Post
Topic
Board Announcements (Altcoins)
Re: [ANN] JWC Blockchain Ventures - The 1st Tokenized Blockchain Venture Capital
by
procrastinationtm
on 25/02/2018, 09:52:35 UTC
How many tokens will be distribute for the team? Advisor? And will these token be locked for some years after ico?
The JWC fund are allocated as follows:
• 10% (150,000,000) to be sold by JWC to presale purchasers pursuant to a Future Tokens Agreement (“FTA”) offering or through JWC Whitelisted Investors.
• 70% (1,050,000,000) to be sold by JWC to ICO purchasers. ICO round will last from Jan 23 to Feb 11, 2018
• 8% (120,000,000) to be reserved by the Company to Advisors and strategic partners.
• 12% (180,000,000) to be distributed by the Company to the JWC Team and community supporters.
The token distribution for JWC Team and Advisor is locked by “smart contracts”, 20% after completion of the token sale and other 20% on 6-month cliffs, fully disbursed after 2 years.