Rowan
Rowan Token Details

The Rowan is the functional token of the Sifchain network.
Total Rowan:
1 Billion

Investment Rounds
Name
Percentage
Token Price
Raise Amount
Fully Diluted Market Cap
Lockup
Private R2
4.5% (45M Rowan)
$0.03
$1,350,000
$30M
0% for first month after launch of Sifchain mainnet, 1/12th per month for 12 months thereafter
Private R1
24% (240M Rowan)
$0.0125
$3,000,000
$12.5M
0% for first month after launch of Sifchain mainnet, 1/12th per month for 12 months thereafter
Seed
4% (40M Rowan)
$0.0125
$250,000
$6.25M
0% for first month after launch of Sifchain mainnet, 1/12th per month for 12 months thereafter
Ecosystem
26.5% (265M Rowan)
TBD
TBD
TBD
Dependent on Sifchain Core Team at the launch of BetaNet and SifDAO over time
Team
10% (100M Rowan)
0% for first month after launch of Sifchain mainnet, 1/12th per month for 12 months thereafter
Team Reserve
24% (240M Rowan)
0% for first month after launch of Sifchain mainnet, 1/12th per month for 12 months thereafter

*Note: The lockup countdown for the seed and private rounds, and the team and team reserve starts at mainnet, not BetaNet (which launches alongside the public round). During BetaNet, the tokens cannot be sold as BetaNet time does not increment the lockup countdown. However, the tokens can be used to delegate and collect validator income, which makes them useful for securing the network during BetaNet.

** Under Reconciliation

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