Sentinel Chain (SENC) Token Public Sale Begins on 3rd March 2018
What you need to know about our Public Sale
This article has been updated on 26th February 2018.
We would like to begin this announcement with a big thank you to the Sentinel Chain community. We are truly humbled by the support from our community. We have received more than 13,000 successful applications during our KYC registration — a number which matches the strength of our Telegram community today. We have also received an overwhelming response of POS submissions —more than 6,000 submissions from all around the world within the first 24 hours. Thank you for sharing the Sentinel Chain story with your family and friends through our Proof-of-Support campaign. We will be sharing more of these with you in another article.
Today, we are pleased to announce that the much awaited SENC Public Token Sale will begin on 3rd March 2018.
Today, we are pleased to announce that the SENC Token Public Sale will begin on 3rd March 2018.
Public Sale —the Process
The SENC Public Sale is open for:
(a) our supporters who have submitted a successful KYC application; and
(b) our supporters who have submitted a successful KYC application + participated in our Proof-of-Support.
Our Proof-of-Support will close on 25th February 2018 at 23:59 GMT and allocations will accordingly be prepared for input into our smart contract.
The Pre-Sale SENC:ETH rate will be based on US$0.064 and the Public Sale SENC:ETH rate will be based on US$0.08 to ensure that the parameters below remain constant.
SENC Tokens
Hard Cap: 14.4 million USD
Total Supply: 500 million SENC Tokens
Pre-Sale: 100 million SENC Tokens
Rate: US$0.064 per SENC Token
Bonus: 25%
Public Sale: 100 million SENC Tokens
Rate: US$0.080 per SENC Token
On 26th February 2018, we have obtained the ETH:USD End-of-Day closing rate of 25th February 2018 from Coinmarketcap.
Public Sale
1 ETH = 844.81 USD
1 ETH = 10,560.125 SENC Tokens
Public Sale Dates
Save the Date: 3 March — 5 March
Allocations on 3rd March and 4th March will be guaranteed for 24 hours.(Details below) We advise our Buyers not to rush for the purchase.
- First group — 3 March 2018 at 00:00–23:59 GMT (guaranteed 24hrs)
- Second group — 4 March 2018 at 00:00–23:59 GMT (guaranteed 24hrs)
- Third group* — 5 March 2018 at 00:00–11:59 GMT (12 hours)
- Fourth group* — 5 March 2018 at 12:00–23:59 GMT (12 hours)
*The Third and Fourth group are not guaranteed allocations. In the event that after the first 2 days, if there is an excess number of SENC Tokens within the US$8m Public Sale target, the remaining Tokens will be re-allocated to the Third and Fourth group.
On 5th March 2018 at 23:59 GMT, in the (very) unlikely event that our Hard Cap is not reached and we may have unsold SENC Tokens, this remaining SENC Tokens will be airdropped to all SENC Token Sale buyers.
Contribution amount
Supporters who have been successfully whitelisted will receive allocations based on your Proof-of-Support submissions. You can contribute up to your full allocation amount during the Public Sale.
We will be announcing more information on our official Sentinel Chain channels.
Thank you for joining us on this journey.
Let’s begin our journey towards financial inclusion — together.
Website: https://sentinel-chain.org
Medium: https://medium.com/sentinelchain
Twitter: https://twitter.com/sentinelchain
Telegram: https://t.me/sentinelchain
Announcements: https://t.me/sentinel_ANN