Hello,
I have a few questions to ask.
1. When is your company established? (date)
2. What is the maximum funds to be raised during pre-sale? I know total token supply during pre-sale is 750,000.
3. I found very little information about Tim Walters (one of your advisors). Does he have a LinkedIn profile? Or maybe you can tell me about his education?
4. Do you plan on making a slack or telegram channel?
5. Is the price of the token on pre-sale the following?
If 1 PEX = $1
Day 1-2 = 15% bonus
If 1000 PEX + 15% = 1,150 PEX = $1,000
Day 3-7 = 12% bonus
If 1000 PEX + 12% = 1,120 PEX = $1,000
Week 2 = 10% bonus
If 1000 PEX + 10% = 1,100 PEX = $1,000
Is my math correct for the bonuses? During 15% bonus you get 1,150 PEX which if you buy during crowd-sale it will cost you $1,150 and if you buy during pre-sale it will cost you $1,000 and you get (bonus) 150 PEX?
Regards Dimitar,
Hi Dimitar,
Thanks for reaching out to us! I'll answer your questions honestly and to the best of my ability.
1. Company was established formally I believe May of this year. The project as a concept has been in the making for well over a year, in the 15 to 18 month range.
2. Goal of the pre-sale is to raise awareness and give away tokens. The sooner people buy the less we'll raise. For example, if people max out the bonus tokens on day one then we will have raised $5,000,000 in USD equivalent tokens. If nobody buys until day 10 then and then all of the sudden the bonus tokens are exhausted we will have raised $7,500,000 in USD equivalent tokens during the Pre-ICO. The overall goal of the project is to raise $25,000,000 tokens while giving away 1,000,000 tokens in the Pre-ICO bonus and bounty campaign combined, and hopefully, that's what we'll do.
3. Tim is a senior software architect for a Fortune 500 company. He's also the technology parter of the MonsterByte project, a recently completed casino ICO. He's helped us out with our technology regarding escrow of tokens and creating a payment gateway that's acceptable to our legal team from a fiduciary perspective. He has no day to day influence in our operations but I'm sure we'll see each other from time to time after our offering is over. Maybe we'll pull him from his Fortune 500 gig one day!
4. Slack channel / Telegram. We've thought about it. Since we're more of a dividend token play I'm not sure what meaningful part a slack channel or Telegram account would play.
5. Price of the Pre-ICO involves bonus tokens in addition to your purchase, not discounted token prices. On day 1 of the Pre-ICO, a person purchasing $100 USD-equivalent of PEX-Tokens will receive 115 PEX-Tokens due to the 15% bonus. Day 10 purchasers would receive 110 PEX-Tokens with their 10% bonus.
6. None of us are big fans of LinkedIn. I'm sure if you check there may be some data gathered up from around the internet, but I don't think I have a formal LinkedIn account. Theresa might because she's younger. The only conversation that we've had about LinkedIn is that ICO listings kept asking for a LinkedIn thread so I directed our tech team to make the company a LinkedIn profile. We've been business executives and entrepreneurs, and nobody's going to do business with us based on our good looks, well except Theresa.
7. The purchased tokens will be released to people's individual WAVES wallets sometime in November, after the ICO during our Post-ICO process. Any unsold tokens may be sold on open exchanges in the future at some unspecified time, but there will be no more PEX-Tokens ever in existence beyond the 30,000,000 fixed supply. As a WAVES-platform token, the PEX-Token will trade freely on the DEX Exchange. We would love to have our token trading freely Post-ICO on platforms such as Poloniex and Bittrex. We've emailed them with no response, probably because we're still early in the process, but as we move forward we'll make decisions such as this to the benefit of our Token Holders. We're Token Holders too after all.
Hope that helps!
