Details

Initial distribution

Here are the actions, starting with our existing time bank, and how other forms of community engagement factored in. To get an understanding of the different types of Ampled members, feel free to dive into some of the documentation on how the co-op works.

Action

Tokens Rewarded

Ampled Worker-owners

x tokens each + x tokens per hour (based on the time bank)

Ampled Contributors

x tokens each + x tokens per hour (based on the time bank)

Artist-owners (Artists with 10+ supporters)

x tokens each

Community Members (people who support Ampled through our community page)

x tokens each

Total initial tokens rewarded: 1.5MM

***Ideally, this would end up close to (2/5, 2/5, 1/5)

*pie chart of the breakdown

Ongoing distribution

There are 10MM $AMPLED tokens total. Here's how we plan to distribute them over the next 10 years.

10 year plan

Each season, the Ampled treasury will outline bounties and rewards for community engagement. Over time, the amount of Ampled tokens budgeted per season will decrease, at an targeted rate of 5% per season.

Here's how this may look:

Season

Approx Distro

Total Distro

Season 3

356,250

1,856,250

Season 4

338,438

2,194,688

Season 5

321,516

2,516,203

Season 6

305,440

2,821,643

Season 7

290,168

3,111,811

Season 8

275,659

3,387,470

Season 9

261,876

3,649,347

Season 10

248,783

3,898,129

Season 11

236,344

4,134,473

Season 12

224,526

4,358,999

Season 13

213,300

4,572,299

Season 14

202,635

4,774,934

Season 15

192,503

4,967,438

Season 16

182,878

5,150,316

Season 17

173,734

5,324,050

Season 18

165,048

5,489,097

Season 19

156,795

5,645,893

Season 20

148,955

5,794,848

Season 21

141,508

5,936,356

Season 22

134,432

6,070,788

Season 23

127,711

6,198,498

Season 24

121,325

6,319,823

Season 25

115,259

6,435,082

Season 26

109,496

6,544,578

Season 27

104,021

6,648,599

Season 28

98,820

6,747,419

Season 29

93,879

6,841,298

Season 30

89,185

6,930,483

Season 31

84,726

7,015,209

Season 32

80,490

7,095,699

Season 33

76,465

7,172,164

Season 34

72,642

7,244,806

Season 35

69,010

7,313,815

Season 36

65,559

7,379,375

Season 37

62,281

7,441,656

Season 38

59,167

7,500,823

Season 39

56,209

7,557,032

Season 40

53,398

7,610,430

Treasury & management

Our current treasury consists of several members that span different constituencies at Ampled.

  • Austin Robey (Worker-owner)

  • Blair Gardner (Worker-owner)

  • Nicole d'Avis (Community Member)

  • Jonathan Mann (Artist-owner)

Treasury role:

The role of the treasury should develop over time. The treasury responsibilities have been baked into our Decision Making Matrix, and will meet regularly to:

  • review bounties

  • issue rewards

  • review and revise both the ongoing bounties, as well as the retroactive rewards.

Security:

The $AMPLED tokens are help in a multi-signature safe with each treasurer as a signatory. Through using hardware wallets, and using multi-signature approvals, we are following best practices for safety