News and Announcements

Allvor Initial Distribution reaches 45 XRP millionaires

Summary shows that 45 XRP holders have received payments of 1,000,000 ALV.

Data from the Allvor Initial Distribution Program show that 45 XRP millionaires have received payments of 1,000,000 ALV, the maximum payment amount under the Program’s rules.

To receive 1,000,000 ALV, these users had more than 765,385 XRP in their Ripple accounts on March 27, 2018. As a quick comparison, currently, there are only 1,346 Ripple accounts with more than 1,000,000 XRP 1, including the accounts of dozens of exchanges and the institutional accounts from the Ripple Company.

This and other interesting data can be seen in the summary table of the Allvor Initial Distribution Program payments (below).

Most payments, however, are based in the range of up to 10,000 ALV. There were 4,063 payments, representing 78.9% of the Program payments. These are Ripple accounts that had up to 3,846 XRP on March 27, 2018. This aggregate is a bit smaller than the one of the total number of Ripple accounts in the similar range. Currently, 92.7% of Ripple accounts have less than 5,000 XRP 2.


Payment Ranges Number of Program Payments Sum of Payments (ALV)
1 million ALV 45 45,000,000.00
800,001 to 999,999 ALV 8 7,224,490.07
500,001 to 800,000 ALV 30 19,688,013.44
200,001 to 500,000 ALV 84 26,361,017.38
100,001 to 200,000 ALV 102 14,426,983.71
50,001 to 100,000 ALV 164 11,753,808.59
10,001 to 50,000 ALV 652 13,698,517.84
Up to 10,000 ALV 4,063 22,233,598.45
Total 5,148 160,386,429.48

In less than two months since the launch, 160.3 million ALV have already been distributed to 5,148 users. The average value of payments is slightly rising in recent weeks and has reached 31,155 ALV per user.

During this period, the transaction volume in the XRP Ledger has reached a total of 126.2 million ALV, with a daily average of 1,971 million ALV.

Source: (1) and (2) By @WietseWind

Deprecated: Directive 'track_errors' is deprecated in Unknown on line 0