Gimmer Token Structure for the Private Presale and Public Token Sale
Automated crypto-trading platform Gimmer has designed a Token Structure, which will be used during the Private Presale and the Public Token Sale.
Gimmer is holding a Private Presale and a Public Token Sale to further develop its platform along with Gimmer’s advanced algorithmic trading bots. The Presale opens on January 17, 2018 and participation is limited to AML/KYC approved investors - each contributing a minimum of 30 ETH - you can request access to the presale by joining Gimmer’s Whitelist and selecting “30 ETH (presale minimum)” as your intended contribution. The presale is limited to 15% of the token supply.
The Gimmer Public Token Sale will start on February 1, 2018 at 12:00 UTC and will be open to everyone with a minimum contribution of 0.1 ETH and bonuses of up to 20 percent offered. The Public Token Sale will end on February 28, 2018 or when hard cap of 35,000 ETH is reached.
Token sale structure
Maximum token supply: 110,000,000 GMR
Available in presale: 15,000,000 GMR
Available in public token sale: 85,000,000 GMR (plus any unsold presale tokens)
Soft cap
4,800 ETH
Hard cap
35,000 ETH
Exchange rate
1 ETH = 2,500 GMR (+bonus)
Minimum contribution
Presale minimum: 30 ETH
Public token sale minimum: 0.1 ETH
Presale Token Bonus
1,000 ETH and above will receive +40% Bonus GMR Tokens.
300 ETH to 999 ETH will receive +30% Bonus GMR Tokens.
30 ETH to 299 ETH will receive +25% Bonus GMR Tokens.
Public Token Sale Bonus
Week 1: +20% Bonus GMR Tokens
Week 2: +15% Bonus GMR Tokens
Week 3: +10% Bonus GMR Tokens
Week 4: +5% Bonus GMR Tokens
Dates
Presale: 17th January 2018 12:00 UTC to 31st January 2018
Public Token Sale: 1st February 2018 12:00 UTC to 28th February 2018 12:00 UTC
Advisers, reserves and team tokens
10 percent of the total number of tokens sold will be created and made available for bounties, advisers, reserves and team. Meaning the maximum possible is 10 million GMR so, if only 1 million GMR is sold during both the presale and public token sale, only 100,000 GMR would be created and spent on bounties, advisers, reserves, and the team. This breaks down as follows, 4 percent of the total tokens issued will be spent on bounties, while advisers, reserves and the team will receive 6 percent of the total tokens issued.
As stated above, an additional 6% of the total tokens issued (Tokens sold plus bonus offered) during the sale will be created and distributed as follows:
45% Advisers
45% Reserves
10% Core Team
Unsold Gimmer Tokens
The way Gimmer’s smart contract works, is we only create the number of tokens that have been sold, plus the respective bonus tokens. Any unsold tokens will not be created.
Maximum transaction
There is no maximum transaction amount. Transactions over 30 ETH will be subject to submission of KYC documentation. For transactions above 300 ETH, we invite you to contact our support team at team@gimmer.net
The issuing of the tokens
GMR Tokens will appear in your ERC20 wallet immediately after the purchase has been confirmed. They will only become transferable when the token sale has officially ended on February 28, 2018. Please do not send ETH from a non ERC20 wallet or from an exchange wallet as you may risk losing your GMR tokens.
If you have any questions contact Gimmer support at team@gimmer.net
