Token Sale — Reminders
The Elastos Token Sale will close at 4 PM Pacific Time, January 22, 2018. Any transactions received after this time face potential forfeiture and/or refund.
1. This is not a time-based sale, which means the Token Sale is not “first come, first serve.” There is no rush. As with any digital currency transfer, please take your time and exercise caution when transacting. Each Token Sale participant has an individual cap for participation. However, please ensure your transactions are made before the deadline. The deadline is 4 PM Pacific Time, January 22nd.
2. Please be diligent that you only transact within the allocation amount allowed. If your transfer is less or more than the individual minimum or maximum (individual cap), the transaction will be considered invalid, your funds will be returned, and transaction fees deducted. For example, Elastos will not consider a transaction of 0.09 as 0.1 BTC. Failure to participate within the minimum and maximum limit (individual cap), will result in an invalid transaction and your contribution will be returned, minus transaction fees.
3. Please make sure that your BTC or NEO account allows withdrawal of BTC or NEO. Some platforms require account verification before withdrawal. If this is the first time verifying your account, it may take 1–3 working days to do so. For investors with larger amounts, there may be a limitation on your daily withdrawal amount. Please make a plan early to avoid this issue.
4. Depending upon your wallet, it may cost anywhere from 0.0001 BTC to 0.001 BTC in GAS to withdraw BTC. It is suggested to use the auto-generated default value for GAS; however, be sure to review the cost of the GAS prior to executing and transacting. Some exchange platforms charge a fee for BTC withdrawal. For more details, please follow the standard set by each platform for the surcharge.
5. We understand that some of you have forgotten your address that was used for your registrations, therefore we’ve adjusted our Whitelist to allow you to participate from an alternate approved BTC or NEO address. Elastos has created unique contribution addresses that are designed only for you to send your BTC/NEO from the address of your choosing.
6. Please ensure that your contribution address has an adequate amount of BTC (or NEO) to afford Token Sale participation including all funds needed to cover transaction fees (GAS). If the amount of BTC (or NEO) is not sufficient to meet the minimum contribution level (0.1BTC), you will be able to transfer the remainder by 4 PM Pacific Time, January 22, 2018; If you transfer more BTC or NEO than the approved individual cap, the amount exceeding your individual cap will not be refunded.
7. Once you have successfully transferred BTC or NEO, it is understood that you have accepted all the terms listed in the email agreement and Terms of Use; If you disagree with any terms in the agreement, you will have the right to relinquish the token sale opportunity via nonparticipation.
8. When registering your wallet, please make sure to write down the security passphrase to access your wallet, in case you lose your private key. This is the only address where you will receive ELA tokens. Please refer to the following Elastos wallet information carefully and keep your wallet safe. You will need your ELA wallet to receive ELA tokens after the transaction is completed.
9. If the first round of the Token Sale does not meet hard cap requirements for the full 2 million ELA allocation, we will contact participants and open another round for whitelisted individuals to participate. Our goal is to ensure transparency and ensure that as many individuals with a desire to participate can do so.
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