10.0 ICO Details - edgecoinli/edgecoin-smart-education-solution GitHub Wiki
The ICO has a hard cap of 50.000.000 EST including the sold tokens in the pre ICO (40.000.000 EST or more, depending of the success of the pre ICO, without it). In this stage an invest of a minimum of only 0.1 ETH is required and the investor can claim the token back manually in case the soft cap will not be reached.
EDGECOIN TOKEN SALE
ICO start: January/February 2018 (specific dates will be announced)
ICO end: January/February 2018 (specific dates will be announced)
Hard cap: 8000 ETH
Min Cap: 1000 ETH
Limited Supply: YES
Price: 1 ETH = 5.000 EST
ICO STRUCTURE
Edge will issue a total of 100.000.000 Edgecoins, 50% of which will be put on sale during the different phases of the ICO. 10% will be sold during the pre-ICO starting November 6th 2017 with a bonus of 100% and used for research, marketing and development. The remaining 50% will be used for as mentioned before in 8.0.
ACCEPTED CRYPTOCURRENCIES
Only Ethereum will be accepted during this fundraiser. The Edgecoins that are created by these contributions will be aggregated into one Ethereum account controlled by Edgecoin.
REMAINING COINS
If our hard cap is not reached during the coin sale (highly unlikely) the remaining Edgecoins will be temporarily held back for a later date. The Edgecoin fundraiser is a limited coin issuance event. It begins at the Ethereum block minted soonest after TBA (January/February 2018). As soon as the hidden hard cap is reached OR TBA (January/February 2018) passes, the receiving contract will be finished and will reject Ethereum from that time on by calling a “throw” function. There will never be more EST minted. Remaining coins may be used for further fundraisers in the future.
PRICES
The prices are fixed in Ethereum only. Please be advised, that the price of US Dollars may change during the ICO which results in different ratios between USD and Edgecoin, but never in any change in ETH. (As of late October, and with Ethereum prices around $300,00, one EST would be worth roughly $0.06. ($300/5000=$0.06])
WALLET ADDRESSES
Our Ethereum address will be posted here before the pre-ICO begins.
Only send Ethereum from your own wallet and never any exchange. Possible wallets are MyEtherWallet, Mist and others. NOTE: When donating ETH make sure the spelling of our donation address is correct or else Ethereum donation will be invalid and you will not receive any EST. Please also make sure to set the gas limit on your transactions to 220.000.