TOKEN SALE AND TOKEN DRISTRIBUTION
-TOKEN SALE
Token Sale structure
SKARAT (SKT) is the token issued in the Token Sale.
II) SKARATs are ERC20 compliant Ethereum smart contract tokens.
III) Only ETH will be accepted as a contribution. You can use certain exchanges such as Evercoin, to contribute with Bitcoin, Litecoin, Dash and other cryptocurrencies. Contributions coming from exchanges will not be accepted and the money will be lost.
IV) To contribute into our token pre-sale or to comply with our Whitelist procedure: · Visit https://www.skaratoken.com/ · Provide your email, telegram username and amount expected. · A minimum of 5 ETH will be accepted for the pre-sale.
V) ETH/SKARAT price: We cannot determine the exact amount a token will cost in ETH until the token sale starts due to price fluctuations. We will update the price of ETH according to the market at 2PM (CET) each day af ter the token sale goes live in order to adjust for any price fluctuations. To see the current SKARAT value, go to www.skaratoken.com
VI) Token release: The tokens will be issued within two weeks of the end of the token sale.
VII) Only purchased tokens will be minted.
-Token distribution
We expect to issue a maximum of 20,000,000 SKARATs. When the token sale is completed, no more SKARA tokens will be issued. The tokens will be distributed as follows:
9% of the tokens will be distributed among co-founders and the team.
15% of the tokens will be held by the company to fund future marketing activities.
3% will be used for Bounty program and another
3% for advisers.
70% will be available to token sale contributors.
-Intended use of Funds
50% of the proceeds will be used for R&D including the blockchain implementation, creating our tournaments and betting platform. We estimate this cost to vary between €1m to €5m.
35% will be used for Marketing to grow our already existing community.
10% of the proceeds will be used for Operations in order to continue the development of the SKARA Universe by adding a single player mode and a mobile companion app.
5% will be spent on Administrative & Legal costs
For more information visit:
The Token Sale will take place starting 8 February 2018 at 5pm CET (11am ET).
The hard cap, and the absolute greatest amount of funds we will raise is €10 MM.
TWITTER: https://twitter.com/skaratbr
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ETH:0xC6281Abcd4085D092a937003FAC019Fdd5296906
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