What is the Wave Auction distribution curve?

The Wave Auction (WA) model is a token distribution system for the HollaEx token that follows the Innovation Adoption Curve.

Figure 1: The Wave Auction follows the typical adoption curve where early adopters slowly come in and as the market gains knowledge and trust in the system the late majority follow up which will be the time the token supply in the market will greatly increase. Space between the dotted line and the blue line shows the possible random amount range.

The WA system automatically releases the supply of the token in waves. In the middle of the wave auction there is a peak with large quantities of tokens being distributed and then quickly tapers off (see figure 1 above).

Although the amounts distributed are random, the amounts distributed long-term will follow a predictable curve (see figure 1) designed for the smooth market adoption for both the HollaEx token and the HollaEx Kit which requires the token.

The Second Wave Auction (orange) will distribute the remaining tokens.

There will be 2 WA's each running for 500 days, totaling a long public sale of approximately 1,000 days, being the longest known token public sale in crypto history.

For detailed information on the Wave Auction distribution curve visit the white paper page under 'Distribution'.