Everything you need to know about the Natmin token
The Natmin token (NAT) is an unmineable, digital token that powers the Natmin Pure Escrow platform; a revolutionary, decentralized application that provides Escrow Services. It will be used to fund transactions between buyers and sellers on the platform. The token will be distributed as an ERC20/ERC223 standard on the widely used and accepted Ethereum Blockchain. There is a fixed supply of NAT that will be available for purchase from our platform itself, or from various exchanges after the TGE (Token Generating Event).
A total supply of 400,000,000 tokens have been created for the TGE, which is the only time tokens will be generated. 240,000,000 of these tokens have been allocated to the Pre-Sale and Public Sale.
Tokens allocated to the team and advisors will be vested for 180 days.
70% of unsold tokens will be distributed as a bonus to Pre-Sale and Public Sale contributors according to their contribution. 15% of unsold tokens will be instantly burned. The remaining 15% of unsold tokens will be made available to be purchased directly from the platform when creating transactions. This amount will then be burned at a rate of 1% per month for 15 months, or until available amount reaches 0, whichever comes first.
The hardcap for the TGE is set at 12,000 ETH. There is no softcap, so the project will continue despite the amount raised. The price for the token is 1 ETH = 20,000 NAT, with the minimum purchase amount being 0.1 ETH.
Natmin tokens can currently be purchased from the website where KYC is required. When purchasing your tokens, please ensure the GAS is set to 500,000.
Once you have registered on the website you will receive your unique referral URL , with which Pre-Sale and Public Sale contributors will receive 10% bonus for every direct referral contribution. Our Referral Bounty Program also offers the chance to obtain bonus tokens. At the completion of the TGE, you will be ranked according to the total amount of tokens purchased by you and your referrals, and will receive bonus tokens according to these ranks.
Bonus tokens are also awarded in a tiered structure to those who purchase tokens during the Pre-Sale and Public Sale, offering early investors a sizeable reward.