Sifchain Token Sale and BetaNet: Announcement and Instructions
February 19 ~ February 26
NOTHING IN THIS POST SHALL CONSTITUTE OR BE CONSTRUED AS AN OFFERING OF SECURITIES OR AS INVESTMENT ADVICE, STRATEGY, OR INVESTMENT RECOMMENDATIONS BY SIFCHAIN OR ANY OF ITS SERVICE PROVIDERS OR AFFILIATES.
QUICK FACTS
- Official Token Sale Start Date: Friday, February 19, 5:00 am GMT
- Official Token Sale End Date: Friday, February 26, 6:00 am GMT
- The official eRowan token contract address is: https://etherscan.io/token/0x07bac35846e5ed502aa91adf6a9e7aa210f2dcbe
- Official Token Sale Participation Page: https://purchase.sifchain.finance/
UPDATES TO TOKEN SALE STRUCTURE
Please note that eRowan tokens will be sold from a bonding curve with a new formula that was shared in our Token Sale Update article on January 21, 2021. Please read this article for more information about the token sale structure.
KEY POINTS
- ~364,000 tokens will be added to the token sale pool every hour (network conditions permitting) for 7 days (168 hours) which will lower the price and allow opportunities for participants to purchase tokens throughout the sale.
- No more than 2% of the pool can be purchased in any single transaction. Purchasers can make multiple purchase transactions.
GAS FEE UPDATE
Users can now spend no more than a set amount of gwei on Ethereum gas in a purchase transaction. We’ve set this gas limit to 400 gwei but can change it during the token sale if needed.
PREPARE TO PARTICIPATE IN THE TOKEN SALE
Please note the following requirements for participation. Of course, you must be an approved KYC applicant in order to go through this process. Detailed instructions have been sent to all approved KYC applicants.
- Use the Chrome browser on desktop.
- You must have USDT in order to purchase eRowan tokens (you will also need some ETH to pay for transaction gas). USDT can be purchased on any major exchange as well as decentralized exchanges like Uniswap.
- Purchase using a MetaMask wallet.
- On the participation page, input the unique contribution code shown below that you received via email from “token-sale@sifchain.finance.”
YOUR REGISTRATION INFORMATION
If you have any questions about how to connect your wallet and complete a token purchase, please read our Token Sale Purchase Instructions or watch the demo video.
We also have community distribution rewards, which you can redeem through the instructions here.
UTILITY OF ROWAN
Stay tuned for more information about using the Sifchain DEX to learn how to peg, swap, and pool tokens for more rewards. Since our public token sale and BetaNet launch in parallel, Rowan has utility value from day one.
We continue to be overwhelmed with the tremendous early support of the Sifchain project and we thank you for being a part of creating this next generation platform.
Best,
Sifchain Team
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The Rowan token and Sifchain protocol are in development. If you are a U.S. person, entity or from a country in the U.S. sanctions OFAC list, you are hereby prohibited from accessing our platform or services. You are also advised to only trust official Sifchain sources regarding development.
