PRV Price (Mar 18, 2020)
Price & Market Data
|Price||ROI||24H Volume||All Time High||ATH Date||All Time Low||ATL Date|
|$0.3852||390%||$2,966||$0.64||Dec 15, 2019||$0.10||Nov 26, 2019|
|Current Market Cap||Y+10 Market Cap||Y2060 Market Cap|
PRV Release Schedule
|Circulating Supply||Y+10 Supply||Y2060 Supply|
|4,171,176 PRV||64,375,714 PRV||100,000,000 PRV|
Currently, there is only 4% of the total 100M PRV supply in circulation. New PRV is minted for every new block mined – approximately every 40 seconds.
Proof-of-Stake networks often heavily pre-allocate tokens for the team, investors, and ICO. Incognito opts instead to design its block rewards similarly to Proof-of-Work blockchains like Bitcoin.
The following chart details a 40-year breakdown of how PRV will be released into circulation.
Block Rewards. 95M of the 100M PRV total supply is mined through block rewards. The total block reward for the first year is 8,751,970 PRV. Block rewards are reduced by 9% for every subsequent year. PRV will be fully mined after 40 years.
Incognito DAO. Incognito DAO collects a gradually reducing percentage of the block rewards, from 10% to 3%. With this income, Incognito DAO will fuel the growth of the network, fund interesting projects, and give the project longevity.
Team Purchase. 5M PRV is pre-mined and purchased by the Core Development Team for $1M, and has been used to cover salaries, server costs, operational expenses, and marketing activities. This 5M PRV is locked and released over 5 years.
Here is a closer look at the PRV release schedule for the first 5 years.
About 50% of all PRV in circulation is currently staked, demonstrating the community’s long-term commitment to the project.
|Required Stake Amount||Annualized Staking Yield||Total Staking||% Circulation Staking|
|1750 PRV||54.04%||2,054,500 PRV||50%|
Incognito mode for crypto
A lack of privacy threatens the entire crypto space. Incognito is a universal privacy hub that enables incognito mode for any blockchain. Incognito lets anyone buy, sell, invest and borrow cryptocurrencies with total privacy.
PRV is the fuel for Incognito
As Incognito is essential privacy infrastructure for the future of money, PRV’s value is determined by how much people value their financial privacy. The financial privacy movement is still in its infancy, but the world is beginning to wake up.
Mar 10, 2020
PRV Holder Presentation Q1 2020 ▸
Feb 8, 2020
Technical Whitepaper ▸
Inspired by the structures and principles pioneered by Linux and Wikipedia, Incognito adopts a community-driven development model. Development is not restricted to just the core dev team. Anyone can have a good idea, and anyone can get funded by the Incognito DAO to build it.
In this open model, idea generation, fundraising, development and decision making are public, dynamic, and ever-evolving.
How can I get the current PRV price?
What exchange does PRV trade on?
PRV is traded on pDEX.
What was the initial price of PRV?
PRV was first traded on pDEX on November 26, 2019. The initial price was $0.10.
Where can I find more details about PRV distribution?
What's your plan?
Here is the Incognito 2020 roadmap.
Where was Incognito incorporated?
Incognito is not a company. It is an open-source project that is being maintained and operated by its users.
Questions or comments? Email us at email@example.com.