[ANN] Tolar HashNET Final ICO Hard Cap Announcement and Token Metric

[tolar.io]

After careful analysis of the current crypto market and intensive consultations with our community, investors, advisors and influencers, Tolar team has decided to make a final decision in our ICO hard cap.

The reason behind our decision is to secure the best possible conditions to boost Tolar project at the very beginning and to ensure fast scalability of the Tolar ecosystem.

The ICO hard cap for Tolar is 45,000 ETH (with the current ETH price it equals to around $20M USD). This means that everyone will be investing with the same conditions, regardless of the time of contribution. Please note, the soft cap is set for 20,000 ETH, which is already fulfilled.

ICO will start on September 15, 2018 (14:00 GMT) and will end on September 20, 2018 (14:00 GMT), or before if hard cap is reached.

Updated Token Economics:

    Token name: Tolar (TOL)
    Hard cap: 45,000 ETH
    Soft cap: 20,000 ETH
    Percentage sold: 35%
    Total supply of Tolars generated: 1,000,000,000
    Private sale bonus: 20%
    Pre-ICO bonus: 10%
    No lock on main tokens
    3 months for bonus tokens
    24 months for team token

Prices in ETH for presale:

    For contributions of more than 50 ETH price is 0,000120879 ETH per TOL (20% bonus included in price)
    For contributions between 10–49 ETH price is 0,000131868 ETH per TOL (10% bonus included in price)
    For contributions between 1–9 ETH — price is 0,000145055 ETH per TOL

How much TOL you get for 1 ETH in presale:

    If you contribute more than 50 ETH, for 1 ETH you will get 8,272.74 TOL
    For contributions between 10–49 ETH, for 1 ETH you will get 7,583.34 TOL
    For contributions between 1–9 ETH, for 1 ETH you will get 6,893.94 TOL

Token Allocation:

    35% Investors (40% Private sale, 35% Presale and 25% Public ICO)
    20% Founders
    32% TOLAR Development Fund
    8% Proof of Stake Network Start Nodes
    2,5% Developers
    2,5% Advisors

Funds distribution:

    55% for carrying out operations
    30% goes to the research and development team
    10 % is allocated for the marketing campaigns
    5% for conducting legal compliance

Gas price recommendation: Check current gas price on https://ethgasstation.info

A big thanks to our community and the overwhelming support we received so far!

[1713570626]

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[kaido19]

I like the ico system that you created, and of course optimism for achieving a hard cap, seeing the ICO time is only about 5 days, and will stop if the hard cap has been fulfilled, to see the madness of investors in this project, I am interested in knowing the next development, at least until the ICO ends

[tolar.io]

We have to say that we will stop the sale in case we reach hard cap. Appreciating your interest, stay tuned.

[bachduongkute]

A very interesting project. Its moderators are very active. Hopefully together with the community it will be a total success

[tolar.io]

We are giving our best. Thank you.

[rumax]

As I understand it you already passed the test of the network and it showed good results! I think that the topic of network scaling is very relevant and should be implemented. I have a question - who has the right to participate in the sale, are there any restrictions on the countries and do I need KYC for the purchase?

[tolar.io]

USA and China citizens are restricted from sale. To participate you will have to fill the KYC on our website. Our presale is on until 31.08.2018.

[Otap2018]

The project has been fundraising for a few months and the team gave presale access to many pools. The momentum for the project has stalled. I believe there isn’t enough demand to reach hard cap. In this market, we believe one can purchase tokens at a lower price after they are listed.

[Azzwhupine]

Very interesting project, looking forward to the progress you make and hope you guys do well.

I heard there will be a token burn for the unsold tokens(if there are any), is this true?

[tolar.io]

If there will be unsold tokens, we will burn them. As for the hardcap, we will see if it will be reached or not. Stay tuned.

[tolar.io]

Exciting news


EMMARES and TOLAR confirm partnership

EMMARES https://emmares.io/, a project that is creating a global digital reputation of email content providers and their contents has partnered with Tolar HashNET, the hottest ICO of summer 2018, is an open source, community governed crypto-currency featuring scalable, fast, secure, and fair transactions.

According to the agreement, we are expecting an organic growth of our email newsletter presence and EMMARES is welcoming the knowledge of our team in the area of high transaction blockchain.

By exchanging the know-how and the experience, this partnership will, without a doubt, bring amazing results and better user experience for all online users.

[Otap2018]

The project has been fundraising for a few months (presale started since May and is still ongoing) and the team gave presale access to many pools. The momentum for the project has stalled. I think there isn’t enough demand to reach hard cap. In this market, i believe one can purchase tokens at a lower price after they are listed.

[Susucu]

Nice to have the message chain again. I believe in this project, I believe in privacy and Privcy and I know that this project will become a change in the blockchain industry.

[tolar.io]

Our presale is closed now. And during the presale phase pools were not allowed. And regarding the demand, we can talk after the ICO, but the soft cap was reached long ago.

