Wealth distribution of ICN and other tokens

Matija Mazi
2 min readSep 30, 2016

A good measures of wealth distribution are Lorenz curve and Gini coefficient derived from it. Let’s have a look at these for ICONOMI and some other ICOs.

Here’s Vitalik’s post for the Ethereum crowd sale, including an explanation of the Gini coefficient; this includes the calculated Gini index for Ethereum but no Lorenz curve, and some old estimates of the Gini index for Bitcoin:

Here’s some recent data for Bitcoin; not the Lorenz curve, but a similar chart with axes swapped (and pseudo-logarithmic x-axis):

And here’s the Lorenz curve for ICONOMI’s ICN:

ICN Lorenz curve after ICO

Note that this excludes all EUR and USD data, and that it treats all 6,700 addresses used for BTC, ETH and LSK funding as separate entities, while there were really only 3,451 investors. As I noted in another article, the biggest investor could actually own at least $280,000-worth of ICN (not about $150,000 as implied by this chart).

The Gini coefficient for ICONOMI, as calculated by Gini Coefficient Calculator, is 0.85313.

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