---- 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/powerledgerNOTE: 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