[tolar.io]

Tadej Slapnik joins our team as a Director of Tolar HashNET Slovenia


We are happy to announce that Mr. Tadej Slapnik, former State Secretary in Office of the Prime Minister of the Republic of Slovenia, will be joining us as the Director of Tolar HashNET Slovenia.

Tadej Slapnik has contributed to the development and smart regulation of blockchain technology in Slovenia, European Union and on a global level. His experience in blockchain is wide and layered with various projects and initiatives:

• Initiator of national forum: Republic of Slovenia in 4th industrial revolution
• Initiator and chairperson of initiative Blockchain Slovenia
• Initiator and organizer of Blockchain Meetup Slovenia 2017 http://socialnaekonomija.si/blockchain-meetup-slovenia-2017-great-success/
• Chair of governmental group for preparation of the national action plan Slovenia — land of start-ups
• State Secretary responsible for positioning Republic of Slovenia as blockhain start-up friendly country https://noordunghub.eu/wp-content/uploads/2017/11/One-of-the-leading-countries-with-regard-to-blockchain-companies-web.pdf
• Actively involved at Davos 2018 forums and meetings on the field of Blockchain technology https://medium.com/suncontract/suncontract-in-davos-with-slovene-prime-minister-cerar-5ddfab6b293f
• Chair and organizer of 1st EU blockchain meetup 2017 http://www.vlada.si/fileadmin/dokumenti/si/Sporocila_za_javnost/2017/10/CONFERENCE_BLOCKCHAIN_EUROPE_press_release.pdf
• Europena Digital Day 2018 panellist at the blockchain panel https://www.fintechrules.eu/digital-day-2018-blockchain-partnership-initiative/
• Chair of program committee of European Blockchain Summit 2018.
• Governmental coordinator for preparation of ICO guidelines in the Republic of Slovenia
• Panellist at UNECE Blockchain conference in Geneva https://www.unece.org/31stuncefactforum_blockchain.html
• Panelist at Zugg Crypto summit 2018 https://blockchainsummit.ch/events/zug-2018/schedule
• Panellist at UNECE High level event Blockchain for Transformation towards Sustainable and Resilient Societies and at United Nations in New York
• Principal at Europe Blockchain Hub https://www.eubchub.eu/
• Panelist at EU Parliament public debate — Blockchain and DLTs: A view from the European Parliament https://www.eu-events.eu/index.php/10513-blockchain-and-dlts-a-view-from-the-european-parliament.html

   
Given Mr. Slapnik’s extensive experience in blockchain and government development projects and the fact that Tolar HashNET aims to become a favourable solution for enterprises and governments, we are excited to welcome Mr. Slapnik to our team!
   

[vld]

Hey guys! Pay attention to the Bitmonk project, they are developing a real decentralized exchange!
Please help them, society needs them!!! Get 300 free coins for first time users!
 https://discord.gg/GZ7hDKs

BitMonk             BMO
Premine:           135m
Proof type:        MN/POS/POW
Supply:             infinity
MN Collateral:    250000
algo:                 Scrypt

[tolar.io]

Another partnership on the horizon, this time with BOOSTO.io:
Read more: https://medium.com/boosto/tolar-x-boosto-partnership-announcement-a5249e62fd56

[tolar.io]

Our CEO in Slovenia Tadej Slapnik was panelist at the OECD Blockchain Policy Forum in Paris

Tadej Slapnik, CEO of Tolar Hashnet Slovenia, participated at the high-level Panel: Blockchain for Better Policies, OECD Blockchain Policy Forum in Paris http://www.oecd.org/finance/oecd-blockchain-policy-forum-2018.htm, together with Mrs. Ana Brnabić, Prime Minister of Serbia, Mr. David Burt, Premier of Bermuda, Mr. Pravind Kumar Jugnauth, Prime Minister, Republic of Mauritius and Mr. Angel Gurría, Secretary-General at OECD.

Mr. Slapnik shared Republic of Slovenia and European Blockchain Hub activities on the field of development of Blockchain technology for Sustainable Development Goals and introduce successful projects from Slovenia and Europe already working on this challenges: Tolar HashNET, SunContract, Datafund and Ecta platform.

[tolar.io]

Tolar Prototype Demonstration 2.0
-150,000 TPS on 100 nodes-


On September 12, starting at 6pm, Tolar HashNET, 4th generation blockchain, will have a live presentation to demonstrate its prototype with a speed reaching 150,000 TPS on 100 nodes. The event will be held at COTRUGLI Business School premises in Zagreb and is open to public.

Livestream of the event will be available through Tolar Official Youtube Channel https://www.youtube.com/channel/UCL8ksEpe6um71pcdPi6wpXQ.

First time in history, TOLAR team has demonstrated its prototype with a speed reaching 150,000 TPS on multiple nodes and all continents during a live presentation. Many blockchain experts were skeptical about the prototype and believed that it will not work on multiple nodes, with some comments being: “It may work on 11 nodes, but it’s never going to work on more than 39 nodes”.

As we are confident that our platform can reach the desired speed of 200 TPS on 100+ nodes, we have decided to hold yet another presentation to support our claims. As no one has demonstrated their MVP with a speed of 150,000 TPS on 10 nodes, no one has ever done so on 100 nodes.

