EtherSport Announces the Additional Token Sale Round and White Paper Annex
Dear friends! The Ethersport team welcomes everyone!
As planned, we are informing the community about the development stages of our project. And, considering lots of questions and suggestions in the chats and forums, the Ethersport team has decided to share their plans and vision of the project’s development in more details, in order to clear up all the controversial situations and thoughts of our community, including forecasters, long-term partners of the projects and ESC token holders aimed at getting a quick profit through trading our tokens.
White Paper Annex
As initially stated in the white paper, the project will be launched in any case, regarding of the investment raised thought the token sale. We confirm that we are moving according to the plan, and the first development efforts can be checked out in the MVP. Thanks to the MVP, we are investigating project’s moments, in order to fully and reliably implement the platform’s conditions into the smart contract and prevent all the possible problems. It is important to understand that the work of the projects powered by the blockchain and smart contracts significantly differs from the standard computational platforms on the web. And we are facing many problems with finding specialists who are working with the smart contract. We do not want to work on the project quickly and unreasonably, as it can later result in inconveniences for the forecasters and partners of all types, related with the specifics of the smart contracts. Moreover, the conditions of working with the Ethereum platform are constantly changing, which considerably extends the number of questions related to the project’s optimization that are being solved by our team. Despite this, all the issues are being solved by the Ethersport team in working order.
Considering the above mentioned, we would like to present the project’s development strategy. We understand that the Ethersport community mostly consists of 5 parties concerned:
- Partners who have purchased ESC tokens with a speculative aim;
- Long-term holders interested in the project’s development and long-term profits through preserving the project’s tokens;
These two categories also include the bounty campaign’s and other participants who are working on the project and have received awards for their work.
- Project’s forecasters who are willing to get awarded: win the jackpot using their knowledge in sports, intuition and experience. We treat them as the main participants of the project that will be growing all over the world and is the fundamental part of the project.
- Forecasters who are willing to get the right to become the Lotters on certain conditions, release their forecast lines for the platform’s participants and get rewarded with commissions for their work.
- Project’s founders, the team interested in a sooner start of the project, getting commissions for their idea and efforts on creating the platform, as well as growing the market price of the ESC tokens.
We’d like to particularly point out that even through the aims of different participants are tactically different, everyone is interested in the platform’s launch, the growth of its users from all over the world and getting a certain profit from a successfully operational project. Thereby, it is understandable that the participants of the first category who are most active in terms of the token listing on the exchanges, have to understand that they can do harm to the whole project and its development through their intention to trade tokes. They should also understand that the successful development of the project drives the price growth of the ESC tokens, the holders of which they are. Ethersport team understands this situation well, which is why it doesn’t force the ESC listing on the exchanges up to the project’s test version release on the main Ethereum network and a fully operational smart contracts. However, the team is constantly holding negotiations with such platforms to get the most favorable terms of trading in future.
We’d also like to direct the holders’ attention that there are many people who would like to purchase the ESC tokens, even though there is no official possibility to do that.
After a detailed and public annex to the white paper, the Ethersport team has decided to continue the ESC token sale. We are confident that additional investment will assist in the project’s promotion in the world sports community, its advertising and attracting the maximum participants.
We are especially emphasizing that the Ethersport team has decided to give the chance to buy ESC tokens to all interested individuals, considering a large number of requests. The smart contracts is already prepared for that, and the price and other conditions will be published additionally.
Token Sale Round 2 Conditions
Token Sale Start: March 26th, 2018
Token Sale End: June 25th, 2018
Total Supply for the 2nd round of Token Sale: 55,000,000 ESC
Bounty Campaign Supply: 1,000,000 ESC
ESC Token Price: 1 USD = 1 ESC.
The exchange rate at the moment of purchase is calculated using the calculator on the website and displayed in ETH.
Minimum purchase: 20 USD;
15% bonus to the first 200 participants of the Token Sale;
30% bonus to the purchasers with over 7 ETH amount.
All unsold tokens in the 2nd round of the Token Sale will be vested for one year.
For participants with over 20 ETH amount, please get acquainted with the ‘Special Offering’ tab on the website.
Affiliate Program Conditions:
To participate in the affiliate program, a user needs to have ESC tokens in their wallet.
The recommended wallet for participating in the affiliate program is MyEtherWallet.
Each participant who has invited an additional person will receive 5% from the purchased amount to there wallet in ESC tokens.
In addition to the standard purchase possibility using token sale contract, we offer a chance to win a certain amount of tokens in the prize-winning testing. Together with the tokens, the winner will also receive a prize in ETH.
3rd Platform Testing Stage
We’ve also decided to combine the next stage of the platform’s prize testing with the ESC token sale. Everyone who is willing to get the project’s tokens can choose in which way they’d like to do it, either through purchase, or through participation in the testing, after making a certain investment in ETH. The direct token sale will start on March 26th, 2018. Approximately in the same time, it is planned to begin the new prize testing with a certain contribution. This testing will be partially held with using with smart contract’s infrastructure on the test network. Thereafter, it is planned to hold the prize testing only on a smart contract.
Within a month, after the 2nd Token Sale round is over, we are planning to list the ESC token on several partnering exchanges.
All tokens distributed within the Ethersport team will be locked up for 1 year since the platform’s launch. Moreover, 15% commissions from each line will not be credited to these wallets.
The participation in the platform’s prize testing will require wallet and email identification of the forecasters and contribution in amount of 0.01 to 0.02 ETH, depending on the prize fund of a certain game. The prize fund of the testing period will be 250,000 ESC and 3 ETH. There ability of participating in the testing only through the ETH contribution will be preserved as well.
The exact rules of the new test games will be published within several days. There will be 10 days until the testing for registration of the new participants.
Good luck to everyone! Forecast and get rewarded!
