ALEO
No. 279Introduction
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1.Project introduction
The Aleo Network allows unaffiliated nodes — individual computers, phones, and other devices — to work together to update a ledger. This ledger is used to maintain records: encrypted data owned by end-users, and mappings, public shared data owned by programs.
Aleo uses zero-knowledge technology to help companies and developers build applications that update the ledger without sharing personal data with everyone else on the internet. It provides a way for people to show “proof” that something is true, without revealing any extraneous information more broadly.
2.Investment institution
Series B: Kora*, SoftBank Vision Fund*, Andreessen Horowitz, Tiger Global, Samsung Next, Slow Ventures, Sea Capital
Series A: Andreessen Horowitz*, Coinbase Ventures, Galaxy, Variant Fund, Placeholder, Polychain, Ethereal Ventures, Slow Ventures, Scalar Capital, A.Capital, Dekrypt Capital, ZKValidator, Aluna.Social, Balaji Srinivasan
3.Token application and distribution
Token application:
- Access to the network
- Staking
- Governance
Token distribution:
Initial Distribution:
- Early Backers: 35%
- Public Distribution: 25%
- Company / Foundation: 16%
- Employees & Contributors: 16%
- Strategic Partners: 8%
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