We are planning to attract $100 million to finance the project through the creation and sale of FreeZone tokens. Token Sale will start in March 2018 and will run for 28 days.
The tokens will be created based on Ethereum standard ERC-20.

The total amount of the tokens to be issued is 1 billion. 500 million tokens will be sold during the ICO, whilst 200 million tokens are to be held by FreeZone Corp. and will be used to support the ecosystem, bounty-program, and project promotion, as well as for the secondary placement. 300 million tokens will be gradually transferred into the possession of the project’s founders. The first 100 million tokens will become their property 12 months after the ICO. Subsequently, 18, 24, 30 and 36 months after the ICO is finished, 50 million tokens for each 6 month period will be transferred into their possession.

The issuance of FreeZone tokens takes place only once and amounts to 1 billion tokens. No further tokens will be issued.
No less than 50% of FreeZone Corp. net profit will be divided among FreeZone token holders. The services provided by FreeZone can be paid for with tokens.
The development path of the blockchain community and the social services it provides will be defined by a system of voting, and the number of votes of one project participant can exercise will equal the number of tokens they hold.

The tokens held by FreeZone Corp. and the tokens that are gradually transferred into possession of the project founders following the ICO completion date form part of the profit distribution and voting on the same terms as the rest of the tokens.

When it comes to token allocation, the following applies:

• The total amount of the tokens to be issued is 1 billion.
• 500 million tokens will be sold during the ICO.
• 200 million tokens are to be held by FreeZone Corp.
• 300 million tokens will be gradually transferred into the possession of the project’s founders.
  

Use of proceeds from the token sale will be arranged the following way:

The share amounts in the use of proceeds are fixed proportions where the ICO is successful (if the sale target is achieved or close to that). In case the amount of capital raised is less than $100 million, the budget distribution will take place based on the actually achieved level of the project (milestones) development achieved in accordance with the figures below:

Customers can receive 3 types of bonuses:

• Early registration bonus
• Early payment bonus
• Referral program participation bonus

The bonus coefficient for early registration is 1.05. This bonus is guaranteed for customers, who register for private accounts and provide the necessary personal data before the ICO start date and while early registration is open.

The bonus coefficient for the early payment is calculated as follows:

The project’s referral program is described on the project’s official website.
The final bonus coefficient for customers is calculated by multiplying together all the bonus coefficients that the customers have.

More than 30 specialists in various fields are currently working on the project. Detailed information about the FreeZone team and project advisors can be found on our website: http://freezone.one/

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