How will SGN tokens be discounted during the Signals Token Sale?

We’d like to fill you in on how the SGN discount structure works during the upcoming Signals Token Sale.

A visualization of the SGN token discount structure.

SGN token discount structure

The price of the 1 SGN token without any discount is set at 0,00036 ETH ($0.36 with the Ether price fixed at $1000). In the main Token Sale, there is a discount structure based on the amount of tokens that have already been sold. The discount structure functions in the following way: The first participant of the Token Sale will have a discount of 15%. This discount will then continuously decrease based on the total amount of USD raised during the sale.

Once we’ve reached the middle of the Token Sale (this means that the total amount of ETH already received in the sale is worth $9M), participants will receive a discount of 7.5%. It is also important to mention that the discount is related to entire purchases — in other words, if the first participant buys SGNs for 100 ETH, the discount of 15% is applied to the entire amount in this purchase. Thus, it’s beneficial for participants to make a single larger purchase and receive a larger discount, rather then making multiple smaller purchases and receiving a less significant discount.

The SGN Token Sale starts on March 12, 2018

Make sure to register and go through our Know Your Customer (KYC) process before the Token Sale begins — this way, you can avoid the crowds at the start of the sale. You will need to go through the KYC process even if you already registered during autumn 2017 and participated in the SGN token presale.

The final countdown to the SGN Token Sale starts now! Stay tuned for more news leading up to the sale from our team.