Reserve your spot for the upcoming token distribution event
News curation platform the Decentralized News Network (DNN) has announced it will be whitelisting interested participants for the upcoming public sale of their token distribution event, which is currently in the presale phase. Contributors interested in supporting the DNN are encouraged to sign up in order to reserve their spot.
“We’re excited to begin the process of engaging with valued contributors helping us to build our platform based on accountability and trustworthiness in news,” said co-founder of the DNN, Samit Singh.
As for the presale, DNN will accept ether (ETH), bitcoin (BTC), and any other cryptocurrency contributions that meet the minimum requirement of 5 ETH. Anyone interested in participating in the private presale will be required to sign a presale agreement.
Once interested contributors get in touch with the DNN team, then they will be provided an address to send their ETH or BTC to. Contributors must also use a non-exchange ERC-20 compliant wallet, including MyEtherWallet, Mist, or Exodus, in order to receive tokens. Once the transaction has been confirmed by the DNN team, they will be sent tokens proportional to the ETH value of their contribution directly to their wallet.
For contributions not made in ETH, an average conversion rate between the contributed currency and ETH will be obtained using GDAX, Bitfinex, and Bittrex. This conversion will take place prior to tokens being allocated. Contributors who are interested in purchasing more than €15,000 worth of DNN tokens will be required to go through a Know-Your-Customer (KYC) process.
For more information, or if interested in purchasing DNN tokens during the presale, contact presale@dnn.media, or visit dnn.media.
