Swachhcoin (ICO) Token Details
Hello ! First of all, we want to thank all the Swachhcoin community members for their support! This post contains critical information about the Swachhcoin token structure and more.
Dont forget! Nobody from the Swachhcoin team will ever ask for any payment in a message or email. Any such request from anybody is a SCAM! The only place where we publish ETH address is www.swachhcoin.com.
Token
The total number of Swachh tokens are 400,000,000 which is final (no new Swachh token will ever be issued). The tokens are ERC20, the Ethereum token standard.
Token Distribution
As stated above there will be a total supply of 400 million Swachh tokens. They are distributed as follows as seen :
- Crowdsale: 69% tokens are allocated for Swachhcoin Token sale.
- Advisors and Partners: 7% of the tokens are for people willing to partner us and help us through our development.
- Swault (Swachhcoin Vault): 8% goes in the Swachhcoin Vault.
- Bounty: 5% tokens are allocated to early adopters and marketing supports.
- Philanthropy: 3% are saved for our goodwill purposes.
- Team: 9% of the total tokens are allocated for the team members.
Crowdsale
The Crowdsale is subdivided into 2 rounds or events — Pre-Sale & ICO. The Pre-Sale and ICO are open to all. These together would account for 69% or 276,000,000 Swachh tokens. Out of which 9.1% or 25,111,111 Swachh tokens are allocated for Pre-Sale and the rest 90.9% or 250,888,889 Swachh tokens for the main ICO.
This sets the hard cap to 18,000,000 USD and the soft cap to 5,000,000 USD.
Presale
- Tokens available: 25,111,111 Swachh tokens
- Hard cap: 1,000,000 USD
- Price (1 Swachh token): 0.04 USD
Main ICO
- Tokens available: 250,888,889 Swachh tokens
- Hard cap: 17,000,000 USD
- Price: 0.074 USD
We decided to support our hardcap after a lot of advice and reflection from some of the top folks in the blockchain industry. In finalizing our token metrics we had prominent members of the top blockchain projects provide very strategic advice on the serious potential of SWACHHCOIN in the blockchain space ,as well as in the waste management sector. This token structure also enables us to keep the doors open for interested value add groups/pools and strategic parties that can bring added value add to the success of Swachhcoin.
To catch up and stay informed on Swachhcoin’s work , make sure to follow us on various social media. (Facebook , Instagram, Twitter , Bitcointalk , Github ,LinkendIn , Reddit , Medium and Telegram)
And please feel free to send a mail to info@swachhcoin.com if you have more questions.
