After the start of the Token Sale many of you have inquired about details regarding the DATG tokens bought during the Presale and how they would convert to DAT.

Adjustment of DAT/ETH rate

As we have changed the DAT/ETH rate in the Token Sale to 1 ETH = 25,000 DAT, all Presale contributions are therefore getting an equivalent exchange rate of 1 DATG = 2.5 DAT.

If you purchased DATG tokens for 1 ETH during the Presale while the bonus was 50% you received 15,000 DATG. You will now receive the equivalent in DAT Tokens which is 37,500 DAT (1 DATG = 2.5 DAT). Note that additional bonus’s were given during the Presale which are not yet reflected in your DATG balance but will be reflected correctly in your DAT balance.

Distribution of DAT to Presale contributors

DAT tokens will be distributed to all DATG holders automatically at the same time as all Token Sale contributors are receiving their DAT Tokens (the distribution is scheduled to happen between 4th December and 11th December). The DAT Tokens will be sent automatically to the same ETH Address that you used to participate in the Presale.

What about DATG?

DATG (Datum Genesis Token) was distributed exclusively during the Presale to early contributors and will not be directly used in the Datum App or Network. All DATG holders will instead receive the DAT token equivalent as outlined above. DATG tokens are currently not transferable and we do not have any plans in the near future to make them transferable, however do not throw the private keys to your account holding DATG away just yet, we may have some utility in store for them in the future to reward early backers.

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