iotatoken



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Hero MemberActivity: 714Merit: 500 IOTA Crowdsale November 25, 2015, 02:05:51 PM

Last edit: December 22, 2015, 01:24:08 AM by iotatoken #1



IOTA CROWDSALE IS OVER



1 month ago, after weeks of rumours and speculation, we unveiled a unique project that had been in stealth development for months: IOTA - The economy of Internet-of-Things.

If you are unfamiliar with what this completely new kind of crypto is all about head over to www.iotatoken.com to get an introduction. Also check out the thread here on BTT: https://bitcointalk.org/index.php?topic=1216479.0

Since the unveiling a lot of people has eagerly asked us daily via forums, PMs and mail for details of the upcoming crowdsale and how to acquire iotas. We are happy to finally be able to share the details and answers with you all, and also to invite everyone onboard this ambitious project.



This is the only official crowdsale of IOTA that there will ever be. This is it, in its entirety. There is absolutely no premine or presale to exclusive and privileged investors of any kind. Everyone is equal and has the same opportunity. So if you want to get ahold of iotas from day 1 and be part of writing a new chapter in crypto and IoT, this is your one chance.











How to purchase and collect your iotas







Step 1: Simply deposit the purchase sum to this address :



1G8hh3bHMMhZSATwisBVbGFSYBKK3Suib8



from a bitcoin address that you are in complete control of. (Min amount: 0.001 BTC. Has to be standard tx. This is to prevent spam)







Step 2: After the sale ends you can collect your iotas from collect.iotatoken.com (goes live on 22nd of December)







Step 3. This site will instruct you to send a very tiny, but specific BTC sum, for example 0.000xyz BTC from the very same bitcoin address that you deposited your purchase sum from. This is to prove your ownership so that we can ensure that the rightful buyers gets their iotas.



This means that you can not purchase via depositing directly from an account at an exchange or equivalent which often change the sender address repeatedly.



Re-read these steps carefully before purchasing! If you are unable to prove that you own the bitcoin address that the bitcoins were sent from, the iotas will be forfeited.







Offering



999 999 999 iotas is up for sale.

This amount will be distributed between the buyers proportionate to their individual purchase sum. E.G. if your purchase sum make up 5% of the total sum of all purchases, you will get 5% of all the iotas for sale. (obviously including early bird schedule)



Accepted currencies



Bitcoin





JINN tokens locked at a fixed value of 0.0063 BTC per token.







Duration and schedule



Duration: 27 days.

Date: 25th November at 2 PM UTC - December 21st 11:59 PM UTC.



Schedule



Pioneer 15% more iotas.



9 days from 25 November - 3 December at 2 PM UTC





Early adopter 7.5% more iotas



9 days from 3 December - 12 December at 2 PM UTC





Slightly-less-but-still-very-early adopter



9 days from 12 December - 21 December at 11:59 PM / 23:59 UTC



[/s]





Purpose of the crowdsale





Development. The crowdsale funds will be used for further development and finalization of the IOTA software as well as development of the Jinn hardware processor which will strengthen and help bootstrap the network in its growing phase. Additionally funds will be used on marketing efforts to help nurture the growth of the IOTA network and community.



Prevent hoarding whales from stifling the project. If the tokens had not been sold but instead distributed through a sign-up scheme or mining of some sort, centralization would inevitably arise and usage of sybil type strategies would cheat the system.



Kickstart the ecosystem. As these tokens exist in limited quantity and every single one of them is sold in this exclusive crowdsale, it is imperative that the people who end up with them value their utility and functionality in such a manner that they have an incentive keep them useful and valuable. This is absolutely vital for organic growth of IOTA.







Terms and Risk www.iota.org | www.twitter.com/iotatoken

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Hero MemberActivity: 724Merit: 500 Re: IOTA Crowdsale November 25, 2015, 02:07:21 PM #3 Obviously. Build hype for 1 month then have a crowd sale

Hollowman338



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LegendaryActivity: 1246Merit: 1000 Re: IOTA Crowdsale November 25, 2015, 02:17:49 PM #4 Why not utilize the NXT asset exchange or monetary system for this?

Come-from-Beyond



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LegendaryActivity: 2128Merit: 1009Newbie Re: IOTA Crowdsale November 25, 2015, 02:20:54 PM #5 Quote from: YouScam on November 25, 2015, 02:06:22 PM People should keep in mind that ICOs are mostly scams.



Thank you, advice from a newbie account is especially valuable. I'm just curious if you think that BTT users are that stupid that they need advice like yours or you just want to buy most of the tokens but keep the others away of it? Thank you, advice from a newbie account is especially valuable. I'm just curious if you think that BTT users are that stupid that they need advice like yours or you just want to buy most of the tokens but keep the others away of it?

Krypt



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LegendaryActivity: 1456Merit: 1053 Re: IOTA Crowdsale November 25, 2015, 02:30:51 PM #13 Quote from: iotatoken on November 25, 2015, 02:05:51 PM

IOTA Crowdsale

IOTA - The economy of Internet-of-Things.

