How to Contribute to the VLT Token Sale
Yes — the Vault Token Sale has kicked off and as you can imagine it’s an exciting time… If you’re reading this, it’s most likely because you are planning to join in — and just in case you have any questions or queries about how to “get into the Vault” — here is a short guide to making your contribution.
— — — —
For questions or problems with registration, you can contact us here: Support
Please also follow us on Telegram — but note:
WE WILL NEVER POST A CONTRIBUTION ADDRESS ON TELEGRAM.
— — — —
There are several unique steps in the Vault Token Sale process.
If you have contributed to a token sale before — please pay close attention to “Step 6: Select payment method.” (point 2a).
Step 1. Create your Ethereum wallet (ERC20 compatible)
The Vault token (VLT) is a standard ERC20 token. This means that in order to receive VLT after making your contribution, you will need a wallet that supports the ERC20.
Follow this guide for how to set up an ERC20 Compatible Wallet.
Please note that even if you intend to contribute to the Vault Token Sale using fiat currencies (bank transfer or credit card) you will need to create a wallet in order to receive your tokens after the sale.
If you have created a wallet for the first time — DON’T FORGET to save your wallet password and seed phrase.
Step 2. Enter the Vault Token Sale Dashboard
Now you are ready to “Enter the Vault!”
Go to the following URL: https://vault-token.com/
You will be asked to create an account using your email and password in order to log in. Again — DO NOT forget your log-in information!
After logging in for the first time, you will need to confirm your email address. Please check your spam folder if you do not see the confirmation email in your inbox.
Step 3. Fill out basic personal data (name, domicile and address etc.)
Once you have created an account on the Vault Token Sale dashboard, you will be prompted to complete some basic profile information. This will include your full name, your domicile and address.
Note that this is NOT the KYC process. This is simply the account which will be used to register your interest in participating in the Vault Token Sale and to collect the basic information for the transaction.
KYC will be done in a separate step!
Step 4. Choose your contribution method (currency).
Now you will need to choose the way you want to contribute to the Vault Token Sale — in other words, using Ether or using a fiat currency. (At this point if you have a friend that referred you, enter their referral code.)
This can not be done at a later stage.
Step 5. Enter contribution amount
The Vault Token Sale allows contributions in both fiat and crypto currencies. There are slightly different processes and requirements for both methods.
See below for details.
Steps to contribute in fiat:
- Select the fiat currency you wish to use (Swiss Franc, Euro, US Dollar or British Pound)
- Enter the amount you INTEND to contribute (this is not a binding decision — you can actually contribute a different amount later.)
- Submit the form.
- You will be taken to the KYC page to complete the KYC process. AFTER completing KYC, you will receive an email with information about completing your bank transfer or contributing by credit card.
Steps to contribute in cryptocurrency (Contributors may contribute using Ether):
- Find the displayed smart contract address where you will send Ether. This is a unique Ether address specific to your user profile. DO NOT SEND ETHER TO ANY OTHER ADDRESS THAN THE ONE DISPLAYED ON THE DASHBOARD. Each contributor sending Ether will receive their OWN address.
DO NOT SHARE your personal contribution address with anyone else.
2. Use this contribution address to send a transaction from the Ethereum wallet where you hold funds. (DO NOT send funds from an exchange wallet.) We recommend using a gas limit of ~45'000 for the transaction.
3. Complete KYC (Contributors using crypto may complete the KYC after sending funds — at any time up until the time of token distribution.)
VERY IMPORTANT — do not forget to include your Ethereum wallet address where you will receive your tokens once they are distributed after the Vault Token Sale. (See field marked in red above.)
OPTIONAL STEP — Refer your friends
Generate a referral code to send to one or more friends you know you might be interested in contributing.
The Vault Token Sale uses an amazing 1 to Many, Many to 1, style Referral System.
Generate a referral code and send it to all of your contacts that might be interested in contributing. You’ll then get a bonus for every contribution made using your referral code, of 5% of each contribution. Each of your contact’s contributions will also get an additional 5% bonus when using your referral code.
A note about KYC:
For the KYC process, contributors should prepare:
their legal ID
a personal photo
Please note that in many cases a short video verification interview is required. This will ensure compliance with the applicable regulations.
Both personal, legal ID and personal photo should be uploaded into the KYC form — and complete personal information will need to be filled in.
(The “password” field in the KYC onboarding process is a new, separate password — not the one you created in the Vault Token Sale dashboard.)
AGAIN — Contributors participating using fiat currencies must complete KYC before sending funds. Contributors using Ether may complete KYC before OR after sending their contribution — but BEFORE tokens are issued.
Step 7. Watch for your contributed funds to be displayed in your dashboard profile
After you have sent funds (either by bank transfer, card transaction or from your cryptocurrency wallet), you should see the funds displayed in your dashboard profile as soon as they arrive. (This may take a few minutes…don’t worry!)
By completing the KYC process successfully you will be assured of receiving your token allotment upon completion of the sale.
Step 8. Receive tokens
After the completion of Phase II of the Vault Token Sale, you will receive your token allotment to the Ethereum-compatible wallet address which you entered when setting up your profile.
To get your tokens, you should open the wallet you used to contribute to the Vault Token Sale (you entered the public key address in Step 4.)
You will need to “Add a Custom Token”
In the Token Contract Address you should enter:
In the Token Symbol you should enter:
In the Decimals field, you should enter:
If for some reason you did not pass KYC — your contribution will be denied and any funds transferred (crypto contributions) will be returned.
And there you have it!
With this short process — your participation in the Vault Token Sale will be complete.