How much LasseCash does Lasse Ehlers have? Supply?

Lasse Ehlers currently holds 7 million LasseCash tokens. Regarding the supply:

Total Supply: The total supply of LasseCash is set to be 20 million tokens for the first 10 years, after which it increases to 20 million tokens forever thereafter.
Circulating Supply: As of July 8, 2022, the circulating supply was reported to be 16.1 million LasseCash tokens. With Lasse Ehlers owning 7 million, this means he held approximately 43.8% of the circulating supply at that time.

Please note that these figures are based on the last known update, and the actual current supply or Lasse Ehlers' holdings might have changed since then.

LasseCash token economics

LasseCash's token economics or tokenomics are designed with specific principles and mechanisms to encourage certain behaviors within its ecosystem. Here's a detailed look based on available information:

Token Supply:
Total Supply: LasseCash has a fixed supply of 51 million tokens.
Initial Distribution: 11 million tokens were issued to Lasse Ehlers on day one for promotional activities and profits.
Inflation: Inflation in LasseCash is controlled by Lasse Ehlers, with the aim to adjust it once a year, though changes can be made at any time if necessary. These changes are announced via posts on the blockchain for full transparency.
Circulating Supply: As of the last update, the circulating supply was 16.1 million tokens, with Lasse Ehlers holding approximately 7 million, which is about 43.8% of the circulating supply.

Economic Model:
Zero Fees and Fast Transactions: LasseCash offers transactions with zero fees and a transaction time of 3 seconds, encouraging frequent use within its platform.
Proof of Brain (POB): This is LasseCash's unique reward system where users earn tokens by creating and curating content. The quality of the content ("proof of brain") determines the reward, rather than computational power. This system rewards "anarchy, crypto, and truth" content, incentivizing intellectual contribution.
Reward System:
Users can earn LasseCash and LasseCash POWER by blogging or engaging with content on the platform.
The system is tweaked to offer better rewards compared to other similar platforms, enhancing user engagement.
Inflation Management:
There's a plan to potentially distribute remaining inflation up to 20 million tokens in a "BIGPAYDAY" event for top LasseCash POWER holders, though this remains an idea subject to change.
Token Utility:
LasseCash serves multiple purposes: it's used within the social media aspect of the platform for rewarding content, as well as in the NFT platform for transactions. This dual utility aims to increase the token's demand.
Security and Transparency: All transactions and changes are recorded on the Hive blockchain, ensuring transparency and security. The system's state could theoretically be airdropped to a new outpost with a new leader if the community desires a change in leadership or direction.

Community Involvement:
LasseCash promotes community governance indirectly through its POB system, where the community's interaction with content influences the distribution of tokens.

Market Presence:
As of the last available data, LasseCash wasn't listed on major exchanges, which affects its liquidity and accessibility for trading. However, it operates within the Hive ecosystem, where it can be traded via decentralized exchanges (DEXs) or through peer-to-peer mechanisms.

Economic Goals:
The economics of LasseCash are designed to foster an environment where content creators are incentivized to produce high-quality, engaging content that aligns with the platform's ethos, thereby building a robust, active community.

This overview provides a snapshot of LasseCash's token economics, but remember that specifics like token distribution and inflation rates might evolve over time.

Posted using LasseCash