387,240,275 ERC Saito have been moved from the Seed and Private Round Vault for distribution to Investors. We are glad to get these tokens to our supporters and thank them for their continued contribution to Saito.
Not all funds will be vested immediately. We would kindly remind anyone who has been sent and has yet to respond to a conversion request or confirmation emails that our Terms and Conditions require active response and that distribution may be delayed. We plan to process late responses on a weekly or bi-weekly basis to prevent late submissions from creating an unnecessary processing burden on our admin.
No SAITO have been distributed for other reasons since our previous update.
Vesting disbursements resulted in an 28% increase in resulting supply.
These tokens will be held in the Saito Holding Token Vault and are included in the Circulating Supply calculations.
An update will be provided on token distribution at the next substantive change.