Contribution phases

OriginTrail token sale process is divided into 3 phases: 1. Whitelisting started on the 1st of December 2. Presale will start on the 15th of January 3. Crowdsale will follow latest on 29th of January

1. Whitelisting

Whitelisting is the process of confirming your ETH wallet address to be able to take part in presale and crowdsale contribution phases. Why is it important?

It will save you a spot to take part once the contribution phase starts. Whitelisting for presale will be running until commitments reach the presale hard cap of $10MM. After the hard cap commitments for presale have been reached, whitelisting will continue for crowdsale. To save your spot, please whitelist at your earliest convenience.

During the whitelisting process, contributors will pass the necessary Know-Your-Customer (KYC) practices to conform with all the legal requirements. During the process, it is possible you get contacted by our legal team for additional/missing information. Please check your provided e-mail regularly for such feedback.

M ake sure to finish the whitelisting process before the presale starts to get an exclusive presale discount. WHITELIST HERE

2. Presale

Presale process will start on the 15th of January and will be run through a smart contract, accepting ETH as the only currency. Only whitelisted ETH wallet addresses will be eligible to take part in the presale. As mentioned above, we will stop adding addresses to the whitelist after the commitments reach the planned hard cap of $10MM. During the presale, contributors that are already on the whitelist will have 1 full day (24hrs) to make their contributions. If there are any tokens left over after the 24h, all addresses that successfully passed KYC process will be added to the whitelist and will be able to contribute. The maximum running time of the presale will be 2 weeks with decreasing discounts after each week as described below.

Minimum contribution size in the presale is, following the feedback from the community, set at 5 ETH.

Individual contributions up to 150 ETH can be submitted directly. Contributors above that threshold will be invited to do a Skype call with the team to confirm strategic alignment with the project. No single contributor will be allowed to get access to more than 1% of total Trace supply.

The ETH:TRAC price will be fixed throughout the token sale and will be determined in the days before opening the presale. Maximum total contributions in the presale phase are limited to the equivalent of $10MM. ETH hard cap is set at the same time as ETH:TRAC price.

Presale Week 1: 20% discount

The contribution period will begin on January 15th at 15:00 UTC (block number TBD). Contributors will be sent invitation e-mails to enter their contributions up to what they committed in the whitelisting process.

Presale Week 2: 15% discount

The contribution period begins 1 week after the previous one, starting January 22nd at 15:00 UTC (block number TBD).

Any leftover tokens from presale will be offered in crowdsale up to the point of reaching the hard cap.

3. Crowdsale

Crowdsale will start immediately after hard cap in presale has been reached or on 29th of January latest. It will run until total hard cap of $22.5MM has been reached or until 12th of February latest. Crowdsale will be done without discounts.

Minimum contribution for the crowdsale is 0.5 ETH.