Tokenomics FAQs

WeOwn
OwnMarket
Published in
2 min readMar 5, 2018

What is your hard cap?

$8m USD

How many tokens are created?

Total CHX is 200m

How many tokens are for sale?

Maximum CHX for sale is 100m (total for all sales)

What is the price?

0.00017 ETH (for all sales)

How many tokens did you sell in public presale?

The public pre sale raised approximately $250,000 USD. Including all bonus tokens this equates to approximately 4.7m CHX. The price was 0.00017 ETH with a 30% bonus. There was also a 100% ETH peg uplift (450 USD to 900 USD) to make up for the delay in the token distribution. There is no lock up for public pre sale investors.

How many tokens did you sell in round 1 private sale?

The round 1 private sale raised approximately $650,000 USD. Including bonus tokens this equates to approximately 11m CHX tokens. The price was 0.00017 ETH and the bonus was 30%. Bonus tokens are locked for 6 months.

How many tokens did you sell in round 2 private sale?

The round 2 private sale is still ongoing but we expect to raise approximately $5m USD. If the ETH price remains stable this will equate to approximately 45m CHX including bonus tokens. The price is 0.00017 ETH and the maximum bonus is 30%. Bonus tokens are locked for 6 months.

Note if ETH goes up, we will sell fewer tokens. If ETH goes down we will sell more tokens.

How many tokens will be available in the public sale?

We will aim to raise approximately $2m USD in the public sale. If the ETH price remains stable this will equate to approximately 14m CHX tokens. The price will be 0.00017 ETH.

Note if ETH goes up, we will sell fewer tokens. If ETH goes down we will sell more tokens.

Is there a public sale bonus?

No

How many tokens were allocated for bounty?

We will distribute a maximum of 2m CHX tokens through the bounty scheme.

How many tokens will you burn?

If the ETH price stays stable, and the private and public sales sell out as expected, we will burn approximately 23m tokens.

Note if ETH goes up, we will burn more tokens. If ETH goes down we will burn fewer tokens.

When will you release final figures?

After we have completed the token sale distribution, and an audit, we will release final token sale statistics to the community.

Any questions?

Please email us at hello@weown.com

Chainium has rebranded to Own. For more information about our brand change please read this medium post.

www.weown.com

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