Instructions for PAX Distribution

MADANA
The MADANA Blog
Published in
3 min readJul 26, 2019

In this blog post, we will inform our MADANA Pre-Sale contributors of the upcoming collection of the Ethereum disbursement addresses for the PAX cryptocurrency, give instructions on how to do so and provide information about the closing of our community sale.

Please read our previous announcement about the PAX cryptocurrency launch in Q4 2019!

Ethereum Disbursement Address

On July 29th, 2019 we will begin the collection of the Ethereum disbursement addresses from our MADANA Pre-Sale contributors. If you participated, you will receive an E-Mail from our on-boarding which you already know from the MADANA Pre-Sale, asking you to send us your Ethereum public address.

Please also check your spam folder!

After receiving this E-Mail you must simply reply with a copy-paste of your Ethereum public address, from which you own the private key and which is not associated with a cryptocurrency exchange.

Important: By replying to this E-Mail with your Ethereum disbursement address you confirm that you are accepting your PAX cryptocurrency to be received to this address, that you are in full control over your wallet’s private key and that the Ethereum disbursement address is not associated with an exchange account.

You have time until August 18th, 2019 at 12 pm UTC+2 to deliver the disbursement address to us and we will send out two reminder E-Mails throughout August. The last reminder will contain instructions on how to proceed if you failed to deliver the address in time.

Please only send the Ethereum disbursement address as a reply, because you will not receive any answers for questions or other requests.

If you have any questions please contact our support separately at info@madana.io.

How to create an Ethereum wallet

If you are not familiar with how to create an Ethereum wallet, then we strongly suggest you educate yourself first on how to manage your cryptocurrency funds. One of the easiest ways is to use myetherwallet. You will need an Ethereum public address to receive the PAX cryptocurrency from us.

Please keep your passwords and private keys safe.

Disclaimer: MADANA is not liable for the wallet security of myetherwallet or correctness of the information provided in this video. It is in your own responsibility to deliver us the right Ethereum disbursement address (public address) and keep your passwords and private keys safe.

Further, we are not liable for the loss or failure of the transfer of PAX if you fail to send us an Ethereum disbursement address during the given time period or if the wallet used does not satisfy the given specifications. In particular, we will not reimburse any contributions, allocate additional PAX or resend PAX to you. We will not provide PAX to any subsequently announced Ethereum disbursement addresses deviating from the initially announced Ethereum disbursement address.

End of the Community Sale

On August 18th at 12 pm UTC+2 we will shut down the Token Sale Launchpad and thus end the community sale. This means you will not be able to invite people to the Token Sale via the referral link acquired in the community hub.

We will announce the exact date of the PAX cryptocurrency distribution after we made sure that all contributors have been informed sufficiently about this and had enough opportunities to deliver us their addresses.

Please follow us on our social media not to miss this announcement!

Join the MADANA Community

Community Hub: https://communityhub.madana.io
Twitter: https://twitter.com/madana_hq
Telegram: https://t.me/madanaofficial
Reddit: https://www.reddit.com/r/MADANA
Facebook: https://www.facebook.com/madana.io
LinkedIn: https://www.linkedin.com/company/madana.io

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MADANA
The MADANA Blog

Leading the way in Confidential Computing for secure & trusted applications.