[ANN][POWR][UPDATE] *** POWER LEDGER TOKEN SALE STARTS FRIDAY 8TH SEPTEMBER ***

[globalcitizen]

Do we have a separate thread for the bounty? Somebody help with the link.

There is a bounty thread https://bitcointalk.org/index.php?topic=2103574.msg21420900#msg21420900 there is also a telegram bounty group https://t.me/PowerLedgerBounty

Thank you. I have joined the telegram bounty group and also the BTT bounty forum. Let the discussion continue. We get the POWR!

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[XL2000]

I want to check if I understand the ICO process...
Is it true that the token price is not known beforehand? So, after the ICO is open, it is dividing amnount of token by funds raised to get price per token?
Or will there be a fixed token price before ICO starts?

as far i know , the token price "maybe" same with pre sale price
the price is 0.088 usd/token
and price based on that time.

Ah... "maybe"

[ashmodeus]

I want to check if I understand the ICO process...
Is it true that the token price is not known beforehand? So, after the ICO is open, it is dividing amnount of token by funds raised to get price per token?
Or will there be a fixed token price before ICO starts?

as far i know , the token price "maybe" same with pre sale price
the price is 0.088 usd/token
and price based on that time.

Ah... "maybe"

U know,the prices not written on whitepaper/pinned message on telegram/slack
So i assuming like that
And as i know, public sale already announced
On Friday this week

[jvp]

---- IMPORTANT PLEASE READ ----

Hi All,
It is great to see the engagement and discussion about Powerledger on this forum, however, please note that this is not an official Powerledger channel. Therefore, do not take any comments or information provided by any user to be from Powerledger.

All information is available on the Powerledger Token Generation Event website: https://tge.powerledger.io/

Please join the official Powerledger Telegram channel for an official response: https://t.me/powerledger

NOTE: I do not work for or represent the Powerledger team. I am, however, a Moderator on the Powerledger Telegram channel, and am in regular contact with the Powerledger team.

With regard to the public sale ICO, there is a clear explanation of how the tokens will be distributed.

1. The Main TGE Sale will sell 150M tokens over 4 weeks.
2. There will be a weekly discount structure applied for the first 3 weeks (see Token Paper link for more details - https://tge.powerledger.io/media/Power-Ledger-TGE-Token-Paper.pdf).
3. The token price will be determined by the market
4. Tokens will be distributed no later than 4 weeks, after close of the Main Sales.
5. Tokens will be listed on exchanges shortly after the sale.

There is no minimum or maximum cap on contributions, and no minimum or maximum value set for the ICO.
What this means is the total $$$ raised during the 4 weeks will determine the final price of each token. No one will know what the total value of the final raise will be until AFTER the 4 week sale period.

If you have any questions, please join the Telegram (https://t.me/powerledger) or Slack (https://powerledgerio.slack.com/) channels, where representatives from the Powerledger team will respond to your questions.

Regards
Joseph

[XL2000]

---- IMPORTANT PLEASE READ ----

...
3. The token price will be determined by the market

...
What this means is the total $$$ raised during the 4 weeks will determine the final price of each token. No one will know what the total value of the final raise will be until AFTER the 4 week sale period.

That is exactly what I thought... thanks!
So, either go for the early discount, or wait how much funds are raised to calculate if you like the odds

[Noruka]

Are all the people on the team from OP publicly known and verified?

[XL2000]

150M / $0.088 = $13.2M = about 43K ETH = about 3K BTC

If it comes above, presale buyers are screwed, and this is without discount

[ElMono111]

Hi,dev,when we receive our token aften pre-ico?

Tokens will be distributed after the main sale

Hi,

It looks like the tokens haven't been distributed yet which may save me.

When I purchased the POWR tokens I used my ETH address on my exchange instead of my wallet 

Is it possible to change where they are delivered if they haven't been delivered yet?

I have emailed tge@powerledger.io - twice over a few weeks no but no reply.

Thanks in advance.

Matt

[nuno12345]

Can you DM me with your email address used and I will follow this up for you.

[nuno12345]

150M / $0.088 = $13.2M = about 43K ETH = about 3K BTC

If it comes above, presale buyers are screwed, and this is without discount

I am sorry but you have your calculations wrong.  anyone who has participated in the pre sale will have a good price. 

[nuno12345]

Are all the people on the team from OP publicly known and verified?

Do you mean PL.  we have made it very clear who is on the team and have made the ico very public in the media with all the key members.  If you want to talk to us directly join us on telegram.  https://t.me/powerledger

[nuno12345]

---- IMPORTANT PLEASE READ ----

...
3. The token price will be determined by the market

...
What this means is the total $$$ raised during the 4 weeks will determine the final price of each token. No one will know what the total value of the final raise will be until AFTER the 4 week sale period.

That is exactly what I thought... thanks!
So, either go for the early discount, or wait how much funds are raised to calculate if you like the odds

yeah, you could wait but why turn down a big discount in the first week then you will kick yourself in week 4 when there is no discount

[XL2000]

You could at least wait 6 days

[idonthaveanametoday]

Does anyone know where I can check my bounty, I signed up but I never got any email notification, when I tried to sign up again it says email already registered

[ElMono111]

Can you DM me with your email address used and I will follow this up for you.

Thanks, sending DM now - appreciate your help

[XL2000]

Is it know for how long the ICO will last? Since bonus is defined for 4+ weeks, is there an end to the period?

[nuno12345]

Is it know for how long the ICO will last? Since bonus is defined for 4+ weeks, is there an end to the period?

The ICO will last 4 weeks starting Friday 8th September.

[XL2000]

Thanks!

[anandana]

It would be interesting to know what results have already been achieved in negotiations with utilities

[XL2000]

I think their papers have some of that. Did you read those?