Geographical Distribution of TOKEN SALES Russia Canada Estonia $235,645,439 $178,179,428 $150,091,116 UK Lithuania $489,933,552 $271,306,113 Germany $110,487,179 China USA Switzerland $491,401,737 $1,600,497,754 $555,638,503 Korea Israel $382,019,041 $245,862,871 Gibraltar $157,254,525 Hong Kong $272,136,161 Singapore $657,629,032 From a $ 4,000,000,000 Overview of capital raised in token $ 3,000,000,000 sales globally Legal Domicile (based on $ 2,000,000,000 3 legal domicile) Perspective $ 1,000,000,000 2017 $ 0 2018 Source: Token Data Europe Asia Americas 3 The EOS token sale has been excluded due to the outlier nature of its size. The EOS token sale had its legal do- micile in the Cayman Islands. 16 17
State of the Token Market Page 15 Page 17