Kinguin.io Pre-ICO Extended Until May 31st!

Kinguin
Kinguin
Apr 11, 2018 · 2 min read

After an incredible amount of interest in the Kinguin.io Pre-ICO, and numerous requests to extend it, we have made the decision to extend our Pre-ICO until May 31st.

We are very happy and excited about the reception Kinguin.io has received recently thanks to both our Airdrop which gathered more than 30,000 signups in less than 24 hours, as well as our Pre-ICO.

The new schedule for the Kinguin.io ICO looks as follows:

Pre-ICO: March 15th to May 31st

Open Token Sale: June 2nd to June 24th

Subsequent Token Sales: June 25th to March 31st 2019

We have also received a fair amount of questions regarding the Subsequent Token Sales series of rounds which will last 39 weeks. The format is actually quite simple and very beneficial to anyone wishing to purchase Krowns.

Each week a fixed amount of Krowns will be available for purchase. There is no minimum purchase amount. Whether you pay $0.01 USD or $100,000 USD, you will receive your fair share of that week’s Krowns allocation. The Krowns are distributed to each person who paid that week, based on the amount they paid in relation to the total amount paid that week.

For example, if between 7/2/18–7/8/18 (week 2), 478,915 Krowns are available for sale and let’s say 1,000 Ethereum was contributed, each Ethereum will be entitled to approximately 478.9 Krowns tokens. This is because 478,915 KRS tokens are being released and 1,000 Ethereum is being contributed. Putting things into perspective, if you invested 2 Ethereum you would receive approximately 956 KRS tokens.

We are very excited to watch this play out and have the Kinguin Community benefit directly from this.

As always, should you have any questions or concerns, you can email us at: general@kinguin.io or reach us on Telegram.

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