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January 30, 2018, 03:25:48 PM Last edit: January 30, 2018, 06:09:55 PM by dev_pae |
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Painite Coin (PAE) is encrypted currency, which can traded and spent.
Painite ICO STRUCTURE AND TIMELINE:
Painite ICO will commence on feb 14, 2018 and end on feb 28, 2018
The total tokens supply stands at 100 milllion.
15 million tokens are reserved for bounties and the development team in the following proportions:
- 1 million tokens will be distributed to early supporters. Please check additional details below.
- 1 million tokens are reserved for post-ICO bounties.
- 4 million tokens are reserved for strategical partners and backers
- 9 million tokens are withheld by the development team.
The remaining 85 million tokens will be distributed in lCO procedure to participating users based on their contribution in the total amount of the raised funds. The sale procedure will be taking place at a special crowdsale website.
There will be discounts for early participants based on the following schedule:
- First ICO day bonus. Users who buy Painite tokens on feb,14 receive a bonus of 20%
- Users participating in the campaign before the end of feb (feb,15 - FEB,25) receive 10% bonus.
- FEB, 26 - FEB, 28 buyers receive 5% bonus.
ICO ends on FEB,28. -No PAE tokens will be issued after ICO. -who has no tokens will have to buy PAE tokens from token holders.
DEVELOPMENT TIMELINE AND ICO TIMELINE
- The crowdfunding tokens can be traded at decentralized WAVES DEX Asset Exchange and centralized exchange partners before the Mainnet launches.
BOUNTIES
Early supporters receive bounties for the following activities:
- 200000 tokens reserved for following official Painite account on Twitter
- 200000 tokens reserved for joining official Painite Facebook group
- 100000 tokens reserved for translations and maintaining national Painite threads
- 200000 tokens reserved for subscribing to Painite newsletter at Painitecoins.com website
- 300000 tokens reserved for signature campaign participants at Bitcointalk.
The token distribution to supporters will take place after the end of ICO, Painite support team will be contacting all participants and arranging the bonus transfer.
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