Eligma’s frequently asked questions
!!! Important: This article has been updated on April 11th to reflect the fact that we will lock the Ethereum exchange rate at 800 $. !!!
As the dates for our public presale and crowdsale are approaching and our community is growing, we have prepared a set of frequently asked questions to help you with the process.
1. When does the whitelisting start and how long will it be open?
Our whitelisting process started 5 March 2018 at 11:00 UTC and will be open until our crowdsale is finished.
2. When does the public presale start and end?
Our public presale starts 20 March 2018 at 12:00 UTC and ends 10 April at 11:00 UTC or when the phase hard cap is reached.
3. When does the public crowdsale start and end?
Our crowdsale starts 17 April 2018 at 11:00 UTC and ends 8 May 2018 at 11:00 UTC (or until all tokens all sold out).
4. Are there any bonuses in the public token presale?
Yes, we will offer a 15% bonus until the presale hard cap is reached.
5. Are there any bonuses in the public crowdsale?
Yes, they are broken-down like this:
1. 8 % of additional tokens for the first 20 million ELI tokens,
2. 6 % of additional tokens for the second 20 million ELI tokens,
3. 4 % of additional tokens for the third 20 million ELI tokens,
4. 2 % of additional tokens for the fourth 20 million ELI tokens.
5. 0 % for the remaining number of tokens.
6. What will be the total number of ELI tokens available and how many ELI tokens will be sold during the public presale and crowdsale?
A total of 500 million ELI tokens will be created at the Token Generation Event. During the public presale and crowdsale 300 million ELI tokens will be available.
7. What are the minimum and maximum contribution?
The minimum possible contribution is 0.1 ETH and the maximum amount of each contribution will be declared based on community requests a minimum of two days prior to the public crowdsale.
8. Can I participate with any other cryptocurrency or ETH only?
ELI is offered only in exchange for ETH contributions.
9. Which wallets can be used to participate in the public presale or crowdsale?
Please do not use online exchange wallets to send ETH, as you might not be able to receive ELI tokens to those addresses and your tokens will be lost. ELI is an ETH based ERC-20 standard token and participants must use compatible private ETH wallets, such as myetherwallet (MEW). If you are interested in using any other wallets, please check directly with that wallet provider to prevent any potential issues.
10. Are ELI tokens minable?
ELI tokens cannot be mined. All ELI tokens will be created at the token generation event and there will not be another issuing of ELI tokens in the future.
11. When will ETH contributions be validated?
They will be validated on 17 April 2018 at 8:00:00 UTC. We will lock the Ethereum exchange rate at 800 $ and an equivalent value of contributions in USD will be calculated at this time.
12. On which online exchanges will your tokens be listed and when will they be listed?
We are in conversation with multiple online exchanges already. We will disclose all information when they become available.
13. When will you be listed on any ICO listing sites?
We are already present on many ICO listing sites, e.g. icobench, icoholder, foundico, icohotlist and others. We will be listed on others in the future as well. Please follow our website to learn more.
14. What role does the coin have?
Eligma token (code: ELI) is a fully ERC-20 compliant Ethereum utility token and will be available in exchange for Ethereum (ETH) contributions during initial token offering. It will be primarily used in our loyalty program and as payment for using some of the platform features. Please read this article for more information.
If you have any other questions, enter them in the comments below, read our whitepaper or send us an e-mail to support@eligma.co.
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