5. Token Sale Details
| |
Asset | Sperax Tokens ('SPA') |
Sale Dates | Aug 14 2020 10AM ET - Aug 28 2020 10AM ET |
Price Per Token in USD | 0.02 |
Token Type | ERC20 |
Minimum Purchase Amount in USD | 100 |
Supply Available in Public Sale | ~230,000,000 |
Total Token Amount | 5,000,000,000 |
Percentage of Mainnet Supply | 4.70% |
Lock-up Period | None |
Vesting Schedule | None |
Valuation in USD | 100M |
Eligible Participants | Non-US/China Participants. Additional jurisdictional restrictions apply. |
What KYC documents required for verification?
Passport.
Will you extend the sale?
No.
How many tokens were sold in the first round?
We reserved 15% of the total supply for private sale, however, only 12.2% was sold. We may or may not sell the remaining 2.8% in the future, depending on the market demand. If the remaining tokens are sold, they will be unlocked as private sale token (1 year linear unlock after launch). If the tokens are not sold, they will be moved to reserve and will be unlocked as reserve tokens (1 year cliff and then 2 years linear unlock).
The Circulating Supply, which is 7.9%, includes 5% Public Sale and 1 % Marketing tokens that will be unlocked on day 1. Then what does the rest 1.9% Circulating Supply come from?
Marketing 1% + Private Sale 1.25% （15%/12）+Ecosystem 0.625%（15%/24）=1.875%