Breakout Coin

Breakout Coin and Breakout Stake were distributed according to the following record:

• 3,372,506 BRK & BRX — First coin sale (complete)
• 6,627,494 BRK — Second coin sale (June 13, 2016)
• 6,627,494 BRX — Second-sale funding-target incentives and other future sales
• 2.5 million BRK & BRX — Founders, developers, and early contributors
• 7.0 million BRK — Marketing fund, which was made available to third parties as low-interest loans

At the genesis of the chain, 19.5 M BRK and 12.5 M BRX were created. While BRK is subject to about a 5% per-year interest rate by staking BRX, the BRX supply is fixed — no new BRX is ever created after genesis.

The 7.0 M Breakout Coin marketing fund was available for loans to third-party businesses at 0.5% interest, with repayment starting after one year. Loan disbursements were spread over several years, deferred using CHECKLOCKTIMEVERIFY. Loans — including interest and repayment — were denominated in BRK.

Coins from the marketing fund that were not under loan or in the marketing escrow were held in multi-signature escrow until they were included in a loan. Loans carried usage conditions meant to encourage adoption of BRK and growth of the BRK economy. The favorable repayment plans were meant to give startups and businesses that supported Breakout Coin opportunity for success.