ServAdvisor FAQ (Frequently Asked Questions)
What is ServAdvisor?
ServAdvisor is a worldwide first decentralized services recommendation platform based on unique customer specific preferences. ServAdvisor utilizes Augmented Reality (AR), Artificial Intelligence (AI), Smart Contracts and Original Token, creating a revolutionary token-based economy connecting service consumers and retailers\ service providers into one eco-system.
What is Crowdsale and Presale?
Crowdsale is a mechanism for raising funds, during which future crypto-currency is sold to investors (backers). Transfering Ethereum, the investor receives in return the tokens of the new project. This is an alternative method of crowdfinding — the purchase of coins of the company, the price of which will increase a lot in case of success.
Presale is initial stage of Crowdsale where investors are given a unique chance to buy tokens at a discount\ with bonus and start supporting the project at an early stage.
How to participate in Crowdsale or Presale?
Presale and Crowdsale will be held on the website http://servadvisor.co/. For participation, you should click the button «Join token sale now» and follow simple instructions. Token sale will be based on the “first come, first served” principle, therefore we cannot guarantee the availability of tokens for all interested participants.
How do I benefit from the Token Crowdsale and Presale?
Participants of Presale and Crowdsale have a unique opportunity to buy SRV tokens with a huge bonus and thus help change the industry for better.
What cryptocurrencies can I use to purchase?
Crowdsale is currently available with Ethereum. The minimum contribution is 0.1 ETH.
When will Presale begin?
The Presale campaign will start on 10 September 2018 00:00 UTC and last 30 days.
What is the reason of holding Presale?
A successful Token Presale will help expand the team of developers and increase the speed of coding. Thanks to the additional funding received as a result of the successful Presale, we will be able to release alpha version of ServAdvisor before the official crowdsale. Additional funds will be used to conduct international marketing campaigns. Token Presale will be based on the “first come, first served” principle, therefore we cannot guarantee the availability of tokens for all interested participants.
How much SRV will I get for 1 ETH during Presale?
During Presale 1 ETH = 65 000 SRV. That implies a 30% bonus.
Will everyone be able to purchase tokens at Presale price?
195 000 000 SRV tokens will be issued at a special price for a limited number of participants. Token Presale will be based on the “first come, first served” principle, therefore we cannot guarantee the availability of tokens for all interested participants.
How will Presale funds be used?
60% — to the product development team:
- Additional back-end developers,
- AI developers, designers
33% — expenses for PR and marketing:
- International marketing campaigns
- Promos in 5 regions (North America, Asia, Europe, Russia, Latin America)
- Conferences and media partners
- SMM, opinion leaders
5% — bounty
2% — on advisers and project managers
When will Crowdsale begin?
The Crowdsale campaign will start on 12 November 2018 00:00 UTC and last for 30 days if the maximum amount is not collected earlier.
What is the purpose of Crowdsale campaign?
Attract up to 30,000 ETH from early investors. As soon as the amount is collected, the SRV smart contract will stop accepting new contributions.
How much SRV will I get for 1 ETH during Crowdsale?
Early participants will get more benefits. The price of SRV depends on the number of ETH attracted during Crowdsale.
How will Crowdsale funds be used?
Revenues from the tokens Crowdsale will finance the launch of beta version of ServAdvisor App and its further marketing and development:
55% — product development team. Further development of IOS and Android mobile app, web-platform, business development, relationships on the market, partnerships with biggest retailers and service providers, building a community worldwide
25% — marketing and sales expenses, media content, PR, SMM and attraction of all types of users, presentations and advertising campaigns, purchase of targeted traffic
10% — business development team
7% — project management, advisors, legal expenses
3% — bonus to developers and creators
What is a ServCoin (SRV) token?
The ServCoin (SRV) token is an important component of the ServAdvisor ecosystem and is intended for backing all types of operations within this ecosystem. This makes the SRV token an integral part of the ecosystem and its economy driver. The ServCoin token is set to be listed on cryptocurrency exchanges and can be easily converted into other cryptocurrencies.
How much SRV tokens will be sold during Presale and Crowdsale?
We will release 2 000 000 000 SRV tokens:
- 1 690,000,000 (84,5%) shall be distributed during presale and crowdsale;
- 310,000,000 (15,5%) shall remain in ServAdvisor Pool (Reserve).
Can I participate in Crowdsale or Presale without having a wallet?
No. Because SRV tokens are implemented on the blockchain Ethereum, you will need an Ethereum address for purchasing and storing SRV tokens. You can use the following Ethereum wallets to participate: Ethereum wallet, Mist, MyEtherWallet
On which exchanges will SRV tokens be placed?
We will negotiate with the stock exchanges in the early stages, so that SRV token is available for trading immediately after the end of Crowdsale.
Is ServCoin (SRV) token a security?
No. The ServCoin tokens are Utility tokens and they serve as a future access to ServAdvisor world of retailers, service providers and service consumers.