lantah
T
Teragram
trillion
G
Gigagram
billion
M
Megagram
million
K
Kilogram
thousand
gram
base unit
m
milligram
thousandth
µ
microgram
millionth
the smallest divisible unit is a microgram.
there is a total supply of 1 Teragram (1 trillion grams).
metric prefixes can be used to specify denominations.
Below are the various funds supporting Lantah. Anyone can observe our progress towards our goals, more or less in real time, using the links provided.
The Lantah Century Fund
Current Balance: 900,000,000,000g
estimated years remaining: 100+
A century-long fund that supports Lantah. The Fund is split into 9Gg annual amounts to be used for various purposes, including funding development, maintenance, support, venture-capital, and public benefit campaigns.
Assets in this wallet are currently managed solely by Lantah until all establishment requirements have been met and completed by The Lantah Century Fund Board of Trustees.
Development
Current Balance: 19,994,978,991.009200g
Lantah uses Grams from the development fund to directly build, maintain, and advocate the for the Lantah ecosystem. Lantah may sell it's Grams through direct sales, partnerships, or using public exchanges. This fund pays for employee salaries, rent, overhead, travel, servers, and other costs.
15Gg
Network Growth
Current Balance: 15,000,000,000g
Lantah provides support to teams, developers, and other projects that are strengthening the Lantah ecosystem. Anyone can submit a proposal by following the steps outlined on this application page. Periodically, the Lantah Grants Committee will evaluate applications, and follow up with those that meet current standards and fulfill current ecosystem needs.
Network Support
Current Balance: 15,000,000,000g
Distributions could be through various means including off-set fees incurred by the user or by the project, airdrops, competitions, or in other creative ways. The goal is to put more Grams into the hands of real users. The fund may also be used to provide marketing, PR, and communications for Lantah itself and for the projects building on the Lantah Network. Lantah will source its own candidates for the Network Investment Fund.
Public Benefit
Current Balance: 15,000,000,000g
Fifteen percent of the Lantah's initial seed budget is set aside for direct investment in science, conservation, and charity. Lantah may directly conduct scientific research and development, humanitarian efforts, conservation programs, and other causes which fall in-line with Lantah's mission, or it may issue grants for other organizations to do the same.
Anyone can submit a proposal by following the steps outlined on the application page (coming soon). Periodically, the Lantah Grants Committee will evaluate applications, and follow up with those that meet current standards and fulfill current public needs.
Enterprise Fund
Current Balance: 30,000,000,000g
On occasion, Lantah will create or acquire businesses and products to fill gaps we perceive in the ecosystem. The Enterprise Fund is a venture-style fund for growing the network and will not be distributed as grants. They will be used to invest in, acquire, or start businesses that have potential for the Lantah ecosystem.
Any proceeds from investments will be cycled back into Lantah. Grams might be directly invested into projects or Grams might be sold for currency to invest. Lantah will sources its own candidates, there is no public application for the Enterprise Fund.