The end of January marks the beginning of the implementation of the ATD V2 system, as announced last month.

Version 2 of the ATD consists of releasing a fixed number of tokens daily, at a rate published in advance, justified by the financial needs of the MESG Foundation and the utilization of the token.

This report outlines the daily rates for February, along with a financial report as means of justification.

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Financial Report

January 2020
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Early release next month

We intend on publishing these reports early in the month. This first report, however, comes at a delay due to the required compilation and consolidation of the foundation’s USD and token accounts over the previous months.

Re-locking tokens

An additional article will soon be released outlining the exceptional re-locking of some tokens owned by the MESG Foundation, along with records of the use of the MESG Token since February 2019.

ATD publishing schedule

ATD metrics will be divided into periods of one month. The Foundation will publish a report in the first week of the current month, outlining the following month’s daily rates alongside a financial summary for justification.

Announced rates only apply to the following month (next month), which in this case is February. The financial summary, however, covers the month previous to the current month (last month). This means each report will reference three months and there will be a delay between the announced rates and the application of those rates.

The table below explains the monthly releases:

Previous Month Current Month Following month
Financial summary covering the
month's financial activity
Publication of previous financial
reports and future daily ATD rates
Application of the
proposed ATD rates

ATD rates for February 2020

The table below shows the number of MESG Tokens to be released in February per day per wallet.

Date Sales Partners & Bounties Founders & Team Reserve Total per day
Feb 1, 2020 16,000 800 3,000 0 19,800
Feb 2, 2020 16,000 800 3,000 0 19,800
Feb 3, 2020 16,000 800 3,000 0 19,800
Feb 4, 2020 16,000 800 3,000 0 19,800
Feb 5, 2020 16,000 800 3,000 0 19,800
Feb 6, 2020 16,000 800 3,000 0 19,800
Feb 7, 2020 16,000 800 3,000 0 19,800
Feb 8, 2020 16,000 800 3,000 0 19,800
Feb 9, 2020 16,000 800 3,000 0 19,800
Feb 10, 2020 16,000 800 3,000 0 19,800
Feb 11, 2020 16,000 800 3,000 0 19,800
Feb 12, 2020 16,000 800 3,000 0 19,800
Feb 13, 2020 16,000 800 3,000 0 19,800
Feb 14, 2020 16,000 800 3,000 0 19,800
Feb 15, 2020 16,000 800 3,000 0 19,800
Feb 16, 2020 16,000 800 3,000 0 19,800
Feb 17, 2020 16,000 800 3,000 0 19,800
Feb 18, 2020 16,000 800 3,000 0 19,800
Feb 19, 2020 16,000 800 3,000 0 19,800
Feb 20, 2020 16,000 800 3,000 0 19,800
Feb 21, 2020 16,000 800 3,000 0 19,800
Feb 22, 2020 16,000 800 3,000 0 19,800
Feb 23, 2020 16,000 800 3,000 0 19,800
Feb 24, 2020 16,000 800 3,000 0 19,800
Feb 25, 2020 16,000 800 3,000 0 19,800
Feb 26, 2020 16,000 800 3,000 0 19,800
Feb 27, 2020 16,000 800 3,000 0 19,800
Feb 28, 2020 16,000 800 3,000 0 19,800
Feb 29, 2020 16,000 800 3,000 0 19,800
Total 464,000 23,200 87,000 0 574,200

Token release breakdown

This daily rate is consistent across each day of the month, with 19,800 MESG Tokens released each day. The total sales allotment of tokens for the month is 464,000 MESG, which is less than the average sales of the last three months, to prevent placing too much pressure on the market.

The total tokens to be released for partners and bounties is 23,200, which is around the same as bounties paid out in the month of November 2019.

Overall, a total of 524,200 tokens will be released for the month of February, 2020, which is less than the monthly average of 629,921.05 over the past 3 months.

Join the conversation

The push towards transparency was done with the community in mind, so feedback from our community will be essential to the process. We want to hear from you! All token holders are invited to join us on the forum to discuss these metrics and the future of the MESG Token.