ICO backers will be able to use and trade their Nauticus Coins immediately on the new Nauticus cryptocurrency and fiat exchange. The Nauticus Exchange is in the final stages of development and is due to open in mid-2018.
Hey there! I'd like to point out this information isn't 100% correct.
Everybody that has any plans at all of interacting with the platform
must comply with KYC requirements. While anyone can participate in the ICO, however, in order to actually transact in the system and make withdrawals, you must must be eligible under the terms of KYC standard under Australian law.
Documentation-wise, we require photo ID and proof of other personal details to prove one is a legitimate user. A KYC section will be released into the user dashboard shortly, so that you will have plenty of time to upload documents prior to the launch of the exchange.
On the other hand
free/referral tokens will be restricted use for the first 2 years. (see whitepaper) to protect ICO contributors and fair value of our token.
Finally, the
exchange launches in August. ;-)