112 August 2026Complete
Foundation incorporated
Own Token Foundation was incorporated as a Cayman Islands foundation company, number CR-438575.
Cayman Islands Registrar of Companies record, CR-438575
One billion OWN. Created once.
OWN’s facts, recorded by the Foundation: what exists, who received it, when part of it is released and how to check it all yourself.
The first Lease-to-Own token
This page holds the facts of OWN, the first token built for Lease-to-Own, and its trace, step by step. The story is on the LTO page.
OWN at a glance
- Name
- OWN
- Standard
- ERC-20
- Network
- Ethereum
- Total supply
- 1,000,000,000 OWN (total supply)
- Created
- Once, in a single Genesis mint
- Contract powers
- None to mint, burn, pause, upgrade, blocklist, recover or force a transfer
- Issuer of record
- Own Token Foundation
Where the billion went
All 1,000,000,000 OWN went to four recipients in the Genesis mint. 500 + 400 + 60 + 40 = 1,000 million OWN. There is no unallocated fifth reserve.
| Allocation | OWN | Share | Recipient | Release at Genesis |
|---|---|---|---|---|
| Evergreen | 500,000,000 | 50% | BitLease Capital Ltd, Inventory Pool (access inventory) | Unrestricted, no lock or vesting |
| Utility Reserve | 400,000,000 | 40% | BitLease Technology Ltd, platform operator (includes funding of platform discounts) | Unrestricted, no lock or vesting |
| Issuer | 60,000,000 | 6% | Own Token Foundation, in its Council-approved vesting vehicle | 12-month cliff, then five releases |
| Team and founders | 40,000,000 | 4% | Designated wallets of the original BitLease platform founding and development team, directly | 12-month cliff, then five releases |
This table shows the allocation at Genesis, OWN’s starting point. Live holdings are on the blockchain for anyone to see.
Evergreen500,000,00050%
Utility Reserve400,000,00040%
Issuer60,000,0006%
Team and founders40,000,0004%
The Foundation holds its 6%; each other allocation belongs to its recipient.
The release schedule
Of the one billion, 100,000,000 OWN is released in stages. The Issuer and team allocations each have a 12-month cliff, then five equal releases at months 12, 15, 18, 21 and 24 after Genesis.
| Release | Month after Genesis | Issuer | Team | Cumulative total |
|---|---|---|---|---|
| 1 | 12 | 12,000,000 | 8,000,000 | 20,000,000 |
| 2 | 15 | 12,000,000 | 8,000,000 | 40,000,000 |
| 3 | 18 | 12,000,000 | 8,000,000 | 60,000,000 |
| 4 | 21 | 12,000,000 | 8,000,000 | 80,000,000 |
| 5 | 24 | 12,000,000 | 8,000,000 | 100,000,000 |
Each release makes existing OWN available. The total stays at one billion, and the schedule is administered alongside the token.
Vesting position, kept current: Issuer releases so far: 0 of 5. No release has occurred; the first is at month 12 after Genesis.
Three ways to count supply
- Total supply
- is the one billion OWN that exist.
- Allocated supply
- is how that billion was divided at Genesis. It also equals one billion.
- Circulating supply
- is a separate, dated measure: OWN that has passed to holders outside the operator’s own holdings and can be transferred freely.
Allocation is not circulation. Whenever the Foundation states a circulating figure, it gives its date and method.
Token trace
Every event that matters to OWN’s supply is listed here in order, with a plain description and a link to the record. Where an event happened on Ethereum, the link goes to the transaction itself.
Timeline
2Month 12 after GenesisScheduled
Release 1
12,000,000 Issuer and 8,000,000 team OWN become available; 20,000,000 in all.
Scheduled, then transaction
3Month 15Scheduled
Release 2
A second 20,000,000 OWN becomes available; 40,000,000 in all.
Scheduled, then transaction
4Month 18Scheduled
Release 3
A third 20,000,000 OWN becomes available; 60,000,000 in all.
Scheduled, then transaction
5Month 21Scheduled
Release 4
A fourth 20,000,000 OWN becomes available; 80,000,000 in all.
Scheduled, then transaction
6Month 24Scheduled
Release 5
The last 20,000,000 OWN becomes available; all 100,000,000 are released.
Scheduled, then transaction
How this page is kept current
The Foundation updates this page at each event. If we correct an entry, the correction is dated and shown beside the original.
Each event is added on its day, with a link to the record.
What is fixed, and what can change
The contract and Genesis are permanent. The record around them grows by dated entries, and a correction stands beside the original. One permanent token. One living record.
Ownership starts the same way for everyone.
Bring your business to LTO, and let people own a part of it over time, one installment after another.