Afterschool ICO launching today September 26, 14:00 (UTC+4)

Afterschool
Afterschool
Published in
3 min readSep 26, 2017

We’re excited to open up our crowdsale today at 14:00 (UTC+4). Our website has a countdown available for those that operate in different time zones.

Afterschool token will be the first of its kind in the industry and offers attractive investment returns. Unlike other ICOs, Afterschool has the advantage of having an existing fully-functional revenue-generating platform. Its winning business model has brought in 500 activity providers, 25,000+ registered parents and has generated millions of dollars’ worth of activity bookings since 2015. Investors are invited to help it bring the underlying technology in its two-sided marketplace forward by implementing blockchain.

ICOBench has given Afterschool a rating of 4.3 out of 5. This shows the strong reliability and transparency of our project. This can convince some of cryptocurrency enthusiasts out there but there are still many details that the audience would like to know more before they invest. To clarify some of these details, we would like to share some FAQs below to help you make a decision.

Why should you purchase Afterschool Tokens (AST)?

  • We are the first after school activity booking platform and kids’ activities marketplace to use blockchain technology.
  • We are a great team of diverse, skilled individuals with strong record of delivering on projects. You can rely on us to execute the project and get things done!
  • Afterschool solves a problem and our product has a real market.
  • We’re existing and we have a proven revenue-generating business model that we would like to replicate in more places worldwide.
  • We have a clear, solid roadmap with details of our long-term vision which includes stages of integration of decentralized technologies and expansion plans in the next 3 years.

What is an Afterschool token?

Afterschool Token (AST) is an ERC20 compliant ethereum token that parents can used to pay for children’s after-school activities under the Afterschool’s blockchain system. Activity providers can accept the same as mode of payment. It will also be used to incentivize parents and providers through a reward system in the platform using Ethereum smart contracts.

When will the Afterschool crowdsale starts?

Crowdsale will be today, September 26 (UTC +4) and will continue for a month till October 26.

Where and how will the crowdsale take place?

The sale will happen through a secure token sale wallet on our website.

What is the starting price of the Afterschool token?

Base price is set at $0.05 with the price of ETH to be locked to the value of USD on the day of the launch.

How many tokens will be available in the token sale?

Token supply is at 800 million. Total amount to be distributed is equivalent to $12M maximum cap.

Will there be any bonus discounts for early adaptors?

Yes, Afterschool is giving 60% starting bonus to early investors. The more you pay with single transaction — the bigger percentage bonus ASTs you can get. Refer to the tier system below:

  • Stage 1 (10% of campaign goal) — 60% discount
  • Stage 2 (11%-50% of campaign goal) — 30% discount
  • Stage 3 (51%-70% of campaign goal) — 20% discount
  • Stage 4 (71%-91% of campaign goal) — 15% discount
  • Stage 5 (91%-100% of campaign goal) — 10% discount

Which payment method will be accepted?

Ethereum (“ETH”) will be the only accepted method in the general sale. Only send Ether (ETH) as it’s an ERC20 token and will not operate with other currencies. Other currencies will need to be exchanged to ETH first.

How do we participate in the pre-sale?

  • To participate in the ICO, individuals can create a wallet on MyEtherWallet.com, Parity or Mist.
  • Participants can purchase Ethereum (ETH) from various exchanges such as Coinbase or Bitsquare, or buy with other cryptocurrencies from platforms such as Bittrex and Poloniex, unless already owned.
  • Transfer ETH to an ERC20 compatible wallet.
  • Locate your ERC20 compatible wallet address for receipt of tokens.
  • Provide your token receipt address and send the ETH deposit to the payment address displayed through the token sale wallet.
  • The contract address to send to will be made public tonight on our website. Due to security reasons, tokens will remain locked until the end of the crowdsale.

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Afterschool
Afterschool

Afterschool is a two-sided after school activity marketplace set to decentralized its platform using ethereum blockchain. ICO will be on Sep 26, 2017.