uPark Presale — Strategy Update

Andy Robinson
uPark
Published in
2 min readAug 31, 2022

In this blog we bring you an update to the uPark presale strategy.

We are changing the way our sales happen, including allocations, prices and timings the sales are open for.

From the 02 September 2022, when presale 3 begins the token sale will open and stay open until the end point.

Each allocation on the next 6 presales will have 17,600,000 tokens available to buy and a maximum window of 2 weeks at the given price. If all tokens on that allocation are not sold after 2 weeks we will then increase the price to the next allocation of tokens, if all tokens sell out we will then immediately go into the next price increase.

Presale 3 — 17,600,000 Tokens — Price 0.000175 EGLD
Presale 4 — 17,600,000 Tokens — Price 0.0002 EGLD
Presale 5 — 17,600,000 Tokens — Price 0.00025 EGLD
Presale 6 — 17,600,000 Tokens — Price 0.0003 EGLD
Presale 7 — 17,600,000 Tokens — Price 0.00035 EGLD

At the point of presale price increase we will close the sale for a 1 hour maintenance window to update the smart contracts and add the next allocation of tokens.

If there are any unsold tokens at the end of the sale we will then consider burns, adding to the staking pool and other alternatives.

For any questions about the presale please join our Telegram or our Discord

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Andy Robinson
uPark
Editor for

Head of Community at uPark — Powering first of its kind decentralized & carbon-negative solution for parking reservation across Europe on Elrond Blockchain.