Andy Little

Update on the Elons token circulation and distribution.

The Elons tokenomics have been under speculation for a while now, with the token itself not being seen as decentralised with more then 530 Elons being held in the team wallet.

To rectify the decentralisation problem we are going to slowly introduce 34 Elons into the circulation supply. We will burn 400 Elons and place 100 into a reserve for future art works and development.

The total supply of the Elons project will be 600 tokens with 500 in circulation from 01/10/2021.

We hope this answers the questions of decentralisation, and make Elons more accessible to all users.

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