Locking in of the Exchange Rate ETH to USD

As we proceed to the TGE, the smart-contract-based part of which will be managed by Ambrosus Technologies GmbH — unlike the preliminary contribution stage — we must lock in the exchange rate between ETH (ether) and USD. According to coinmarketcap.com the exchange rate of ETH to USD is $238.72 per ETH

The data from cryptowat.ch, which aggregates data from multiple large cryptocurrency exchanges worldwide shows and exchange rate of 1 ETH = $247.73 as average ETH to USD rate across the exchanges.

We will take the average of the two values to lock in the exchange rate. $238.72 and $247.73 give an average of $243.225. This is the ETH to USD rate we use.

Thus, the exchange rate we lock in for the public TGE of Amber tokens shall be 243.225 USD. It will be honoured no matter what downward or upward movement ETH will take.