Dear TOKOK users,
TOKOK Feature will launch IPFST token sale from 12:00 to 16:00 (UTC+8) on 2019/9/5.
There will be two rounds:
Round 1: From 12:00 to 14:00 (UTC+8) on 2019/9/5 (Limited to VIP2 level and above users)
Round 2: From 14:00 to 16:00 (UTC+8) on 2019/9/5 (Limited to users holding 100 thousand and above TOK or 10 and above KEY)
Rules of TOKOK Feature:
- TOKOK Feature selects high-quality blockchain projects globally, and opens trading on TOKOK.
- IEO is the certificate of users to participate in each phase of the token sale, which is not digital currency and only for the project purchase on TOKOK Feature at a ratio of 1:1.
- Upon completion of the purchase, project tokens will be distributed according to the distribution coefficient and the remaining currencies will be returned.
- The projects of TOKOK Feature will be supported by TOKOK exchange to launch in the main trading area.
Details
Token |
IPFST |
|
Total Supply |
1,000,000,000 IPFST |
|
Distribution |
20.25% for seed sale (Price:0.0065 USD) After listing on exchanges for 6 months, 25% of seed sale will be unlocked and then unlock 25% every year 15% for team motivation After listing on exchanges for 12 months, 20% of seed sale will be unlocked and then unlock 20% every year
|
|
Amount on TOKOK Feature |
Round 1 |
10,000,000 IPFST |
Round 2 |
10,000,000 IPFST |
|
Ratio (The ratio of TOK will be announced later.) |
Round 1 |
1 IPFST= 0.005 USD |
Round 2 |
1 IPFST= 0.006 USD |
|
Maximum Purchase Amount for single account |
Round 1 |
50000 IPFST |
Round 2 |
20000 IPFST |
|
Time |
Round 1 |
12:00~14:00(UTC+8)2019/9/5 |
Round 2 |
14:00~16:00(UTC+8)2019/9/5 |
|
Participation Qualification |
Round 1 |
TOKOK VIP 2 and above |
Round 2 |
holding 100 thousand and above TOK or 10 and above KEY |
|
Lockup |
Not required |
|
Type |
ERC20 |
|
Trading pair |
IEO/TOK |
|
Protection |
If the trading price of the project is lower than the selling price within one week after listing, the project party shall buy back at extra 20% the selling price. |
Note: We will open trading for IPFST as other exchanges.
Project Intro:
IPFS Mining Token (IPFST) is the first token corresponding real hashrate. By mapping with hashrate, users hold IPFST and enjoy the mining revenue of corresponding hashrate. At the same time, users holding tokens can also enjoy preferential on purchasing mining machine and other rights and interests.
It is jointly launched by Butterfly Pool and VIIN AB and regular financial audited by a third party licensed audit institution recognized by the regulatory authority, open and transparent, and in compliance with the operation.
Website:http://www.ipfst.world/
Whitepaper:http://www.ipfst.world/IPFST.pdf
Token Distribution:
1. When the purchase is completed, IPFST will be distributed to users’ account according to distribution coefficient and the remaining TOK will be returned.
Distribution coefficient= Amount on TOKOK Feature / purchase amount of all users
Actual received= Distribution coefficient * IEO purchased;
2. Round 1: 50 lucky users will be selected to share 40% of the tokens. The other users will be able to split the remaining 60% in proportion to their IEO purchased.
Round 2: 200 lucky users will be selected to share 40% of the tokens. The other users will be able to split the remaining 60% in proportion to their IEO purchased.
3.The rules of lucky draw:
The hash of the first BTC block after 17:00(UTC+8) on 2019/9/5 is taken as the winning sequence, and the hash matches the order ID from the last digit forward. The order ID with the most consecutive numbers of the same digits win the reward. If the number of matched users exceeds the number of lucky users, priority will be given to the users who placed the order earliest.
Detailed rules of hash lucky draw:
- The hash of the first BTC block after 17:00(UTC+8) will be confirmed.
- The letters are omitted from the hash and a series of numbers are taken as the winning sequence.
For example, the hash is:
0000000000000000000465c474fc032b61b86e550e231336911394be6cc05b60
After omitting the letters, the number is
0000000000000000000465474032618655023133691139460560
Take this as the winning sequence.
- The order number of qualified users shall be compared from the last one forward.
- The order ID with the most consecutive digits with the winning sequence will win.
Start to compare the order ID and sequence with the most numbers. For example, the maximum order ID digit is 9, and start with the last 9 digits from the winning sequence.
Confirm whether they have the same numbers in a row:
139460560
If there is no match, then compare the last 8 digits, and so on.
If the search the last 4 digits, 3 orders match:
190823111638783000560
190823122342854710560
190823110522857480560
Then the time of the order ID is compared.It is concluded that 190823110522857480560 is the lucky user. Search all winners of this event in turn.
(TOKOK reserves all the right for the final explanation of this activity.)
Other matters needing attention:
- Do not support the following countries or regions:
Albania, Afghanistan, Ethiopia, belarus, bosnia and herzegovina, Burundi, north Korea, the republic of the Congo (gold), Cuba, guinea, guinea Bissau, Canada, Zimbabwe, ivory coast, Lebanon, Liberia, Libya, Malaysia, Macedonia, the United States, Burma, south Sudan, Serbia, Sri Lanka, Sudan, somalia, Thailand, Trinidad and Tobago, Tunisia, venezuela, Uganda, Ukraine, New Zealand, Syria, yemen, Iraq, Iran, Africa. Users in other countries should participate in accordance with their own laws.
- Risk tips
1). Feature project is a start-up project, which is in the initial stage and may have risks. Investors are requested to have the self-assessment of investment and understand the risks of blockchain start-up projects and master advanced investment and financial knowledge.
2). The contents of announcements and other information on TOKOK do not constitute investment advice, and TOKOK will not bear any direct or indirect losses arising from reliance on such information. TOKOK does not undertake the responsibility of guarantee and compensation.
Thanks for your support!
TOKOK Team
August 30, 2019