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BFC

A total 4 billion BFC tokens were issued. 256 million BFC tokens are currently in circulation since our Uniswap listing on December 2nd, 2020 at 11 AM UTC. Two rounds of private sales were held in 2018 and 2019, and public sale was held in June 2020.

Of the total supply of BFC tokens, 20% is allocated for each of the following: Bifrost Reserve, Ecosystem, and Team. 4% is distributed to investors and the last 10.4% is used for marketing. BFC tokens for the Reserve, Ecosystem, Team, and Advisors will be distributed over a 5-year span, with a 1 year lock-up and a 4-year vesting period.

Founded on March 14, 2016, PiLab, a research-oriented software provider, was started by two professors to develop blockchain applications to solve social issues and business problems. In the process, they saw the potential and limitations of blockchain technologies. There were many protocols, all with their own strengths and weaknesses, and no way to combine them. So they created Bifrost, a technology platform that allows developers to easily build on multiple blockchains that truly enables multichain technologies.

As the CEO and co-founder of Bifrost, Dohyun Pak has developed and managed complex derivative products for financial institutions in the U.S. and Korea for over a decade. He received his PhD in financial engineering at the University of Michigan, Ann Arbor. Dohyun currently serves as a professor of mathematical finance at Gachon University.

JongHyup Lee, CTO and co-founder of Bifrost, currently serves as a professor of mathematical finance at Gachon University. After receiving his PhD in computer science at Yonsei University, he presented his research at top-tier conferences as a post-doctoral researcher under Dr. David Brumley at the CyLab at Carnegie Mellon University. He also co-founded PPP, the leading hacking team in the world.

Changhyun Yoo, COO and co-founder of Bifrost, graduated early from Seoul Science High School and went on to study Computer Science at KAIST. He has developed countless financial platforms for leading financial institutions for over a decade. Believing that the future of finance is in blockchain, he co-founded Bifrost, where he steers the diverse talents of the team.

Soso, CMO and co-founder of Bifrost, was previously a medical doctor and currently one of the leading cryptocurrency influencers in Korea. His passion for cryptocurrencies and expertise in blockchain led him to found Block Crafters Capital, a blockchain-focused venture capital, where he supported the growth for more than 30 companies. Today, Bifrost is a team of 30 with deep and extensive experience in finance and computer science, from quantitative trading and fintech development, to hacking and network security. Their advisors are from leading blockchain and technology organizations, including Coin Plug, Blockwater Management, Block Crafters, and KAIST Engineering.

You can buy BFC on Uniswap with trading pair BFC-ETH.

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