SafeCrypt.io ICO Bonuses

SafeCrypt.io
safecrypt_io
Published in
4 min readFeb 16, 2018

All of the available bonuses are specially designed financial incentive mechanisms aimed to promote the token sale. The bonus values are estimated on the basis of the existing SFC token exchange rate stability targets and do not exceed the permissible upper limits. Measures aimed to secure the SFC token value such as token repurchase and dividends are intended to compensate for such bonuses.

Major Investment Bonus

Big investors receive bonus tokens as a reward for their significant contribution. This type of bonus is available during all phases of SafeCrypt ICO. The bonus is dynamic and depends on the following factors:

  1. Amount of tokens purchased by the investor
  2. Date of purchase

The bonus remains constant during the pre-sale phase of the SafeCrypt.io ICO, except for the first 24 hours when the bonus values are x3 of the values for the rest of pre-sale (see bonus tables below); to preserve the token value, up to 27.4% of the tokens can be purchased within the first 24 hours of the pre-sale. Once the pre-sale phase ends, the bonus values will start to decrease and the amount of tokens that must be purchased in order to receive the bonus will grow each week of the ICO until it reaches the upper limit on week 3 of the crowdsale.

Major Investment Bonus Value Ranges

The following tables show the ranges of values of the Major Investment bonus and the corresponding amounts of tokens that must be purchased in order to receive the bonus. The given values are applicable for the entire period of the pre-sale phase of the ICO.

As soon as the main crowdsale phase begins and starting in the first week the major investment bonus starts to decrease at a rate of 6.(6)% per week up to week 3 of the crowdsale phase, when it reaches its lower limit and remains constant for the rest of the crowdsale. Along with the decrease of the bonus value, the minimum amount of tokens required to claim the Major Investment bonus grows, exactly as shown in tables below:

Cooperative Investment Bonus

Investors with limited purchasing capacities may take advantage of a specially developed cooperative investment mechanism (Co-op) allowing investors to receive a major investment bonus from a collective contribution of multiple investors participating in such Co-op.

This type of bonus is also available during all phases of SafeCrypt ICO. A Co-op bonus is absolutely identical to the Major Investment bonus in the numbers behind it (bonus value ranges, minimum amount of tokens that must be purchased and schedule).

Co-op Mechanics

Every user who created an account on SafeCrypt.io website is allowed to start a new Co-op or join an existing ongoing Co-op by entering a corresponding Co-op ID if such Co-op ID is known by the user.

  • A Co-op ID is a character-based identifier.
  • Each Co-op has it’s own unique ID.
  • Any Co-op is time-limited and is active for 12 hours only.
  • A Co-op may not be stopped or restarted.
  • The number of participants in a Co-op is unlimited.
  • If Co-op participants collectively purchase the minimum amount of SFC required to receive a bonus, such Co-op is considered successful and each participant receives a number of bonus tokens corresponding to their purchase during the Co-op (specified in tables above).

Example: A user joins a Co-op on the fourth day of the pre-sale phase and purchases 50000 SFC while the Co-op is active (within 12 hours since the moment the Co-op started). The Co-op is successful and results in a total collective purchase of 150000 SFC which grants every participant with +15% bonus tokens. The user receives 50000 SFC + 7500 SFC as an additional bonus, 57500 SFC total.

Co-op Initiator Bonus

An initiator of a successful Co-op (a user who started such Co-op) receives an additional bonus equal to 2.5% of a total number of tokens collectively purchased by the participants during the Co-op. This bonus has a fixed value that is not affected by time.

Thus, having created a successful Co-op that resulted in a collective purchase of 1 mln. SFC, the Initiator receives 25000 SFC as an Initiator Bonus.

Regular Investment Bonus

Individual investors expressing interest in SafeCrypt.io project and the ICO in particular are also provided with a special bonus called Regular Investment Bonus. This bonus is time-dependent and decreases over the period of the ICO. Regular Investment Bonus does not require a major purchase of the tokens, however the bonus values are significantly lower than those of the Major Investment Bonus.

Regular Investment Bonus Value Ranges

The biggest bonus is obtained in the first week of the pre-sale phase of SafeCrypt.io ICO. Starting in the second week of the pre-sale the bonus value starts to decrease by 9.3% per week and becomes zero by the third week of the main crowdsale phase. SafeCrypt.io is determined in securing the SFC token value and limits the bonus values in accordance with the existing exchange rate stability targets. The following table shows the dynamics of change of the Regular Investment bonus over the ICO period:

Other Bonuses

Additional bonuses may be included in the bonus list in order to boost the token sale performance. Such bonuses will not exceed the values of the bonuses already listed above.

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