If you are unfamiliar with what this completely new kind of crypto is all about head over to

Since the unveiling a lot of people has eagerly asked us daily via forums, PMs and mail for details of the upcoming crowdsale and how to acquire iotas. We are happy to finally be able to share the details and answers with you all, and also to invite everyone onboard this ambitious project.



This is the only official crowdsale of IOTA that there will ever be. This is it, in its entirety. There is absolutely no premine or presale to exclusive and privileged investors of any kind. Everyone is equal and has the same opportunity. So if you want to get ahold of iotas from day 1 and be part of writing a new chapter in crypto and IoT, this is your one chance. 1 month ago, after weeks of rumours and speculation, we unveiled a unique project that had been in stealth development for months:- The economy of Internet-of-Things.If you are unfamiliar with what this completely new kind of crypto is all about head over to www.iotatoken.com to get an introduction. Also check out the thread here on BTT: https://bitcointalk.org/index.php?topic=1216479.0 Since the unveiling a lot of people has eagerly asked us daily via forums, PMs and mail for details of the upcoming crowdsale and how to acquire iotas. We are happy to finally be able to share the details and answers with you all, and also to invite everyone onboard this ambitious project.This is the only official crowdsale of IOTA that there will ever be. This is it, in its entirety. There is absolutely no premine or presale to exclusive and privileged investors of any kind. Everyone is equal and has the same opportunity. So if you want to get ahold of iotas from day 1 and be part of writing a new chapter in crypto and IoT, this is your one chance.



How to purchase and collect your iotas



Step 1: Simply deposit the purchase sum to this address:



1G8hh3bHMMhZSATwisBVbGFSYBKK3Suib8



from a bitcoin address that you are in complete control of. (Min amount: 0.001 BTC. Has to be standard tx. This is to prevent spam)



Step 2: After the sale ends you can collect your iotas from collect.iotatoken.com (goes live on 22nd of December)



Step 3. This site will instruct you to send a very tiny, but specific BTC sum, for example 0.000xyz BTC from the very same bitcoin address that you deposited your purchase sum from. This is to prove your ownership so that we can ensure that the rightful buyers gets their iotas.



This means that you can not purchase via depositing directly from an account at an exchange or equivalent which often change the sender address repeatedly.



Re-read these steps carefully before purchasing! If you are unable to prove that you own the bitcoin address that the bitcoins were sent from, the iotas will be forfeited.



Offering



999 999 999 iotas is up for sale.

This amount will be distributed between the buyers proportionate to their individual purchase sum. E.G. if your purchase sum make up 5% of the total sum of all purchases, you will get 5% of all the iotas for sale. (obviously including early bird schedule)



Accepted currencies



Bitcoin



JINN tokens locked at a fixed value of 0.0063 BTC per token.





Duration and schedule



Duration: 27 days.

Date: 25th November at 2 PM UTC - December 21st 11:59 PM UTC.



Schedule



Pioneer 15% more iotas.



9 days from 25 November - 3 December at 2 PM UTC



Early adopter 7.5% more iotas



9 days from 3 December - 12 December at 2 PM UTC



Slightly-less-but-still-very-early adopter



9 days from 12 December - 21 December at 11.59 PM UTC





Purpose of the crowdsale



Development. The crowdsale funds will be used for further development and finalization of the IOTA software as well as development of the Jinn hardware processor which will strengthen and help bootstrap the network in its growing phase. Additionally funds will be used on marketing efforts to help nurture the growth of the IOTA network and community.



Prevent hoarding whales from stifling the project. If the tokens had not been sold but instead distributed through a sign-up scheme or mining of some sort, centralization would inevitably arise and usage of sybil type strategies would cheat the system.



Kickstart the ecosystem. As these tokens exist in limited quantity and every single one of them is sold in this exclusive crowdsale, it is imperative that the people who end up with them value their utility and functionality in such a manner that they have an incentive keep them useful and valuable. This is absolutely vital for organic growth of IOTA.





Terms and Risk http://188.138.57.93/risk.pdf

Just to preserve your offering.

CryptoHobo



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LegendaryActivity: 1050Merit: 1000 Re: IOTA Crowdsale November 25, 2015, 02:34:12 PM #16 I stay away from crowdsales but this is blatantly worth a gamble

ChiefCoin



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NewbieActivity: 19Merit: 0 Re: IOTA Crowdsale November 25, 2015, 02:36:43 PM #17 999 999 999 iotas is up for sale

and how many total of iotas?

you should show all detail info . how many iotas that dev team hold it , what about the development fund ?



iotatoken



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Hero MemberActivity: 714Merit: 500 Re: IOTA Crowdsale November 25, 2015, 02:36:51 PM #18 Quote from: Richard1972x on November 25, 2015, 02:33:34 PM If I read this document there are a lot of risks. But thanks that you are so open about them, especially if you don't have a lot of knowledge like me in this market.



For sure, with all revolutionary technology there are great risks and it's the right thing to be open about it, even in a space like crypto where people are used to risk. For sure, with all revolutionary technology there are great risks and it's the right thing to be open about it, even in a space like crypto where people are used to risk. www.iota.org | www.twitter.com/iotatoken