WOX Network is BTCBear’ Blockchain Laboratory and It’s Token Sale event to funding discovering something new technology on the blockchain space and development a high-quality decentralize exchange and payment system based on WOX Blockchain.
WOX on private and public sale:
WOX token deployed on ERC20 token and smart contract system, based on Ethereum protocol.
BTCBear founders aim to launch its own Token Sale Offering for the safest investment. Token sale participants are investors, those who will pay ETH and will receive tokenized shares that is represented by WOX token.
WOX coin or WOX is native coin of WOX blockchain and protocol when mainnet launched.
25% Public Sale 25% Retained by Company 10% Private Investors 20% Foundation 5% Advisors 8% Reward Pool
49% Market Liquidity 19% Development 11% Marketing Plans and PR 9% Security 8% International Expansion 4% Legal Cost
Token Sale Details:
Total Token Supply: 1,000,000,000 tokens will be issued
Private Sale Duration: TBA
Token available on Private Sale: 100,000,000 WOX
WOX = $0.030
Hard Cap: $3,000,000
The minimum amount allowed contributing in Private Sale: $50,000 or Ethereum, Tron, Bitcoin, Stablecoin equivalent
Unsold tokens in Private Sale (Private investors and VC) will be sold during public sale
Public Sale (IEO) Duration: 5–30 Days
Token available: 250,000,000 WOX
WOX Network Exchange rate: $0.048
Hard Cap: $12,000,000 or equivalent
The minimum amount allowed contributing in Public sale: $100 or equivalent
Team developers and advisors are granted by tokens.
Tokens are generated within 15 days after the token sale ends.
Advisors can only assign or sell 30% of their tokens in 365 natural days after the token sale ends. 70% will be lock-up for 2 years.
Founder’s token’ will be lock-up for 3 years.
Unsold and Unallocated tokens will be burned after the tokensale event. No further WOX tokens will be generated after the Main sale ends.
Token Burn strategy:
At least, 20% — 40% of the net revenue will be applied to the buy-back of WOX Network every quarter and destroy [Burn tokens] them, thus eliminating them from the circulating supply. We will continue our efforts in this regard, until 500 million WOX destroyed.
Please contact us if you have any question regarding WOX lab or anything else.
Join us on WOX official social networks:
Join our channel on Telegram: https://t.me/WoxNetwork
Read our Whitepaper: https://wox.network/document/WOX_Whitepaper_v2.pdf
Read our One-pager: https://wox.network/document/onepager.pdf
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