Token Sale process
Token price and distribution
1 KRM = 0.01 USD
Total 3 billion tokens, of which:
0.5 billion tokens (17%) - founders.
0.5 billion tokens (17%) - presale buyers.
1.275 billion tokens (42%) - token sale buyers.
0.725 billion tokens (24%) - a reserve for the motivation of the members of the future community and the development of the ecosystem.
Whitelist and limits
Whitelist registration opened at October 10.
Whitelist registration will be closed November 26 or when 20M of total subscription volume will be reached.
Whitelist will be split in 2 tiers:
Tier 2: less than 200k USD. Everybody except US residents.
Tier 1: 200k USD and above. Only qualified/accredited investors.
Token sale timing and limits:
Tier 2: November 25, total 10M limit.
Tier 1: November 27, all tokens left after Tier 2.
Maximum amount to sell in one hands
for Tier 1: 2M USD
for Tier 2: 0.2M USD
Minimum amount is 100 USD.
50% until 1M raised
30% until 3M raised
15% until 8M raised.
Token Buying Process
Whitelisted participants will be able to buy tokens from the OpenLedger Decentralized Exchange purchase form. They will receive the detailed instruction on how to register at the exchange, pass the KYC, deposit USD/BTC/ETH/BTS and buy tokens.
Token buyers will be able to trade tokens at the exchange after the token sale end. Additional exchanges will be added for trading starting from the January-2018.
KYC, AML, US citizens
Every token buyer with 30k USD volume or more will have to proceed KYC (passport scan).
Every token buyer, who wants to buy tokens for the USD (not BTC/ETH) will have to proceed KYC.
Every token buyer from the US will have to provide the approval of the qualified investor grade.
Our lawyers will manually complete the AML checking for every token buyer with more than 100k USD.
Presale tokens exchange
Every presale token holder will be able to upload his KRMP-tokens to the special OpenLedger interface. KRM-tokens will be exchanged automatically. The exchange interface will be available from December 01 until December 10, 2017.
For more detailed information feel free to contact us at the Official Telegram Group.