As we continue to make significant strides in our journey, we’d like to share an in-depth look at our token supply and valuation. We value the active engagement and discussions within our community, and we believe in maintaining a high level of transparency and open communication.

In this blog post, we will provide a comprehensive overview of our token economics, addressing the key questions raised by our community. Our aim is to offer clarity and insight into the strategic decisions behind our token supply, underlining our unwavering commitment to the long-term success of the DOP project.

Reflecting on Our Shared Journey

Firstly, we’re immensely grateful for your unwavering support. Your enthusiasm has been pivotal in our journey, leading to significant milestones over the last few months. Together, we’ve built a strong foundation for the remarkable path that lies ahead for DOP, which has become a project of global scale and impact.

Our Achievements and Vision Forward

DOP is more than a blockchain project; it’s a trailblazer in privacy protocol innovation. Our commitment has garnered the participation of an impressive 2.67 million users in our testnet, setting the stage for an impactful Mainnet launch. Our goal is to create a groundbreaking product that will become a staple for blockchain enthusiasts globally, opening up limitless possibilities.

Clarifying the Token Supply Discussion

The topic of our token supply, specifically the 38 billion figure, has sparked considerable discussion. We want to address this openly: The determination of our token supply was not a subjective decision but the result of rigorous calculations. These calculations took into account two key factors:

1. The overwhelming demand we witnessed during our private sale, where we sold 7,003,305,371 tokens to 33,574 holders in 51,707 transactions.
2. After reviewing the number of testnet participants and those who are eligible for rewards, we’ve decided to allocate a significant portion to the 2.6 million users who registered and used our testnet, making them an integral part of the vast community we’ve built. To this purpose, we have allocated 4,524,496,241 tokens for a special round exclusively for testnet users, under favorable conditions, as a token of appreciation for their early and impactful engagement. This is in addition to increasing the allocation for those who completed the testnet and are eligible for the airdrop.
   
   Together, these two components form the basis for the total supply. This approach ensures that our token supply accurately reflects the demand and participation levels, setting a solid foundation for our project’s future.

Data Overview

• Private Sale & Presale Tokens Sold: 7,003,305,371 tokens
• Testnet User Round Allocation: 4,524,496,241 tokens
• Total Rounds Allocation: 11,527,801,611 tokens
• Total Supply: 23,370,186,853 tokens
• Private Sale Holders: 33,574
• Private Sale Transactions: 51,707

Adjusting Total Supply Based on Testnet Participation 

It’s important to note that the announced total supply is provisional, representing the maximum if 100% of the allocations to testnet users are utilized. The final total supply will be determined after the sale round for testnet users, with any unutilized allocations being promptly burned. This responsive mechanism ensures our supply accurately mirrors actual usage and community engagement. 

What This Means for DOP

The funds raised are intended to advance the project and bring our vision to life. Our token economy was designed in accordance with the Fair Mode guidelines for token economies set forth by Binance, which we consider to be one of the most respected and influential institutions in the crypto space today. By adhering to these guidelines, we aim to achieve the biggest and best partnerships.

While we aim for full engagement and utilization of allocated tokens, our primary goal is to ensure that the total supply aligns with actual demand and community support. Our current circulating supply places DOP within the top 160-180 projects, with a market cap of approximately $500-600 million. Considering the size of our community—one of the top 20 globally—and our project’s technological potential, we see significant room for growth. 

We are confident that, with your continued support and participation, DOP has the potential to ascend much higher in the rankings, truly reflecting our value and innovation.

Forward, Together

The technology underpinning DOP is set to redefine data ownership and security within the blockchain space. Our dedication to our community and to shared success has never been stronger. Your voice and participation are not just valued; they are essential. We’re not just building DOP; we’re building it with you and for you. Let’s continue this collaborative effort and embrace the promising future we’re creating together.

Stay tuned for more updates, and thank you for being the heart of DOP.