The Typerium crowd sale and the corresponding token creation process will be issued by Typerium Limited and be organised using smart contracts running on Typerium-Ethereum.
What is the soft cup?
The soft cap will be set at 5% of the crowd sale goal, this equates to roughly $2,000,000 USD worth of Ethereum being received from investors. This amount is subject to change.
how long will it last?
The crowdsale period will endure for no longer than 70 days, or until the hard cap ($40,000,000 USD worth of Ethereum) is reached, whichever is sooner.
What is the rate of TYPE token?
what else should we know?
If the hard cap is reached prior to the end of the 70 day crowd sale period, additional purchases of TYPE tokens by investors will be permissible of up to 1,000,000,000 TYPE tokens being sold in total. This is 50% of the total TYPE tokens in existence.
Should the contributions received during this 70 day period be deemed insufficient to cover the operating and development costs (soft cap), 100% of investor funds will be returned as per the Ethereum smart contract.