c75e93FeD3A10776EB3e92835Ef474
Ecosystem Dev. Fund Changer
0x327612aCA8E619fe11bfA3dCb0a0c2C8B8688244
Cross-promotion & Collaboration: Exclusive offers & features across platforms using $CNG.
Staking & Governance: Hold $CNG to influence platform development.
Referral Rewards: Earn $CNG for bringing new users.
In-platform rewards: Get $CNG for participating and being awesome.
Joining the Changer Ecosystem: Web3, AI, and all kinds of products and services (online and offline) can join Changer after screening. We aim for open participation, boosting token demand for everyone involved.
Sidenote: As the Alliance continues to expand, this content may be updated at any time. Since each product is akin to a living organism, token usage methods may change at any time based on the business decisions of each product.
In the long run, Changer aims for a structure in which multiple services and ecosystems share a single token, rather than relying on any one individual or factor.
Changer
0x5C1d9aA868a30795F92fAe903eDc9eFF269044bf
Strategic Round Changer
0x716B61aD04dC45F5508CFBaDff911B36E80A8d5E
Public Round Changer
0xa9b086064dfd25ef9B5C67afdc827E97E7Fed881
$10,000 worth Changer
1st priority exposure
3 slots per chain
$5,000 worth Changer
2nd priority exposure
3 slots per chain
$3,000 worth Changer
3rd priority exposure
3 slots per chain
Early Backers Changer
// Smart Contract Info for Changer
// Type: Ethereum ERC-20Elevate Your Service: Leverage the power of cryptocurrency without the complexities of creating it. Changer is tailored for Web3 and AI innovators.
Align with Our Mission: Become part of the Decentralized Alliance Crypto, pushing the envelope of collaborative success.
Detailed Strategic Blueprint: Dive into our whitepaper to understand our vision for revolutionizing Web3 and AI partnerships.
Get in Touch: Ready to harness the transformative potential of crypto within your service? Contact us at [email protected].
Be Part of Something Exciting: Exceptional, yet-to-be-revealed services are on the verge of onboarding. Seize the opportunity to join these avant-garde ventures.
Collective Success: Position your product to be among those taking the leap together towards unmatched success in our ecosystem.
1) 2)
The issuer is aware that decentralization is gradually becoming an important requirement for listing on recent global CEXs. Therefore, the issuer plans to sequentially pursue the following measures to enable more decentralized circulation and operation of tokens in the future.
In the future, we plan to use governance voting tools such as to propose and discuss the distribution of non-sale tokens, such as ecosystem tokens, and make decisions through them.
However, there are areas where some confidentiality is necessary for business operations, such as listing or market creation, and team token distribution. For such areas, we aim to pursue both decentralization and confidentiality by setting a kind of upper limit in decentralized governance by saying 'Let's allocate this much volume for this purpose first.
This is expected to operate in a way similar to how director compensation limits are established at a shareholders' meeting, even though individual directors may not know exactly how much they will receive.
1) After introducing decentralized governance for token allocation, we plan to gradually 2) transfer the tokens held in the issuer's vault to a multi-sig contract or a third-party custodian, furthermore, 3) until signers who manage the multi-sig key for managing token contracts or product contracts can be elected directly through a vote within the DAO, our plan is to pursue achieving token decentralization as one of our crucial goals.
However, as for the individual functions of the token, it may be somewhat difficult for the DAO to discuss and decide depending on the product situation, regulations, and industry/competitive environment. Therefore, for now, we plan to exclude it and gradually expand the role and scope of DAO decision-making by determining only the non-sales token distribution details or setting limits for specific purposes.
In the Changer alliance products, for on-chain products such as DeFi and NFTs, we aim to conduct decision-making solely through tokens, except in cases where an operator is required due to regulations. The ecosystem will be operated in a manner that solely utilizes tokens, thereby increasing decentralization as much as possible. Furthermore, we aim to sequentially progress towards complete decentralization by ultimately electing contract multi-signature signers from a DAO.
Of course, a centralized operating entity may be necessary for compliance with relevant regulations, worker employment, and tax payments. In such cases, the goal is for the organization to exist solely as a practical body that simply executes the results of votes from decentralized governance.
In other words, all decision-making regarding on-chain products will be proposed, debated, and decided through voting in the DAO, and the centralized organization will only carry out tasks as a delegate with execution authority. As for off-chain products, DAO decision-making may be difficult due to regulations, so they are excluded from our current objectives.
Regarding partnerships, decisions about how Changer will be used within partnerships and the expansion of partnerships themselves are currently driven by a centralized operating entity. However, in the future, we intend to change the focus so that the centralized company identifies potential partners, but discussions and decision-making take place within the DAO.
