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Nervos Network - CoinList
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Nervos CKByte Token Sale
The only multi-asset and store of value blockchain for the new crypto-economy
24 October 2019
The Nervos CKByte Token Sale has ended

About Nervos

The Nervos Network is an open source public blockchain ecosystem and collection of protocols solving the biggest challenges facing blockchains today.
The Nervos CKB (Common Knowledge Base) is the layer 1, proof of work public blockchain protocol of the Nervos Network. Any crypto-asset can be stored, with the security, immutability and permissionless nature of Bitcoin, while enabling smart contracts, layer 2 scaling, and the capture of total network value through a unique crypto-economic "store of value" design and native token, the CKByte.
The design of the Nervos Network is a sustainably secure, permissionless and decentralized Layer 1 blockchain that is built to scale with Layer 2 solutions, making Nervos the only PoW, multi-asset, store of value, smart contract platform.
A sustainable multi-asset, store of value blockchain

A sustainable multi-asset, store of value blockchain

Maximally secure, permissionless, and censorship-resistant

Maximally secure, permissionless, and censorship-resistant

A layer 1, specifically built for layer 2 scaling solutions

A layer 1, specifically built for layer 2 scaling solutions

Native token aligns the interests of all network users

Native token aligns the interests of all network users

Investors

Nervos has previously raised $28m from the most respected funds in crypto
Ckb layers

Nervos CKByte

The CKByte (Common Knowledge Byte) is the native token of the Nervos CKB. The CKbyte represents ownership of the Common Knowledge Base blockchain and is used as a store of value and for resource management. Equivalent to owning land, the CKByte is used to store assets, smart contracts, and other types of “common knowledge.” You can choose to rent out your space, or simply “hodl” in the Nervos DAO for value preservation.
The CKbyte scales with value creation through other tokens, assets, data and smart contracts deployed on the network. As the Nervos network grows, so does the demand for the CKByte token. It is this innovative crypto-economic design that ensures the network’s "store of asset" properties, aligns all participants, and secures the network’s future indefinitely.
Learn More About CKByte
Nervos dao

Nervos DAO

The Nervos DAO is an inflation shelter from secondary issuance used to manage state storage and provide sustainable incentives for miners. Store of Value users can lock their tokens in the Nervos DAO and receive interest in proportion to this inflation. In this way your tokens are never diluted beyond a fixed cap.

Token Distribution of the Genesis Block

Nervos token distribution 2
See further details around token distribution here and an explanation of the 25% burn here.

Token Economics & Issuance Schedule

Initial circulating supply market cap will be around 36.8% of the initial total supply, for around 123.76 million USD.
Initial supply

33.6B CKB in genesis block, with 8.4B CKBytes immediately burned

Base issuance

33.6B CKB in total will be issued. Annual base issuance halves every 4 years

Secondary issuance

1.344B CKB per annum

Nervos token issuance 2

Team

The Nervos Network was founded in January 2018 and is being built by a team of developers with deep roots in the crypto space. Past projects built by core team members include Ethereum clients (ruby-ethereum and pyethereum), Spark Pool, imToken, CITA and Peatio and core protocol research and development for Ethereum and Bitcoin.
Learn more about the Nervos Team