Conversion rate: 1 ETH : 10 NEO : 5,200 QLC
Pre-sale hard cap: 40,000 ETH
|Stage||ETH||Token Bonus||Lockup Period||Caps per investor|
|Strategic Investor||10,000||30%||1 Month|
|Presale Bonus||30,000||10%||No Lockup||Min of 100 ETH per investor|
|Max of 2000 ETH per investor|
Investors may choose to participate with NEO at a conversation rate of 10 NEO to 1 ETH
We are happy to announce that Pre-sale will close on the 7th of Dec.
At the launch of our project, we provided a TGE structure that worked out to about $15+M raised. Because of the increase in value in ETH and NEO, we decided that we will raise less. We have now raised (collected or allocated) about 120,000 NEO in the Strategic Tier and 230,000 NEO in the Pre-sale Tier. We will stop here. Actual final numbers may change slightly.
We provided token holders with the option to purchase either in ETH or NEO at a 1ETH:10NEO peg. Because of a favourable NEO arbitrage, over 95% of our funds received were in NEO. We are happy to support NEO.
NEO's average price over the last 9 days comes in at about $37, this works out to approximately USD $12.9M raised in Pre-sale. We will make an announcement soon on the crowd-sale date. We will reduce the hard-cap for the crowd-sale and announce an NEO to QLC peg closer to the crowd-sale. We expect to raise about $2.5 to $3M in our crowd-sale.
The total amount of tokens sold will remain approximately 224M. As we are raising less, we will re-distribute all unsold tokens to token investors and make announcements later in terms of what these numbers look like.
Finally, on behalf of all Qlinkers, I would like to thank you for your support and look forward to your continued support in our crowd-sale!
Conversation rate: 1 NEO: 520 QLC (Approximate price, to be finalized later)
Crowd sale hard cap: 10,000 NEO
|Stage||NEO||Token Plan||Lockup Period||Caps per investor|
|Crowd sale||10,000||TBA||None||To be decided|
All participants in the Qlink token sale are required to be approved through a KYC process, which will start in Nov on Qlink’s website.
If you have any Questions, please contact us at firstname.lastname@example.org