Of course, it may be necessary to maintain confidentiality for a certain period during discussions and negotiations with potential partners. Therefore, the DAO will provide broad guidance on the objectives and roles of the centralized company, and the company, delegated by the DAO, will act as a proxy to drive, contract, and execute these objectives, reporting back to the DAO.
It's important to note that it may be difficult for us to pursue a high level of decentralization with external companies, such as partnerships, compared to our alliance products. Since this is an inevitable issue, we plan to sequentially move forward with the direction of increasing decentralization beyond its current state.
To ensure stable transactions of digital assets, a large number of buyers and sellers are required. This is known as liquidity. In order to expand liquidity, it is crucial to list the asset on multiple exchanges, particularly those with high participation rates.
Changer recognizes the importance of listing its token on various exchanges. After two and half years of product development since its initial token issuance, the first alliance product called Altpro was officially launched in Dec 2023, and the tokenomics have been updated in accordance with the latest regulatory trends. Based on this, we are committed to actively pursuing additional exchange listings in the future.
Ensuring ample liquidity on exchanges is as important as being listed on them. When there is a large gap between the prices offered by buyers and sellers, or spread, it can be difficult to execute trades smoothly. While such spreads can decrease over time, this is often challenging to achieve solely through trading among market participants.
At Changer, we believe that professional market makers are essential for facilitating active token trading. Over the past two and half years, we have been in discussions with numerous market makers worldwide, and in Mar 2023, we confirmed our collaboration with a top global firm.
With this collaboration, Changer will be listed on exchanges supported by the market-making firm, and traders can expect to conduct stable transactions 24 hours a day with significantly lower spreads compared to other tokens. We will continue to prioritize improving the trading environment for traders by expanding listings and reducing spreads.
Changer recognizes that for its token to be successful, it must provide seamless access for institutions trading cryptocurrencies. To achieve this, Changer has made efforts to enable the storage, trading, and transfer of its token on the digital asset infrastructure used by global cryptocurrency trading institutions since its initial issuance.
As of Jan 2024, Changer is one of the assets supported by BitGo, the world's largest digital asset custodian. Additionally, , an MPC-based custody infrastructure utilized by various crypto-specialized institutions, including major OTCs worldwide, supports multiple temporary tokens, including not only Changer but also ecoCNG, backCNG, and teamCNG.
Moving forward, Changer intends to consistently encourage diverse institutional custodians to actively support Changer. By doing so, Changer aims to establish its token as one of the popular assets in the expanding "Permissioned DeFi" market, which is to achieve a market size of $1 trillion by 2030.
Changer plans to actively promote token bridging to enable the token to be utilized not only on Ethereum but also on promising L2 and Non-EVM chains.
In the next cycle, L2 is likely to thrive much more due to low gas fees and high performance. In this context, one of Changer's important goals is to become one of the preferred tokens among promising high-performance chains.
To achieve this goal, it is crucial to partner and collaborate with various decentralized applications (Dapps) being created on promising new L2s and other platforms. Therefore, Changer will strengthen its business development (BD) team and devote significant effort to formal collaborations with various Dapps emerging on promising new L2s.
Changer considers the absence of any security-like characteristics in the token's functionality and operation to be the most crucial aspect of its evolved tokenomics. This principle will be an uncompromising and absolute requirement when expanding the token's use cases or designing its functionality.
While interpretations of security-like characteristics may vary depending on each country's laws and regulatory authorities' interpretations, it is generally considered risky if tokens simply accrue interest through holding or staking, guarantee the principal or profit, or obtain dividends linked to the performance of a specific business.
Therefore, the basic design principle is that Changer are simply used like tickets or coupons within their own service ecosystem and affiliates. Just as BTS fan meeting tickets or goods do not suddenly become recognized as securities simply because the number of people wanting them increases significantly, Changer are also aimed at increasing the number of uses that accept tokens within a limited circulation.
Changer are not tied to the performance of any specific joint venture, based on the principles of the used by the U.S. SEC to determine the nature of a security. The primary goal of Changer is to ensure that there is no "common enterprise with an expectation of profit." Instead, the tokens serve as a means and medium for various products and services to be used for promotional or marketing purposes, like coupons, with their sole issuance purpose being this function.
To ensure that its tokens do not possess security features, Changer is making special efforts based on the content of the SEC's , which was last updated on March 8th, 2023.
At the time of its initial token issuance, Changer conducted strict Know Your Customer (KYC) procedures and prohibited US citizens and residents, Singaporean citizens and residents, as well as citizens and residents of countries sanctioned by the US OFAC from purchasing tokens.
