How many tokens are allocated for IEO? What would happen to unsold tokens?
Distribution of the total issue of tokens.
● 35% of the issue - places on the open market by conducting a series of placement rounds - a closed (private) pre-sale among large buyers who are interested in our platform, and three public rounds (IEO) among all those who want to purchase a token. ● 12.5% of the issue - operational needs + pre-emptive right of buyout by the exchange team;
● 2.5% of the issue - remuneration under the “bounty” partner program;
● 50% of the issue - lock-up for 3 (three) years with defrosting, and exchange placement on BETCONIX.COM.
Permission and defrosting occur every 6 months for the development of the product component of the exchange, as well as for marketing purposes.
The placement round is considered completed if 25% or more of the planned volume is placed.
If the placement round is declared invalid (less than 25% of the planned volume was placed).
BETCONIX.COM undertakes to redeem the actually placed tokens at the price of the placement in the failed round.
In the event of a failed placement, the redemption must take place no later than 30 calendar days from the date of completion of the round that was declared invalid.
Read more on the website https://www.bnix.info
