40% for Pre-sale and public offering 120,000,000 ASK=40,000 ETH
20% For project team 60,000,000 ASK
5% For AllSpark nodes motivation 15,000,000 ASK
15% For community management 45,000,000 ASK
20% Foundation and AllSpark ecosystem building 60,000,000 ASK
Detailed Release Plan：
Total Offering: 120,000,000 ASK=40,000ETH.
Pre-sale: 48,000,000 ASK (16,000 ETH)
Pre-sale, 20% discount, 1ETH=3750 ASK. (Minimum 50 ETH, Maximum 2000 ETH)
Note: Accept ETH
Pre-sale is only for Private Investors and Eco partners
For Pre-Sale detailed process, please contact [email protected]
Public Offering: 72,000,000 ASK (24,000 ETH) equivalent WAN ONLY
For Public Offering 24,000 ETH equivalent WAN, we will use Wanchain smart contract to sell via WAN.
Before the public offering, we will announce the Conversion ratio base on the market price of WAN and ETH.
Public offering will continue three weeks. Week 1 for 10% discount, week 2 for 5% discount, week 3 for original price.
Use of funds raised
Use for all funds raised and foundation hold ASK.
40% for AllSpark blockchain and products development.
30% for Marketing.
10% for business cooperation, external partners development and other cooperation matters.
10% for Team building.
10% for Foundation operating costs，mainly use for office space, legal affairs, finance, etc.
After ICO, the ASK lock-in period for the team incentives is 12 months, followed by a linear monthly release in the next 36 months.
Node incentives are used to reward the accounting nodes in the network.
Community incentives are used to motivate active users of AllSpark Ecology to provide content, communications, and more. In order to ensure the long-term incentive mechanism and gradually release this part of the ASK with ecological development, the ASK of this part will be gradually released within 10 years, in accordance with the principle of encouraging the ecological development at the initial stage, and reducing incentives with ecological maturity.
Note: ASK is NOT for China, United States, Singapore, nationality and permanent residents sales.