Changer's centralized alliance products allow KYC, which enables them to prevent the purchase or trading of Changer by citizens and residents of countries sanctioned by the US . Additionally, they fully prohibit individuals classified as high-risk by governments or international organizations worldwide from purchasing and trading tokens, even if they are not citizens or residents of sanctioned countries.
Changer strictly prohibits and condemns the trading of its tokens by unqualified individuals, and this principle will continue to be upheld and responsibly managed. However, it may be technically impossible to prevent secondary distribution in places where KYC is not feasible, such as DeFi and P2P transactions. Therefore, Changer aims to exert maximum effort within the scope of what is technically possible to identify high-risk traders and prohibit or reclaim token usage in DeFi and P2P transactions as technology advances.
Furthermore, if it is confirmed that an unqualified person has acquired and holds Changer through any means, Changer plans to develop a system that promptly notifies alliance products and partners in order to deny transactions with the wallet addresses associated with that trader.
Compliance with regulations related to digital assets is one of Changer's top priorities, and they will always strive to stay at the forefront of regulatory compliance within the limits of what technology permits.
[Disclaimer]
Digital assets are not legal tender and carry the risk of principal loss upon purchase. Changers are not securities such as stocks, bonds, or investment contracts and do not grant any rights to alliance products or operating entities. The purchase or holding of Changer should always be exercised with caution, and DFX Pte. Ltd. and its affiliates do not guarantee principal or provide any financial guarantees or warranties. All responsibility for the purchase and holding of tokens lies solely with the buyer. Changers are not linked to the success or failure of any business beyond simple marketing and promotional purposes.
The token overview, utility, manifesto, and circulation data are for reference purposes only and are not guaranteed or warranted to be accurate to anyone. All information presented here is subject to change without notice based on market conditions, regulatory environments, and business success or failure. The token circulation data is based on information available to the issuer, but it may not be accurate depending on the time of assessment and the aggregation method, and is therefore not guaranteed or warranted.
1) 2)
1) 2) 3)
Changer have been designed so that neither the issuer nor the holder can arbitrarily adjust the pre-announced Lock-up and Vesting periods. To transparently record all token distribution processes on the blockchain, temporary tokens have been issued for each type of holder.
All temporary token holders are able to deposit their tokens in the Vesting Portal, and they can claim the vested tokens at any time. By proactively practicing this fully decentralized and pre-programmed contract-based claim system, the circulating supply in the market can be predicted relatively transparently compared to other projects.
The circulation history and plans for each temporary token that can be claimed for Changer are as follows:
The strategic round allocation was initially allocated 10,000,000 tokens (5% of the total tokens) at the time of issuance. It was designed to have Vesting released at 1/12 per month, starting from April 2021, without a separate Lock-up period. Vesting for the entire allocation was released in March 2022.
The public round allocation was initially allocated 20,000,000 tokens (10% of the total tokens) at the time of issuance. It was designed to have Vesting released at 1/12 per month, starting from June 2021, without a separate Lock-up period. Vesting for the entire allocation was released in May 2022. (3,452,215 out of the 20,000,000 tokens that were not sold were burned.)
In accordance with the plan announced at the time of the initial token issuance, the issuer has reserved non-sale tokens for the future development of the Changer ecosystem. Here, we introduce how each reserve allocation has been utilized and will be utilized.
At the time of issuance, 110,000,000 tokens were allocated to the ecosystem (55% of the total tokens) for use in the development of Changer's ecosystem. These tokens were subject to a very long circulation period of 12 months lock-up and 48 months vesting.
As of the end of March 2023, which is 24 months after the initial issuance, 23.99% of the ecosystem allocation tokens, equivalent to 13.20% of the total issued tokens or 26,393,570 tokens, have been used or planned for use for the following purposes. However, only 6,598,393 of these tokens have been vested as of the end of March 2023, due to the long vesting period of the ecosystem tokens (ecoCNG).
As of the end of March 2023, the issuer's Vault contained 83,606,429 unused ecosystem tokens (ecoCNG). These tokens were allocated for the development of the Changer ecosystem over the next five years, according to the plan at the time of initial issuance. The tokens will be utilized for public purposes for at least another 36 months.
Public purposes for the use of ecosystem tokens include the following cases:
Changer is committed to using the unused ecosystem tokens (ecoCNG) for the development of the Changer ecosystem over the next five years, as initially planned during the token issuance. However, the company will not use these tokens for illegal activities such as solicitation to individuals or corporate brokers for listing, or any other purpose that violates legal regulations.
