WandX Pre-Token sale details

Abhinav Ramesh
The Official WandX Blog
2 min readSep 4, 2017

Why launch a pre-Token sale?

Gauge market sentiment — We would like to gauge market sentiment for a decentralized portfolio trading application such as ours.

Long time followers — Allow our followers from our early days to get a bonus.

Fast track mainnet release — We would like to release WandX onto the mainnet soon after our token sale, hence we will use part of the funds to stress test our portfolio trading application APIs.

Time:

Start date and time — October 9th 2pm GMT.

End date and time — October 12th 7:30pm GMT.

Tokens:

5.2% of the total supply of Wand will be available for the Pre-Token sale.

Pre-Token sale + Token sale = 12500ETH.

Pre-Token sale = 500ETH.

Total Supply = 72 million Wand.

Supply offered for the pre-Token sale + Token sale = 48 million Wand.

Supply offered for the Token sale = 45504000.

Supply offered for the pre-Token sale = 2496000.

Tokens accepted for the pre-Token sale = ETH.

Minimum Ether required to participate in the Pre-Token sale = 1ETH.

Remaining Supply after pre-Token sale + Token sale = 24 million Wand.

This remaining 24 million Wand supply will be offered as a Seasonal Token Offering during the release of WandX 2.0.

Value of the Wand token and bonus offered:

A 30% bonus will be given to users who participate in the pre-Token sale.

Token sale = 3792Wand per ETH.

Pre-Token sale = 4992Wand per ETH (30% bonus).

How to participate:

Send your Ether only through MyEtherWallet or Mist Wallet or Parity Wallet to the address mentioned on the Token sale page at 2pm GMT on October 8th. Do not send Ether through exchanges such as Poloniex or through wallets such as the Jaxx wallet, since your ether could be misplaced.

Please read the terms and conditions before participating in our pre-Token sale and our Token sale.

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