Announcement:
We at Hubii are tremendously heartened by the first week of our token sale, which has shown that there is support for and excitement about our vision for the new content marketplace of the future.
To celebrate the commitment shown already, Hubii Network’s parent company, Hubii AS, has decided to guarantee the success of the token sale by buying the number of outstanding sales tokens needed to ensure that the minimum funding cap of 18,000,000 HBT. This will ensure that the network will be built and the project will commence.
We have received a lot of positive feedback from the community and potential new partnerships are in the making — two things that encouraged us to continue with the project the way we envisioned it all along: transparent, decentralised and with focus on the community.
In that spirit, the tokens purchased by Hubii will be locked up for 36 months, released in monthly stipends. The tokens for the first 12 months will not be released until month 13.
As a way of showing our gratitude and appreciation for the tremendous support we have seen so far in the community we have decided to send a token of appreciation back to the community: Upon closing of the Token Sale we will immediately airdrop a 5% bonus (e.g. if you bought 10 ETH of HBT you will get the equivalent to 10.5 ETH worth of HBT) to everybody who joined the sale before block number 4,223,780. This is our thanks to those that decided early on to believe in Hubii Network and support our approach.
We appreciate your continuous support and future commitment in making Hubii Network a very successful project.
well this is great announcement about this project! Looking forward participating!
Is there any lockup period?