Less Than 1% Of EOS Addresses Hold 86% Of The Tokens

The EOS initial coin offering (ICO) finished last week, raising more than $4 billion. Block.one also fulfilled its promise to release EOSIO 1.0 which is the first (and Block.one’s only) version of the EOS mainnet software.

Block.one won’t be participating in the mainnet launch, which means that other launch groups have prepared to distribute EOS tokens purchasing during the crowdsale phase to their owners in the network’s Genesis block.

One Reddit user compiled data about wealth distribution within the nascent EOS ecosystem. Meanwhile, many EOS investors chose to move their tokens to cryptocurrency exchanges prior to the snapshot – all in order to ensure that they received coins on the new chain. Also, many of the largest addresses belong to exchanges, even to a greater extent than most other cryptocurrencies.

On top of this, many users may have registered tokens to multiple addresses. With this, here is how wealth will be distributed among addresses when the mainnet launches:

• The launch will be with 163,930 registered EOS addresses, all of which holding a positive balance
• The 10 wealthiest EOS addresses currently hold 496,735,539 tokens (49.67% of the total supply)
• At least 100 million tokens ($1.4 billion) are held by Block.one which makes 10% of the cryptocurrency’s total supply
• The remaining 162,930 EOS addresses (99.4% of all of them) hold just 138,570,296 tokens or 13.86% of the total supply

A clearer picture of the wealth distribution in the EOS network will emerge in the weeks following the stable mainnet launch.