Crowdvilla Token Sale Announcement

Aug 1, 2018 · 2 min read

We are delighted to announce Crowdvilla Token Sale is finally happening through GBX Grid, an institutional-grade token launch platform from GBX (Gibraltar Blockchain Exchange). GBX is a subsidiary of GSX (Gibraltar Stock Exchange).

Crowdvilla token ecosystem consists of three ERC20 tokens: CRV, CROWD, and REI:

  • CRV denotes allocation of time-value for the use of all properties in the Crowdvilla portfolio. By holding on to CRV holders will be able to generate CROWD perpetually.
  • CROWD denotes the actual one-off use (burnable) token to stay in the property.
  • REI is a membership token to the ecosystem, whose holder enjoys benefits such as discounts when utilizing their CROWD token. REI is a scarce token.

Here is what you need to know about the token sale.

Token Sale Process

CRV token is a form of timeshare product. Interested contributors will need to first indicate their interests to buy CRV tokens by accepting the terms and conditions on the GBX token sale page. A cooldown period of 14 days is required before contribution can be accepted so we would like to urge contributors to register their interest early to capture the bonuses offered.

CRV Standard Rates

1 ETH = 4,000 CRV + 4,000 CROWD

RKT Rate to be announced 24 hours before the start of the sale.
*RKT rate update*: 1 ETH = 6405.32923 RKT

Bonus Token: REI

1 ETH = 5 REI

Min Contribution

Min: 1 ETH

Token Sale Stages Schedule

There are 3 stages of sale:

1. Stage 1: Early Access Pre-sale

Start: Mon, 6th Aug 2018 07:00 (UTC)

End: Fri, 31st Aug 2018 07:00 (UTC)

Pre-sale is only available to GBX account holders with balance of at least 10,000 Rock Token (RKT) as of Mon, 6th Aug 2018 05:00 (UTC).

Generation Rate (30% bonus): 1 ETH = 5,200 CRV + 5,200 CROWD

Bonus Token: 1 ETH = 5 REI

[Must indicate your interest before Aug 17 in order to satisfy the cooling off period in order to contribute in time for the 30% Bonus!]

2. Stage 2: Public Sale Round 1

Start: Mon, 3rd Sep 2018 07:00 (UTC)

End: Mon, 17th Sep 2018 06:59 (UTC)

Generation Rate (20% bonus): 1 ETH = 4,800 CRV + 4,800 CROWD

Bonus Token: 1 ETH = 5 REI

3. Stage 3: Public Sale Round 2

Start: Mon, 17th Sep 2018 07:00 (UTC)

End: Fri, 28th Sep 2018 07:00 (UTC)

Generation Rate (No bonus): 1 ETH = 4,000 CRV + 4,000 CROWD

Bonus Token: 1 ETH = 5 REI

We would like to remind everyone to register a GBX account and pre-fund the account early to capture the early bonuses offered!

*Note: The GBX has a list of restricted countries, you can find these on their website. Due to regulations in different jurisdictions, Australian and Malaysian residents and citizens are also not allowed to participate in this token sale.

Crowdvilla Communication Channels:


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