Post
Topic
Board Tokens (Altcoins)
Re: [ANN] Denex | The Decentralized NFT Exchange
by
ASWat
on 05/02/2021, 22:19:36 UTC
when i read this docs the total supply is about 1,000,000,000 DNX,
then what is the initial price for this project my friend ? because i can't find the informations about that
Hey great question. We will be releasing an expanded whitepaper in a week or so with additional tokenomics information, and info about the structure of the presale. For now I can say will be releasing 10% of the total tokens in the presale, with another 1% going to community members for bounties and initial support. The pre-sale itself will be structured in 4 rounds with the price per token steadily increasing every round. The first round starts at a projected post sale market cap of 300 ETH (if all the pre-sale tokens were sold at that price our market cap would be 300 ETH). For the first round there are 30 ETH of our tokens available, and you will get 333,333 DNX per ETH. That number will go down rapidly, with the fourth round giving approximately 20,000 DNX per ETH. Don't quote me on those exact numbers, because we will adjust to current ETH price at the start of the pre-sale for our USD targets, but that is approximately what it will look like.