The super parallel computer project ao announced that it plans to issue the token AO. The specific details are as follows:
1. AO will be 100% fair. Zero pre-mining, zero pre-sale, zero discounts, etc.
2. Each token will be minted by bridging AO and holding AR.
3. The total amount is 21 million, with a 4-year halving cycle.
The token economics and genesis event is scheduled for 11:00 EST on June 13, and a new non-profit organization will launch AO based on this mechanism. Note that people in the United States and sanctioned jurisdictions will not be able to mint AO tokens through the bridge network.