Post
Topic
Board Announcements (Altcoins)
Re: [PRE-ANN] [kFC] Futurecoin - Groestl-Skein-SHA256 - Crypto Vesting - IPO & ESCROW - EXCHANGE
by
Friedman
on 17/04/2014, 01:26:51 UTC
What is the exact time of ending each IPO stage?

Is there a limit for investments per person?
This will be a 3 phase IPO, each being a non independent percentage from the 5 million kFC IPO allocation. Each phase will be rewarded coins from different block maturities. Details are as follows:

Phase 1 - 1 week block maturity - From 4/10 - 4/18
Phase 2 - 2 week block maturity (on par with mined coins) - From 4/19 - 4/25
Phase 3 - 3 week block maturity - From 4/26 - 5/2

There is no investment limit. Investment limits achieve nothing other than forcing people to create more accounts.

Ok, got it.

And what about time? 4/18 - it is 24 hours. Does it mean April 18, 00:00 GMT?

Sorry about that let me clarify, 00:00 UTC on every date except 5/2. On 5/2 the investment period ends on launch. I am going to update the thread now.

Planning on last minute investing? Smiley