Participate In The Future Of Elections

We’re excited to announce that Agora’s VOTE token presale has commenced and is now available to accredited investors worldwide, including the United States. Agora will be raising $20 million through the VOTE token sale.

VOTE is the first token to incentivize a network that validates real election results, which supports our goal of building public confidence in Agora’s technology. Trustworthy voting systems are more important now than ever before.

In this article, we’ll explain what makes the VOTE token special. Additional investor information is available on our website, and prospective investors may use the link below to sign up for our token presale. Please take time to read the disclaimer at the end of this article, which includes includes a notice about forward-looking statements.

Introducing The VOTE Token

The VOTE token incentivizes global citizens to validate results of any election worldwide.

Each time Agora enters into a contract with a government or institution, a portion of their cost will be allocated towards purchasing VOTE tokens for an Election Bonus Pool.

KYC verified tokenholders who stake their tokens for 90 days and run Agora auditor software during an election will be rewarded for their service with their pro rata share of tokens from each Bonus Pool.

Bonus Pools = Rewards for Long Term Holders

One of the key drivers of utility and value for the VOTE token are Bonus Pools. The purchases made to fund Bonus Pools are the primary source of demand for the VOTE token.

Think of it like this: When an election happens, we will instruct a government to fund a Bonus Pool. The amount to be funded scales with the voter population of a country (which includes both participating and nonparticipating voters). The table below outlines the fee charged per eligible voter.

Bonus Pools Defined by Voter Population

VOTE tokens purchased for an election will be held in a smart contract by the Agora Foundation and paid to eligible staking tokenholders after its completion.

Investor-Minded Tokenomics

One of the reasons we believe Agora’s token model stands out is its clear price dynamics, which reward investors upon Agora’s success. Below are key attributes that make the VOTE token a noteworthy asset class.

1) Mathematically-Defined Demand: Tokens for Bonus Pools will be purchased in a defined amount correlated to governments’ eligible voter populations. Any investor can model out VOTE token demand using projections of elections happening on Agora.

2) Shrinking Supply: As Agora’s technology is adopted, it is hoped and the sold belief of management that the amounts being funded into Bonus Pools will grow, which may incentivize more tokenholders to hold long term. This may have the effect of reducing market supply, which is generally associated with a higher token price.

Takeaway: Increased Demand + Reduced Supply = Higher Token Price

3) Bonus Pool Distributions: In addition to the token’s market fundamentals, long term holders who stake their VOTE tokens will be rewarded with Bonus Pool distributions. Based on Agora’s adoption, this provides an ongoing stream of cash flow to long term investors.

An Example of How It Works

To illustrate how the VOTE token and Bonus Pools work, let’s look at the following example involving fictitious Country A.

After meeting with Agora, the national electoral commission of Country A has agreed to use Agora’s technology in its upcoming election. Country A has signed an agreement with Agora, which among many terms, includes the requirement to form a Bonus Pool. Country A has a population of 50 million people, which will require Country A to form a $580,000 Bonus Pool.

Click to participate in Agora’s token sale

Prior to the election and in accordance with securities laws, $580,000 worth of VOTE tokens will be purchased and held in a smart contract. Assuming for this example the VOTE token has a $1.00 market price at the time of purchase, 580,000 VOTE tokens will be purchased and held in a smart contract linked to Country A’s election.

Knowing that they can receive rewards from bonus pools, some tokenholders will choose to stake their VOTE tokens in an Agora auditor node. Let’s look at a node held by fictitious person Tom Notreal, who has been staking VOTE tokens for 91 days and has 1% of the VOTE tokens being held in staking auditor nodes during Country A’s election. After the election is complete, Tom will receive 1% of Country A’s Bonus Pool, which represents a reward equal to 5,800 VOTE tokens.

Takeaway: Tom has been rewarded for being a long term holder and running an auditor node.

20% Discount for First Tier Participants

The VOTE token is being offered in three tiers, which are structured to reward early participants in our presale. The first $3.75M of purchases will receive a 20% discount to the main sale price. The second and third tiers of our presale will receive 15% and 10% discounts, respectively. We are reserving $2.5M for Agora’s main sale, which is tentatively scheduled for August 15th.

Click to participate in Agora’s token sale

Questions? Email us at hello@agora.vote.

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Disclaimer: This page is presented for informational purposes only. Information provided about the VOTE token is subject to change due to legal, regulatory and technology requirements.

Our discussion includes predictions, estimates or other information that might be considered forward-looking. While these forward-looking statements represent our current judgment on what the future holds, they are subject to risks and uncertainties that could cause actual results to differ materially. You are cautioned not to place undue reliance on these forward-looking statements, which reflect our opinions only as of the date of this presentation. Please keep in mind that we are not obligating ourselves to revise or publicly release the results of any revision to these forward-looking statements in light of new information or future events.