In cases where tokens cannot be used as payment due to legal reasons, they may be converted to cash. However, Changer will make every effort to minimize market impact by trading through OTC markets, and all related transactions will be recorded for transparency and accountability.
At the time of initial issuance, 30,000,000 tokens (15% of the total tokens) were allocated for the team & advisors as incentives. These tokens had a 6-month lock-up and a 30-month vesting period and were designed for Changer team members, as well as individual and corporate partners.
As of the end of March 2023, two years after issuance, 17,932,666 tokens, which represents 59.78% of the allocation, have been utilized. Out of this, vesting has been completed for 10,759,600 tokens or 60%.
However, only 2,100,000 tokens have actually been requested for payment and transferred to wallets as of the end of March 2023. The remaining vested tokens are still kept in the issuer's Vault and can be transferred at any time upon individual request. Unused tokens are reserved for future team members and entirely stored in the issuer's Vault.
All team & advisor tokens must be returned according to contract if the mandatory work or activity period is not fulfilled and the employee resigns or the contract is terminated. Therefore, some of the utilized tokens may be reclaimed, and these will be allocated to new employees and long-term employees, along with the unused tokens.
The CNG Token contract was developed to make it impossible to issue additional tokens (inflation) since initial issuance. Therefore, all unused and reclaimed tokens will be executed as conservatively as possible for the long-term success of the project.
At the time of initial issuance, 30,000,000 tokens (15% of the total tokens) were allocated to early backers as compensation for their contributions. These tokens were subject to a 6-month lock-up period and a 30-month vesting period.
Two-thirds of the early backer allocation were distributed to shareholders of Chain Partners, the parent company of token issuer DFX Pte Ltd. The remaining one-third was distributed to holders of DAY tokens issued by the Daybit exchange, developed by Chain Partners in 2018, provided they held their tokens until the service termination of the Daybit exchange in June 2021.
As of the end of March 2023, 92.46% or 27,738,235 of the total tokens have been utilized. Of these, 10,987,472 tokens have been requested and transferred to wallets, while the remaining 16,750,763 tokens are still stored in the issuer's Vault as no payment requests have been made.
Of the total utilized tokens, 60% or 16,642,941 tokens have completed vesting. Among the 10,987,472 tokens transferred to wallets, a total of 6,592,483 tokens have completed vesting and are available for circulation in the market.
As of the end of March 2023, the 430,895 tokens initially allocated but unclaimed by some early backers have been completely burned through this TX. Consequently, combining the unsold pubCNG burned tokens, the final available supply of CNG has been reduced by approximately 1.94%, from 200,000,000 to 196,116,890 as of the end of March 2023.
As of March 2023, 93,500,000 tokens have completed vesting, theoretically accounting for 46.75% of the total 200,000,000 issued tokens. (Nominal Circulation)
However, out of all the tokens that have completed vesting, only 64,000,933 have a designated owner or business purpose, which accounts for 32% of the total 200,000,000 issued tokens. (Real Circulation)
Out of these, only 45,290,876 tokens have been transferred to the actual owner's wallets, accounting for 22.65% of the total 200,000,000 issued tokens. (Market Circulation)
Even among these market circulation volumes, the actual tradable amount may be lower if you exclude less flexible volumes, such as long-term holders, liquidity providers through Uniswap or partner Harvest.finance, and CNG depositors at Mesher Center.
Tokens stored in the issuer's Vault can enter the market at any time, with a slight delay, upon the request of the holder. Therefore, calculating the accurate circulation based on Real Circulation is more prudent. The issuer's spreadsheet discloses the most conservative (i.e., theoretically maximum) 'Nominal Circulation', and the actual circulation may be much lower than this. Please keep this in mind when considering circulation figures.
[Warning]
Digital assets are not legal tender and carry the risk of principal loss upon purchase. Changers are not securities such as stocks, bonds, or investment contracts and do not grant any rights to alliance products or operating entities. The purchase or holding of Changer should always be exercised with caution, and DFX Pte Ltd. and its affiliates do not guarantee principal or provide any financial guarantees or warranties. All responsibility for the purchase and holding of tokens lies solely with the buyer. Changers are not linked to the success or failure of any business beyond simple marketing and promotional purposes.
The token overview, utility, manifesto, and circulation data are for reference purposes only and are not guaranteed or warranted to be accurate to anyone. All information presented here is subject to change without notice based on market conditions, regulatory environments, and business success or failure. The token circulation data is based on information available to the issuer, but it may not be accurate depending on the time of assessment and the aggregation method, and is therefore not guaranteed or warranted..
