Today we are happy to be able to share our plans for the Public sale with you.

We’ve seen a huge level of demand over the past few weeks — we now have over 28k people in our Telegram group 💥

As a result we are putting some measures in place to help to ensure a fair sale.

Public sale cap

In order to ensure the success of the network we want to encourage broad token participation. Because of this we are introducing a per-wallet cap during the Public sale:

$5,000 USD equivalent in Eth

(The exchange rate will be fixed immediately ahead of the sale period.)

KYC applications

We will be closing the site to KYC (Know Your Customer) applications on Thursday 25th at 12:00 UTC.

Our focus is now on getting KYC processed as quickly as possible on a first-come-first-served basis. However in the event of significant demand we may not be able to verify all applications and verification is subject to our KYC terms. It is important that you get your submission in as soon as possible to be in with a chance of it being processed before the Public sale.

Rollout schedule

We are ahead of schedule: we anticipate bringing the mainnet online in Q2, along with the first publicly available web service. This means we expect to be on-boarding miners from Q2.