This article has been updated on 26th February 2018.

We would like to begin this announcement with a big thank you to the Sentinel Chain community. We are truly humbled by the support from our community. We have received more than 13,000 successful applications during our KYC registration — a number which matches the strength of our Telegram community today. We have also received an overwhelming response of POS submissions —more than 6,000 submissions from all around the world within the first 24 hours. Thank you for sharing the Sentinel Chain story with your family and friends through our Proof-of-Support campaign. We will be sharing more of these with you in another article.

Today, we are pleased to announce that the much awaited SENC Public Token Sale will begin on 3rd March 2018.

Today, we are pleased to announce that the SENC Token Public Sale will begin on 3rd March 2018.

Public Sale —the Process

The SENC Public Sale is open for:

(a) our supporters who have submitted a successful KYC application; and

(b) our supporters who have submitted a successful KYC application + participated in our Proof-of-Support.

Our Proof-of-Support will close on 25th February 2018 at 23:59 GMT and allocations will accordingly be prepared for input into our smart contract.

The Pre-Sale SENC:ETH rate will be based on US$0.064 and the Public Sale SENC:ETH rate will be based on US$0.08 to ensure that the parameters below remain constant.

SENC Tokens

Hard Cap: 14.4 million USD

Total Supply: 500 million SENC Tokens

Pre-Sale: 100 million SENC Tokens

Rate: US$0.064 per SENC Token

Bonus: 25%

Public Sale: 100 million SENC Tokens

Rate: US$0.080 per SENC Token

On 26th February 2018, we have obtained the ETH:USD End-of-Day closing rate of 25th February 2018 from Coinmarketcap.