AllSpark project plans to issue 30,000,000,000 AllSpark Token (ASK) in total, 500US$=300,000ASK, 1 US$=600 ASK.
40% for public sale 12,000,000,000ASK;
30% for community incentives 9,000,000,000ASK;
15% for project team incentives 4,500,000,000ASK;
15% for foundation 4,500,000,000ASK.
The AllSpark project plans to raise approximately 20,000,000US$ through public offerings, with soft cap of 14,000,000US$.
The ratio of pre-sale to public offerings is approximately 2:3, pre-sale is about 8,000,000US$, while public offering is around 12,000,000US$.It mainly sells to cornerstone investors and eco-strategic partners.
3.1 Use for all funds raised and the ASK held by foundation.
a. 20% for products R&D;
b. 20% for team operation;
c. 30% for marketing;
d. 10% for business cooperation, partnership etc;
e. 10% for team building
f. 10% for foundation operating costs, mainly for office space, legal affairs, finance, etc.
3.2 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.
3.3 Community incentives：Once the number of wallet users registered in the public chain is reached, the distribution
bonus will be distributed in accordance with the proportion of the original wallet users of each DAPP. The more original users of DAPP, the higher the share of incentive packages would be. 30% of ASK incentivize the ecology of DAPP. It's 9,000,000,000 ASK in total.
|Number of Wallet Users||Amount of Reward (ASK)|
Note: ASK is NOT for China, United States, Singapore nationality and permanent residents sales.