Plentix FAQ | Frequently Asked Questions
Good day everyone! We compiled the top questions we heard from the community. Check out if yours is answered below.
EDIT: We’ve made few changes on our Token Metrics and Hard Cap.
1. What is Plentix?
Plentix is aiming to develop a decentralized blockchain-based online referral program. The platform and application will connect and reward all participants via a new cryptocurrency called ‘REFER’ and will use blockchain technology to store and keep track of referrals and payments — a ‘trust-less’ experience for both businesses and customers. Plentix’ vision is to increase the effectiveness of referral marketing for companies, and to increase the rewards for customers, referrers, and developers.
2. What is the Platform for the Plentix Token?
The Plentix token is built over the Ethereum platform and uses the infrastructure of the network for transfers. Therefore, to hold the token, you would need a wallet compatible with the ERC-20 standard for tokens.
3. What type of contribution do you accept?
We accept ETH, BTC, LTC and USD at the current stage.
4. Is the Plentix token a security? Do I get dividends?
The token is NOT a security and will not represent a share of the business or revenues of the company. The token will be used to distribute rewards based on a purchase referral life cycle.
5. Is there a Whitelist?
Yes. Open dates will be announced soon.
6. Do you have a KYC process?
Yes, KYC procedure for every contributor in pre-sale and ICO.
7. When will the Pre-ICO and ICO run? How do I participate?
Presale will be running on 11th July.
Public Sale will be running on 25th July.
Step-by-step guide will be released soon.
8. Is there a bonus during your sale?
Yes. Presale contributors will get 25% bonus.
9. What is the Softcap?
$3,000,00 USD
10. What is the Hardcap?
$24,000,00 USD
11. What is the total token supply?
400,000,000 REFER
12. What is the Token Distribution?
Token Distribution:
70% — Token Sale
15% — Founders & Team Members
5% — Advisors, Referral & Bounty
5% — Strategic Partners
3% — Community & Referral
2% — Liquidity Reserve
13. What is the Fund Distribution?
Fund Distribution
30% — Product Dev & Maintenance
25% — Business Growth & Dev
15% — Marketing & Customer Dev
10% — Reserve
15% — Operations
5% — Legal
14. What is the plan with unsold tokens?
All unsold tokens will be burned.
15. What is the cost of each REFER Tokens?
1 REFER = $0.1 USD
16. Is there a maximum contribution?
Private Sale: Max: 400 ETH
Pre-sale contribution: Max: 200 ETH
ICO contribution: Max: 100 ETH
17. Will US Citizens be able to participate in the ICO?
USA, China and North Korea won’t be able to participate due to their country’s regulations on cryptocurrencies.
18. When is the token distribution?
Token distribution date will be announced after the ICO.
19. Do you have a prototype?
Yes, check out our MVP here.
Note: If you’re using a browser without Web3 capabilities, you need to install an extension that enables you to access DApps. One of the most used is the Metamask extension.
20. Where is your company based?
We’re based in Melbourne, Australia.
21. Where can I find more information on the team?
Check out our Website and team members LinkedIn pages there.
22. Who are you partnered with?
We are backed and recognized by the following:
https://www.cryptohwwallet.com/
http://www.gleneira.vic.gov.au/
23. I’m interested in working on the Plentix Platform, how can I collaborate?
We are open to a collaboration with all programmers willing to work with Plentix and write either separate modules out the APIs Plentix provide them or work as one of the Plentix Dapp programmers and write tailored admin panels for businesses. Developers will be rewarded percentage of each transaction with the business they are working with.
We missed your important question?
Connect with us! We’ll be glad to talk to you.
Official Website: http://plentix.io
Email: info (at) plentix.io
Join our telegram group: https://t.me/plentixchat
This page may be updated anytime without prior notice.
