Javvy, veterans of blockchain development and creators of the Javvy Universal Wallet, announce the launch date for the initial offering of the Javvy Utility Token. The pre-sale begins November 1, 2018.

This event marks a momentum shift for startup businesses in the blockchain ecosystem. Unlike previous token offerings, Javvy has already delivered on their promise of a feature-rich cryptocurrency wallet, prioritizing both security and usability. Now, they seek to expand the feature-set of the wallet and fulfill their vision for cryptocurrency mass adoption.

The Javvy Utility Token (JVY) will offer many perks to holders within the Javvy Wallet. Transaction fees paid with the Javvy Utility Token receive a 50% discount and receive back 100% of those fees paid, in the form of Javvy tokens, during the Loyalty Rewards Tokens introductory period (while supplies last). Javvy token holders also have the option to stake a minimum amount of Javvy tokens to earn additional Javvy tokens in exchange for helping to provide additional liquidity for the Javvy decentralized exchange.

Javvy is offering a whitelisted, compliant utility token to be sold within the Javvy Wallet in their initial coin offering. They have set a maximum cap of 40,000 ETH in compliance with proposed ICO regulation in the UK. Buyers in the ICO pre-sale will receive a 25% bonus to their token purchase. A total of 100,000,000 Javvy tokens will be offered at 0.0004 ETH per Javvy token, with totals calculated from an assumed price of $200 USD per ETH (price locked as of 09/18/2018). The ICO token pre-sale is open to everyone in the world, except where prohibited by law. Buyers in the United States will be allowed to purchase bulk allotments of Javvy tokens, to be used to pay for transaction fees on the network and having the option to stake tokens. All buyers must undergo a whitelisting process prior to purchase of Javvy tokens.

The pre-sale will run from November 1, 2018 to November 30, 2018. The token sale begins Dec 1, 2018 and will run until February 28, 2019 or until the max cap is reached. Collected funds will be spent to expand the features of the Javvy Wallet through a decentralized buy & sell platform, native in-app ICO participation, in-store gift cards, an international debit card, and greater support for application platforms, tokens, and national currencies.

A full list can be found under Token Metrics, Token Milestones, and the Javvy Roadmap at https://javvy.com

“Javvy’s corporate philosophy prioritizes security while understanding that ease of use is paramount to the user. In a global economy, with millions of transactions happening every second, a platform like Javvy will be crucial to securely and conveniently handle these transactions,” writes Aj Agrawal for Entrepreneur.com