After hearing the voicings of the community we gathered with our key stakeholders to discuss a revision to our token offering. With the known future of strategic partners onboarding significant user bases and stability to the ecosystem, the distribution of PLA is flexible enough to meet the needs of our community.
We have lowered our valuation from 3200 to 4000 per 100 VET for the discounted tranche and all other tranches will follow the ratio of the lowered valuation . We have also adjusted our lock up to a more preferential lock up periods. Below are the new figures for the Plair raise:
New Lowered Valuation:
New Lowered Minimum:
The VeChain Community Round purchasing limits have been updated. We have lowered the amount of required to purchase as an economic node and holders of VET. We wanted to make sure we could include almost everyone in our crowdsale.
- VeChain X-Node holders: Minimum 30,000 VET — Maximum 5,000,000 VET (Per KYC/VeVID)
- Economic Nodes and other VET holders: Minimum 30,000 VET — Maximum 500,000 VET (Per KYC/VeVID)
New Lockup Scheme:
The new lockup for Authority and Mjolnir X members that receive a discount will participate in a required PLA token lockup program, The new lockup time changed from 1 year to 9 months with the first installment of 25% issued at token minting, and 25% coin release each quarter. .
After hearing from the community Plair has decided that there will be no lock up for Thunder X, Strength X, Economic Node and other VET holders.
New Lowered Valuation for Public Round:
The public round valuation has also been adjusted to offer the community more tokens.
The public sale does not have a lockup.
As a reminder X-Nodes are by definition also Economy Nodes. If you KYC as an X-Node you can choose to partake in the Economic or Public Sale. Please contact hello@plair.life if you would like to be part of the offering but opting out of the X-Node tranche.
The ICO is not the end of Plair, far from it. We have established ourselves with our current and undisclosed partners and would like to do the same with you. We value your voice and feedback.
Plair Foundation
For more instructions and news, please follow our social media accounts:
- Twitter — http://www.twitter.com/Plair_Life
- Reddit — https://www.reddit.com/r/Plair
- Official Telegram — http://t.me/plair_life
- Facebook — http://www.facebook.com/plairlife
- Website — http://plair.life
The full version of the white paper, along with more detailed plans of the ICO process will be out in June. Please stay tuned!
