MimbleWimbleCoin (MWC)
Unlock Schedule
MimbleWimbleCoin (MWC) Token Unlock & Vesting Schedule
The unlock chart above provides a clear visual overview of the MimbleWimbleCoin (MWC) token release schedule, showing when and how tokens enter circulation across investor, team, treasury, and community allocations. Understanding these tokenomics dynamics is critical for evaluating potential supply pressure, inflation impact, and market liquidity over time — key factors that can influence MWC price performance.
Each color segment in the chart corresponds to a specific allocation group described in the Allocations section below. Underlying assumptions and data models used to reconstruct this schedule are explained in detail under Assumptions, while broader utility insights and token use cases are covered in Tokenomics & Utility.
Tokenomics & Utility
MimbleWimbleCoin tokenomics
MWC has a provable fixed cap. The design split the supply across a mineable portion and a genesis allocation. At launch, the genesis coins were earmarked for an airdrop to Bitcoin holders, a developer fund, and HODL rewards. Over time, the developer and unclaimed airdrop balances were distributed to users, and the HODL program was retired via a later wallet update. Ongoing issuance comes from proof‑of‑work mining, with block rewards decreasing over time until the cap is reached. Together, these choices shape a simple long‑term supply curve and a scarcity profile that many readers look at when comparing MWC price trends over the years. (mwc.mw)
What the MWC token does
- Medium of exchange: The MWC token aims to function as day‑to‑day digital cash with default privacy.
- Fees and security: Transaction fees and block rewards incentivize miners who secure the chain.
- Atomic swaps: Built‑in swap tools allow peer‑to‑peer exchange between MWC and other assets directly from the wallet.
- Proof of ownership: The viewing key/proof feature lets users show control over funds when needed, without exposing their full history. (mwc.mw)
Assumptions
- PoW issuance to date split into pre‑halving (2019-11-19 to 2024-02-12) and post‑halving (2024-02-12 to 2025-10-12) using explorer data.
Explorer API provides current height, total supply, and current per‑block reward (0.05). We compute post‑halving issuance as blocks_since_halving × 0.05 and back‑solve pre‑halving issuance.
- Future PoW emissions modeled as a straight‑line schedule to the 10,000,000 MWC PoW cap ending 2119-11-19.
Public docs confirm a 20,000,000 max supply with 10,000,000 mined via PoW and 1‑minute blocks but do not publish a complete future reward schedule; an event post confirms a halving to 0.05 MWC/block in Feb 2024. To render a cumulative chart, we approximate the remaining issuance linearly; this is a placeholder for visualization, not a prediction.
- BTC airdrop modeled in two parts: initial claims through 2020-01-02 and unclaimed portion redistributed during Sep–Oct 2020.
Official site confirms a 6,000,000 MWC airdrop to BTC holders with registration cutoff July 19, 2019; a later announcement specifies 232,113 MWC unclaimed, redistributed alongside dev‑fund remainder. Exact day‑by‑day claims are not public.
- HODL Program distribution modeled linearly from mainnet to Oct 26, 2020.
Project page states 2,000,000 MWC were allocated to the HODL Program and that the HODL Program was fully distributed by Oct 26, 2020; detailed round timing not fully enumerated publicly.
- Genesis developer allocation treated as entering general circulation by Oct 26, 2020.
A 2020 post specifies a redistribution of the remaining dev fund (2,061,667 MWC) and unclaimed airdrop to holders. Another page notes the developer allocation was distributed at genesis; we prioritize the dated redistribution event to place a latest‑possible unlock into general circulation.
- Genesis/mainnet date taken as 2019-11-19 (first block mined).
Listed on the project's dashboard site (mwcprice.com), which links to official resources.
- 1. https://mwc.mw/news/release-offline-secure-storage-of-mimblewimble-coin
- 2. https://www.mwc.mw/good-money
- 3. https://mwc.mw/news/mwc-decentralization-distribution-of-dev-fund-and-unclaimed-airdrop-fund
- 4. https://docs.mwc.mw/node/introduction
- 5. https://explorer.mwc.mw/GHs
- 6. https://explorer.mwc.mw/total_supply
- 7. https://www.mwcprice.com/
- 8. https://coinmarketcal.com/en/event/mwc-halving-199917
Allocations
Description
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MimbleWimbleCoin (MWC) is a privacy-focused cryptocurrency that implements the MimbleWimble protocol, enhancing transaction confidentiality and network scalability. MWC uses a proof-of-work mechanism and aims to provide secure, private, and scalable digital transactions.
| Sector: | Payments |
| Blockchain: | Other L1 |