The Gibraltar Blockchain Exchange (GBX) announces that the Crowdvilla Token Sale will commence through the GBX GRID starting on Monday, 6th Aug 2018 07:00 (UTC).

About Crowdvilla

Crowdvilla is a Singapore-based, community-focused, blockchain and non-profit organisation that provides a platform for users to share holiday homes around the world.

Token Sale Process

The CRV token is a form of timeshare product. Interested contributors will need to first indicate their interest in buying CRV tokens by accepting the terms and conditions on the GBX token sale page. A cooldown period of 14 days is required before contributions can be accepted, so we would like to urge contributors to register their interest early to capture the bonuses offered.

The Crowdvilla token ecosystem consists of three ERC20 tokens: CRV, CROWD, and REI:

CRV denotes allocation of time-value for the use of all properties in the Crowdvilla portfolio. By holding on to CRV, holders will be able to generate CROWD perpetually.

CROWD denotes the actual one-off use (burnable) token to stay in the property.

REI is a membership token to the ecosystem, whose holder enjoys benefits such as discounts when utilising their CROWD token. REI is a scarce token.

Here is what you need to know about the token sale:

CRV Standard Rates

1 ETH = 4,000 CRV + 4,000 CROWD

RKT Rate to be announced 24 hours before the start of the sale.

Bonus Token: REI

1 ETH = 5 REI

Min Contribution

Min: 1 ETH

Token Sale Stages Schedule

There are 3 stages of sale:

Stage 1: Early Access Pre-sale

Start: Mon, 6th Aug 2018 07:00 (UTC)

End: Fri, 31st Aug 2018 07:00 (UTC)

Generation Rate (30% bonus): 1 ETH = 5,200 CRV + 5,200 CROWD

Bonus Token: 1 ETH = 5 REI

Indication of Interest: 6th — 17th Aug

Contribution: 17th — 31st Aug

The pre-sale is only available to GBX account holders with an account balance of at least 10,000 Rock Tokens (RKT) at anytime during the Early Access Pre-sale period.

Participants must indicate their interest before 17th August 2018 in order to satisfy the required cooling off period time frame and contribute in time to benefit from the 30% bonus.

Stage 2: Public Sale Round 1

Start: Mon, 3rd Sep 2018 07:00 (UTC)

End: Mon, 17th Sep 2018 06:59 (UTC)

Generation Rate (20% bonus): 1 ETH = 4,800 CRV + 4,800 CROWD

Bonus Token: 1 ETH = 5 REI

Indication of Interest: 18th Aug — 3rd Sept

Contribution: 3rd — 17th Sept

Stage 3: Public Sale Round 2

Start: Mon, 17th Sep 2018 07:00 (UTC)

End: Fri, 28th Sep 2018 07:00 (UTC)

Generation Rate (No bonus): 1 ETH = 4,000 CRV + 4,000 CROWD

Bonus Token: 1 ETH = 5 REI

Indication of Interest: 4th — 14th Sept

Contribution: 17th — 28th Sept

We would like to remind everyone to register a GBX account and pre-fund the account early to capture the early bonuses offered!

Note: Due to regulatory reasons, Australian and Malaysian residents and/or citizens will not be able to participate in this token sale. The standard GBX list of prohibited countries still applies.

How to Buy on GBX GRID

Step 1: Register for a GBX account and complete the KYC verification process (You may skip this step if you already have a fully verified GBX account. The verification process only needs to be done once and will apply for all future token sales on GBX.)

Step 2: Deposit RKT or ETH into your GBX account. (Check the deposit guide here).

Step 3: Buy CRV Tokens with your GBX account.

Gaining Access to RKT and Other Digital Assets

Gaining access to RKT to participate in the coming token sale has been made easy through the launch of the GBX Digital Asset Exchange which has fiat-enabled capabilities. Users can deposit US Dollars (USD) and purchase RKT, ETH and BTC directly. GBX users with at least 10,000 RKT on their GBX GRID account can join the early access phase of token sale projects on the GBX GRID.

Crowdvilla Communication Channels:

Facebook: https://www.facebook.com/crowdvillaio/

Telegram: https://t.me/reidao

Twitter: https://twitter.com/crowdvillaio

Reddit: https://www.reddit.com/r/Crowdvilla/

To find out more about GBX, visit:

Website: https://gbx.gi

Medium: https://medium.com/@Gibraltar.Blockchain.Exchange

LinkedIn: https://www.linkedin.com/company/18286558/

Facebook: https://www.facebook.com/GibBlockEx/

Twitter: https://twitter.com/GibBlockEx

Telegram: https://t.me/GBXCommunity

Reddit: https://www.reddit.com/r/GBXCommunity/

BitcoinTalk: https://bitcointalk.org/index.php?topic=2684176.msg27421066 — msg27421066

YouTube: https://www.youtube.com/c/GibraltarBlockchainExchange