CryptoCurve | Public Token Sale Overview

Caih
2 min readOct 24, 2018

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Disclaimer: This post is for informational purposes only. It is not intended to be investment advice. Do your own research for all of your investment decisions.

The CryptoCurve public token sale is almost here! Read below for more information on key dates, summary of token metrics, and additional important information. Step-by-step instructions on how to participate are available in a separate guide.

The CURV public token sale will begin on Tuesday, 30 October 2018 at 15:00 UTC. The sale will be available at https://cryptocurve.network. Please be ready to go at this time.

KYC registration process must be completed in order to participate in the public token sale. You can KYC through the beta version of the Curve Wallet! Register for Curve Wallet Beta access at https://bit.ly/2JKqIt9.

Key Dates

  • Public Sale Start Date: 30 October 2018, 15:00 UTC
  • Public Sale End Date: 30 November 2018, 15:00 UTC*
  • KYC Registration Open Date: 24 October 2018 — see Here
  • KYC Registration Close Date: TBD**

*Or when hardcap is reached, whichever comes first
**Or when 10,000 users complete KYC, whichever comes first

Metrics Summary

  • Token Symbol: CURV
  • Total Public Sale Supply: 30,000,000 CURV
  • Token Price: 1 CURV = $0.20 USD
  • Accepting: WAN
  • WAN Price Peg: 1 WAN = $1 USD
  • Minimum Contribution†: 25 WAN
  • Initial Individual Contribution Limit‡: 600 WAN
  • Public Sale Hardcap: 6,000,000 WAN
  • Public Sale Softcap: 2,500,000 WAN

† Plus gas allowance
Initial Contribution Limit will be lifted 7 days after start of the public sale

Other Important Details

Guaranteed Contribution Period

Users will be limited to an individual contribution of 600 WAN during the first 7 days of the crowdsale. After this time the crowdsale becomes uncapped and users may contribute as much as they want until the hardcap is reached.

MVP/Prototype Available

The Curve Wallet is available to all crowdsale participants. Curve Wallet account creation will be required to participate in the token sale. Other products available include MVPs of a Wanchain Block Explorer (with a streaming API interface), and an offline wallet, MyCryptoCurve, both available for access on our website, https://cryptocurve.io.

Unsold tokens

Upon completion of the sale, if the softcap is met, any unsold tokens will undergo a burning/staking hybrid. 75% of the unsold tokens will be burnt, and 25% of the unsold tokens will be distributed via the Curve Wallet’s staking feature to public and private sale investors who utilize staking.

Excluded Countries

Citizens or passport holders of the United States, Canada, and China are restricted from participation in the sale and will not pass KYC.

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Caih

Serving Blockchain Users Today, Building The Blockchain Reality of Tomorrow https://caih.network