We are happy to provide additional details on the upcoming VALID ITO.
The VALID ITO will start on Saturday, 24 February 2018 at 12:00 (noon) UTC and end three weeks later on 17 March 2018 or earlier if the hard cap of USD 25,000,000 is reached. A minimum of 340,000,000 tokens will be available for sale in the VALID ITO. The reference price per VLD token is set at USD 0.065. The VALID ITO will be accessible via our official website. No whitelisting is needed in order to participate.
As is customary for crowd sales, we too will provide incentives for early participation. A 25% discount will apply to the first 20,000,000 tokens available for sale. For buyers who do not receive part of the first 20,000,000 tokens sold, but who still qualify within the first 24 hours, the VALID tokens will be available at a 20% discount. Thereafter, the discount narrows to 15% for a week and to 10% in the second week. No discount will be granted during the third and last week, however.
Detailed information of how we will be conducting our VALID ITO are available in our Token Sale Terms and Conditions.
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Please note the following:
- Currencies accepted: BTC or ETH
- Minimum subscription amounts are set at USD 500 equivalent
- Tokens are not offered to US Citizens or “US Persons”
- All participants need to complete a full KYC/AML process including video identification
- KYC takes place after participation, not before
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