Total Supply Reduced. Rewards Program Participants’ Coins Now Available
After extensive testing, we have fully integrated our main smart contract and have aligned it with the final economics summarized in this blogpost.
The official OPU Coin contract address is: https://etherscan.io/token/0x65e3c4a750a2e7cc7cce86d01587bbcbbe99042e
All other similarly named contracts which were used for testing have been superseded by this contract address. Never accept OPU coins which are associated with any address other than this one.
We have also begun distributing OPU Coins to the various members of the community who have purchased or earned them. Today we are releasing the tokens to the Opu Rewards Bounty Program program participants. Other categories of OPU Coin holders will follow.
Lifetime Supply Reduced
Taking into consideration the recent level of market capitalization in the digital asset markets, we made a decision to cut the total supply of OPU in roughly half to 1.50 billion from 2.70 billion. Minting has been completed and all further minting functions have been perpetually terminated for our ERC-20 token. Therefore, 1.5B OPU is now the permanent lifetime supply of OPU.
Revised Allocation
The revised full allocation for OPU has been updated to reflect the new and lower supply cap.
| Holder Block | Tokens | % of Pool | Unissued | Status |
|---|---|---|---|---|
| Public Sales | 550.0M | 36.7% | 85.7% | Tokens sold during the pre-sale are locked until Dec-20-2019. Tokens sold via retail sales will be available for use immediately on the OPU Marketplace |
| Company/Team | 550.0M | 36.7% | 17.6% | Locked until Mar-2019 / Vest monthly until Dec-20-2020 |
| Partners | 175.0M | 11.6% | 14.2% | Locked until Dec-20-2019 / Vest monthly until Dec-20-2020 |
| Rewards | 150.0M | 10.0% | 43.4% | Will be available for use immediately on the OPU Marketplace |
| Cold Storage | 75.0M | 5.0% | 100% | Locked until Dec-20-2020 |
| Total | 1.5B | 100.0% |
Tokens Now Available for Opu Rewards Bounty Program Members
We have started distributing hot tokens to the OPU Rewards Bounty Program members. These tokens are now available on the platform but will remain locked until the Opu Marketplace is launched and the user account is activated.
To receive your OPUs you must register the external ETH wallet which you used to register for the Bounty program and then transfer at least 0.005 ETH to your internal OPU Wallet address from this address.
Instructions for Activating Wallet and Transferring Tokens to the OPU Ethereum Wallet
Please follow the instructions below to claim your OPU (Bounty Program Members):
- Login to your OPU account at http://opu.ai . If you do not have an account yet, please create a new one.
- Go to the Opu Wallet (see left menu).
- Register your external Ethereum wallet address which was registered with the Bounty Program managers.
- Send at least 0.005 ETH to your OPU Wallet Address from the external Ethereum address registered in Step 3.
- After you have confirmed that the transaction succeeded, check your OPU wallet to verify that the ETH was properly received.
- Your OPU will be deposited to your OPU Wallet address. Please allow up to 24 hours for the transfer to complete. Note: the 0.005 ETH token balance will be used to cover any gas charges.
- You are now ready to utilize your OPU Coin balance and will be able to utilize when making purchases with the upcoming Opu Marketplace.
New Scan Tracking and Compare Features
We have also released a new facial scan tracking feature which allows you to see your scan history and compare before and after results. This is a preview of one of the new features that will be in the iOS and Android app release.
Upcoming Releases
- Airdrop and General Account Holder token releases
- Opu Marketplace