Tolar, an open source, community governed crypto-currency, uses a revolutionary algorithm HashNET that features scalable, fast, secure, and fair transactions.  It employs Distributed Ledger Technology (DLT) and consensus algorithm which keep all positive characteristics of a blockchain technology while increasing throughput to more than 200,000 transactions per second. The network is using Proof-of-Stake with masternodes thus, eliminating the need for a massive energy consumption and huge environmental cost, which has proved to be a significant problem of blockchain technology.
 
Tolar HashNET aims to become a favourable solution for enterprises and governments by providing an open, fast and extremely fair public ledger built on top of the HashNET technology and to create ecosystem of solutions and partners that will use this unique technology to solve problems with existing systems or provide new functionality that was not available before.
 
“We are already able to do pilots on our platform, which shows stability and maturity of the platform in this early stage, but also our commitment to create unique ecosystem that will benefit our partners and developers.” - Mario Vojvoda, CIO of Tolar HashNET argues.
 
The project has received many positive reviews from top blockchain influencers (Tom H. Chase, OhHeyMatty, Ian Balina, Diddy Carter, etc.) and winning the Ian Balina ICO pitch competition, which has contributed to the organic growth of the project and increased its exposure worldwide.  According to some lists, Tolar is currently in Top 3 ICOs.

[tolar.io]

Important information for ICO and whitelist process

ICO will start on September 15, 2018 (14:00 GMT) and will end on September 20, 2018 (14:00 GMT), or before if hard cap is reached.

• ICO price for all contributions is 0,000145055 ETH per TOL
• For 1 ETH you will get 6,893.94 TOL
• There is no limit on minimum and maximum contribution

TOKEN ECONOMICS:
Token name: Tolar (TOL) | Hard cap: 45,000 ETH | Soft cap: 20,000 ETH (already reached) | Total supply of TolarZ generated: 1,000,000,000

As the crowdsale is coming closer, here is the important information concerning the process:

For new applicants:

• In order to participate in the ICO, you need to pass the KYC, which can be accessed ONLY through our official website: https://ico.tolar.io.
• On this link, you will be prompted to enter your Ethereum address. If it is not whitelisted, you will be prompted to create a profile. Once you register your profile, you will be able to select the KYC option and fill it out.
• After properly submitting the KYC form, your application will be processed and you will be notified on your status by email. You will need to be approved by the Tolar Foundation Board to be accepted for the sale. In the case of acceptance, you will receive a confirmation e-mail with further instructions.

If you have already been whitelisted:

• If you have already been whitelisted for the ICO and have been approved by the Tolar Foundation Board, you are able to participate in the upcoming ICO.
• The link for the video that will show our valid ETH address will be communicated through our official channels when the crowdsale starts.

Using MetaMask

• To participate in the crowdsale, visit the ICO page: https://ico.tolar.io.
• Unlock MetaMask and select your account.
• Enter desired Ether amount for contribution
• “Gas Limit” and “Gas Price” will be set to 120.000 and 12Gwei, which should result in confirmation times under one minute.
• Click the “Contribute” button on the ICO page. MetaMask popup will open with transaction details.
• Check the details and click “Confirm” button.
• Wait for the transaction to confirm.

Using MyCrypto

• Navigate to the Send page https://mycrypto.com/account
• Select how you would like to access your wallet and unlock it https://support.mycrypto.com/accessing-your-wallet/
• Enter the address you would like to send to, in the “To Address:” field. MyCrypto supports both native address format and ENS address format. ENS offers a secure & decentralized way to resolve an address using simple human-readable names. ENS eliminates the need to copy or type long addresses. With ENS, you’ll be able to send money to the crowdsale at ‘tolar-ico.eth’ instead of ‘0x4cbe58c50480…’
• Enter the amount you would like to send. You can also click the “Send Entire Balance” link if you would like the transfer the entire balance.
• Click on “+ Advanced” to check “Gas Limit” and “Gas Price”. We recommend setting “Gas Limit” to 120000, and “Gas Price” to 12Gwei to get confirmation times under one minute. If “Gas Limit” input is disabled, uncheck the “Automatically Calculate Gas Limit” option, after which you will be able to edit the value.
• Click “Generate Transaction”. A couple more fields will appear. This is your browser generating the transaction.
• Click the blue “Send Transaction” button below that. A pop-up will appear. Double-check if the amount and the address are correct.
• Then click “Yes, I am sure! Make transaction.” button. The transaction will be submitted. The TX ID will display. You can click that TX ID to see it on the blockchain.

Tokens bought in the ICO will be delivered to your wallets on Sunday, September 30, 2018 at 16:00:00 GMT+0200. Please understand that this process will take some time, but you can expect the tokens within few hours.

Please note that the payment instructions will be visible exclusively on our webpage. When the ICO starts, our ETH address will be public on tolar.io web together with an explainer video.

No one from the team will ever send you a private message asking for ICO contributions. You should always assume that such a message is being sent by a scammer and should inform us and the community immediately.

If you have any further questions, feel free to contact us at info@tolar.io.