History & Fair Launch

ICHI History since genesis and Fair Launch Details

The ICHI platform has been governed by the community from the first block:

  • No pre-sale

  • No ICHI compensation to core team until 3 months after launch.

  • 5M ICHI HARD CAP - All 5M went to Farming Contract

  • ICHI halvings are scheduled by community vote

  • ICHI is farmed to the ICHI Community Treasury, any unallocated ICHI is returned to farming contract

  • Ichipowah controls ICHI Community Treasury, to be allocated towards platform maintenance and upgrades

  • Ichipowah is calculated by staked ICHI

Key Milestones

For history on all proposals suggested and passed by the community visit ICHI's Snapshot.

Date

Milestone

April 22nd, 2021

ICHI passes a proposal to accept a grant from Moonbeam (Polkadot parachain) and begin making ICHI a multichain asset.

March 26th, 2021

ICHI passes a proposal to partner with 1inch and provide $1MM 1INCH-ICHI Liquidity Deal for the ICHI-1inch farm

March 5th, 2021

oneToken Release: oneVBTC on Ethereum mainnet for the strudel.finance Community.

February 5th, 2021

oneToken Release: oneWING released on Ethereum mainnet for the wing.finance Community.

December 26th, 2020

ICHI Community extended an ecosystem grant to Accomplice Blockchain and Collider Ventures:

Milestones:

  • $1.5mm funding round starting at $15m valuations, or ICHI market cap of $100mm fully diluted- should the community decide not to raise capital - 2% total supply.

  • 0.5% when 100mm oneTokens in circulation within 18 months, 0.1% bonus for every additional 77mm (max 1% total).

  • 5 collaborative listings on top 31 DeFiPulse projects, for a minimum 60 consecutive days - 1% of total supply (excludes Suhiswap)

  • 20 oneTokens issued with top 200 on CMC within 18 months - 1% total supply

November 30th, 2020

oneToken Release: oneLINK released on Ethereum mainnet Block 11360000 for the Chainlink Community.

November 22nd, 2020

oneToken Release: oneBTC released on Ethereum mainnet Block 1131000 for the Bitcoin community.

November 15th, 2020

5,000,000 ICHI were transferred to ICHI farming contract

  • 50% to regular farming

  • 50% to bumper crop farming

oneToken Release: oneETH released on Ethereum mainnet Block 11260000 for the Ethereum community.

November 13th, 2020

5,000,000 ICHI were minted - additional minting is impossible

  • ICHI token contract has no owner and no governance

  • No way to generate new ICHI tokens

  • No opportunity to new minters