Whitelisting guide for the MADANA PAX Pre-Sale
For the PAX Pre-Sale, starting on the 1st September 2018, we conduct a whitelisting and a KYC process. This is important to comply with legal requirements as well as Know Your Customer (KYC) and Anti-Money-Laundering (AML) laws to allow only verified contributors to participate.
1. Whitelisting overview
Link to the whitelisting website: https://tokensale.madana.io
(Type this directly into your browser tab or bookmark it to know you’re on the correct site.)
Whitelisting Start: 1st August 2018 12:00 (UTC+2)
Whitelisting End: 31st October 2018 12:00 (UTC+1)
Excluded countries: USA, Canada, Mainland China and generally banned countries (see extended list of banned countries below at point 4)
Required documents and information for all contributors:
If there is an issue with the uploaded documents, you will be reached out to clarify.
- Passport or ID card with the “unique identification number”
- Residential address
- Proof of address: A document to proof your current residential address not older than 3 months — like utility bills (eg. water, gas, electricity or mobile bills), bank account statements, credit reports with address.
For institutional investors:
- Information: Company name, Legal form, Jurisdiction under which the company is incorporated, Company seat and address, Commercial register and number, Names of managing directors, Names of beneficial owners
- Proving documents: Power of attorney (if appreciable), Utility bill or credit report, Commercial register entry, Shareholder list, Transparency register entry (if applicable), Articles of association, Proof of identity and address of beneficial owners and acting representatives.
(Provide proof of identity and proof of address for all beneficial owners and acting representatives — please bundle all documents as one PDF.)
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2. How does the whitelisting process exactly work?
Follow the instructions given during the process on the lauchpad. A step-by-step guide regarding the whitelisting registration, you can find in our FAQs.
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3. What happens next? What are the next steps?
Will I get a confirmation email?
Yes, you will receive an email once you have submitted your details and once they have been checked against the relevant Know Your Customer (KYC) as well as Anti-Money Laundering (AML) guidelines. If further documentation is required, you will be contacted via email.
What will happen if my KYC / AML application is rejected?
If you do not pass the KYC/AML assessment, we will email you and you can not participate in the Pre-Sale. Our decision is final.
What will happen from now on?
After passing the KYC and AML process, you are prepared for the PAX Pre-Sale. We keep you updated! How to contribute exactly to the Pre-Sale will be published in time.
When can I start to contribute?
The Pre-Sale will start on 1st September 2018, this is when you can start to contribute with Bitcoin (BTC), Ethereum (ETH) and Lisk (LSK). But first you need to pass the KYC/AML check.
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4. More information about the Whitelisting
I have dual Citizenship and have houses and property in both the countries, which documents should I provide as address proof?
In this case, please provide the house address and its document proof as the proof of address for the country where you pay your taxes or are registered / obliged to pay taxes in.
Residents from Taiwan, Hong Kong and Macau:
- Residents of Hong Kong, Macau and Taiwan are eligible to participate.
- If you are a foreign national living in China, you may register as a resident of your home country, so long as you have the required documentation.
- If you are a Chinese national with dual residence, you may register with your non-Chinese proof of residence.
Complete list of banned countries:
Afghanistan, Algeria, Bolivia, Burundi, Cambodia, Canada, Mainland China, Crimea, Cuba, Ecuador, El Salvador, Eritrea, Ethiopia, Guinea-Bissau, Iran, Iraq, North Korea, Kosovo, Kyrgyzstan, Laos, Libya, Malawi, Mali, Mozambique, Serbia, Somalia, Sri Lanka, Sudan, South Sudan, Syria, Tajikistan, Tanzania, Timor-Leste, Trinidad and Tobago, Tunisia, Uganda, USA, Uzbekistan, Vanuatu, Venezuela, Yemen, Zimbabwe
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5. More information about the Token Sale
Pre-Sale hard cap: € 7.500.000 (Euro)
PAX Token price: € 0.50 (Euro) in Pre-Sale — € 1.00 (Euro) in Main Sale.
Accepted contribution methods:
Bitcoin (BTC), Ethereum (ETH), Lisk (LSK)
Minimum investment:
The minimum investment for the Pre-Sale is € 100 (Euro).
Bonus:
Contribution via Lisk (LSK) will ensure a bonus of +10% PAX Token.
Does being whitelisted guarantee that I will be able to contribute?
No, we reserve the final right to accept or reject the contribution of an acquirer. We will stop taking Pre-Sale contributions from anybody as soon as we reach its hard cap.
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If you have further questions, read our FAQ and visit our website https://www.madana.io.
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