When is the ICO?
The ICO will launch October 22, 2018 at 18:00 (UTC+4), and closes five days later on October 27. The ICO brings your opportunity to access 51% of exchange fees as a weekly dividend, and 12% of net profits as a quarterly dividend. SPOT is the token that offers some of the highest exchange dividends in the market. Plus, you’ll join the Spotcoin family, a global community of blockchain enthusiasts and investors committed to making digital currencies work for everyone.
What about the Whitelist?
So, for those looking to ensure your chance to join in the upcoming SPOT ICO, pay attention! The whitelist period opens October 8, 2018 at 18:00 (UTC+4). The Whitelist helps us run the ICO process smoothly, even with a large number of investors and thorough KYC due diligence. Our partners Juscutum will help ensure we are in full compliance with all regulations, and Sum & Substance conduct our KYC/AML validation. So prepare your documents, and stay tuned for details.
Win-Win Dividends
We believe in a mutually beneficial relationship. To make sure all investors share in our earnings, 51 percent of our exchange fees will be paid out in weekly dividends. That means that as more and more people trade in digital assets using our exchange, the small fees they pay will add up to create return on investment. On top of that, we offer 12% of the net profits of all other company business lines, including the burgeoning mining operation and the upcoming Spotpay payment solution, as a quarterly dividend. It’s a true win-win.
Spotcoin will be the first to provide access to a large market that as of now struggles to access the smart economy. We are true to our mission: making digital currencies work for everyone.
What does the ICO support?
Our goal is to ensure everyone can be part and benefit from the Smart Economy. While we’ve already been servicing digital currency users with our OTC, the digital exchange will enable us to achieve our ultimate goal — making it possible for everyone to benefit from NEO’s vision of a blockchain-backed new Smart Economy.
Funds from the ICO will directly support continued development and execution of our four business lines:
Digital Exchange: A simple user-interface providing global and regional fiat currency trading pairs with four core digital currencies and allowing for centralized liquidity between our digital exchange, mining operation, over-the-counter marketplace (OTC), and our Spotpay payment system.
Over-the-Counter Marketplace: Provides digital to fiat currency trading services for clients worldwide and is developing an automated marketplace that integrates with the other business lines.
Mining Operations: Spotcoin has designed and initiated an environmentally sustainable facility utilizing hydroelectric power, and our total mining operations are scalable up to 25MW. Our new facility will house 4,500 GPU miners with additional capacity to host 4,500 units on behalf of clients.
Spotpay: Spotpay will provide a secure payment widget, an API and app-based digital wallets that will provide consumers with fast, low-cost, and secure point of sale transactions.
A Reminder on the Details
SPOT will be sold during the ICO at a price of $0.50 (USD) and you must purchase a minimum of 50 SPOT. A maximum of 1,000,000 SPOT may be purchased during the public sale, to ensure no one individual has a dominant share.
Spotcoin is committing up to 50,000,000 SPOT tokens for the public sale.
Unfortunately, citizens and residents of the United States, US territories, Bosnia-Herzegovina, China, Ethiopia, Iran, Iraq, North Korea, Serbia, Singapore, South Korea, Sri Lanka, Sudan, Syria, Trinidad and Tobago, Tunisia, Vanuatu, and Yemen may not participate in the SPOT public sale.
With our advocacy through the Black Sea Blockchain Institute, we hope to change the minds of these countries, and encourage them to adopt blockchain friendly legislation, similar to our home country of Georgia.
Come join us. Together we can make digital currencies work for everyone.
Interested in more Spotcoin?
Join our Telegram community: Spotcoin Team, Spotcoin News, and Spotcoin Bounty.
Take a look at our complete ICO offering here.
Read our Whitepaper here, for more details.
Visit spotcoin.com, where we make digital currencies work for everyone.
Residents and citizens of the United States, US territories, and Singapore are prohibited from taking part in the SPOT Airdrop and the SPOT public sales. Residents and citizens of the following countries are prohibited from taking part in the SPOT public sales: Bosnia and Herzegovina, China, Ethiopia, Iran, Iraq, North Korea, South Korea, Singapore, Sudan, Sri Lanka, Syria, Trinidad and Tobago, Tunisia, Serbia, Vanuatu, and Yemen.
However, certified accredited U.S. investors can take part in the SPOT private sale. Chinese and South Korean investors can participate in the private sale when paying with digital currencies, after signing the SAFT form and completing the KYC /AML process. Any investment in digital currencies comes at a risk. No one should invest money that he or she can not afford to lose.
Forward-looking statements are provided to allow potential investors the opportunity to understand management’s beliefs and opinions in respect of the future so that they may use such beliefs and opinions as one factor in evaluating an investment. These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or result expressed or implied by such forward-looking statements.
Although forward-looking statements contained in this email are based upon what management of the Company believes are reasonable assumptions, there can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements if circumstances or management’s estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.
