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Last update : 19th January 21:00 GMT +8
Approved Participants (KYC Whitelist)
Whitelisting will close 20th January 00:00 GMT+8 (previously 19th January 10:00 GMT+8). If you do not received any confirmation by then (check your spam), it means you are not qualified for the token sale.
If you have applied for whitelisting and do not received any reply after 72 hours, please re-apply again. If you still do not receive any confirmation on both occasions, your application are not approved.
Pre ICO, Extended Pre ICO and crowd sale approved KYC applicants can participate in the crowd sale happening on 21st January 16:00(GMT+8). Token sale will close once we hit the hard cap.
Please visit Pundi X step-by-step ICO participation instructions for further details.
Token Sale Price
1 ETH : 500PXS1 BTC : to-be-determined on 20th January based on ETH/BTC price
Note: there will be no bonus for the public token sale.Note: Only ETH and BTC are accepted in the token sale.
Exchange and Listing
PXS will be tradable on exchanges before 10th February or after 25th February, so to avoid the lunar new year break. We will announce the exchange soon after ICO.
Total Amount Raised (so far)
As of 18th January the total value raised so far is:
Total raised from Pre-ICO and Extended Pre-ICO
Thus the remaining amount to be raised from ICO token sale is approximately US$ 17,552,382 (as of 18th January 2018) depending on the rate of cryptocurrency at the time of participation. We expect the token sale to be fully sold with the smart contract fully executed hence there will be no future token sale / ICO.
We are introducing strategic investor that will participate in our company equity and token purchase via private pre sale before the start of ICO.
Hard Cap
The hard cap is US$35 million, more information on how we priced and calculated is in the US$35 million hard cap for Pundi X article.
Since we price it at US$35 million fiat, we allow a margin of + 20% of the hardcap due to cryptocurrency price flux (and drop a week prior to ICO), hence maximum of 35 — 42 million range are likely to be reached.
Individual Hard Cap
In the first 18 hours, the individual hard cap is 20 ETH or 2 BTC. If you send more than this amount, our smart contract will reject your participation. After 18 hours, the individual hard cap will be lifted, which means participant can invest any amount.
Participant can invest more than once, For example David can invest 20 ETH in the first 18 hours, and another 30 ETH after 18 hours.
Token Split
We will be performing a token split before listing on exchange, for further info please visit PXS Token Split article.
ICO step-by-step
Please visit Pundi X step-by-step ICO participation instructions for further details.
[ANN] Token sale update was originally published in Pundi X on Medium, where people are continuing the conversation by highlighting and responding to this story.
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.