7.- TOKEN ECONOMY AND PRE-SALE PHASES
Last updated
Last updated
In a previous video we already explained what an ICO is and the reasons why this Initial Offer is being made.
Here we will explain in a simple way the Design of the Token and the offers to the public that will be made with its launch.
In total, 200 million KUULKOINS were issued, without the possibility of more being created later. In the smart contract it was established that there will only be 200 million KUULKOINS and not one more.
Of the 200 million KUULKOINS created, 35% of them will go on the market in 3 different phases of sale, with a preferential price in each of them and also different periods of lockup and vesting that will be explained in another video.
The first phase of sale is Private Sale.
Of the 200 million tokens, 10% will be sold privately at a preferred price per token of $.004 dollars only to strategic users.
Once the lockup and corresponding vesting period has ended, the tokens will be released into the users' wallet.
**Automatically all participants of this phase will receive a rare NFT from the platform's collection.
Once the private sale is concluded, the Public Sale Phase I begins.
Another 10% of the 200 million tokens will be offered in a sale that will be opened to a restricted audience. The KUULKOIN offer will still be made at a preferential price of $.006 per token.
Likewise, once the lockup and vesting period corresponding to this phase has ended, the tokens will be released into the users' wallet.
**Automatically all participants of this phase will receive a common NFT from the platform's collection.
Finally, after the Completion of the Public Sale Phase 1, the Public Sale Phase II will begin.
In this public sale, 15% of the 200 million tokens issued will be offered. This phase is peculiar because this public sale will be made through a launchpad.
A launchpad is an external platform that provides the possibility for new token or cryptocurrency projects to raise capital from a platform already used by the vast majority of users in the industry..
Thanks to the fact that these platforms that are already leaders in the world market, already have a base of holders and investors who, in general, are interested in obtaining early access to high-quality token sales.
Sales on launchpads usually last only a few hours due to the high influx of users.
In this Phase II public sale through a launchpad, the preferential cost of the token will be $.008 dollars.
**Automatically all participants of this phase will participate in the draw to receive an NFT from the platform's collection.
In the following videos we will explain about what are the vesting periods, the lockup periods how the value of the token will be guaranteed and how the remaining tokens will be used.
*Check the Whitepaper for any questions.
🇺🇸WHITEPAPER (eng)