CROWDSALE IS LIVE
In order to participate in the AVAI Token Crowdsale you must set up an account. Skip the queue – do it now.
https://dashboard.avaifc.io/register
Topic: [ANN][ICO] AVAI Token - first ICO by a professional football (soccer) club - page 15. (Read 3001 times)
October 03, 2018, 11:00:14 AM
gOgogogogo
CROWDSALE IS LIVE
In order to participate in the AVAI Token Crowdsale you must set up an account. Skip the queue – do it now.
https://dashboard.avaifc.io/register
CROWDSALE IS LIVE
In order to participate in the AVAI Token Crowdsale you must set up an account. Skip the queue – do it now.
https://dashboard.avaifc.io/register
October 03, 2018, 10:42:35 AM
CROWDSALE IS LIVE
GET A 10% BONUS IN THE FIRST 72 HOURS OF THE CROWDSALE
thank you for 10% bonus
GET A 10% BONUS IN THE FIRST 72 HOURS OF THE CROWDSALE
thank you for 10% bonus
October 02, 2018, 06:04:03 PM
Tell me what is the top 5 facts why this project needs blockchain? It is okay I understand that this is important and a powerful technology, yet you have a lot of positive sides like A LOT but I am interested why was the reason to say ... let's have a blockchain startup football club crowdsale
Hope this helps
1) Fully digital, secure and transparent transactions with full accountability within the AVAI token ecosystem.
2) Create a new global reaching digital relationship and economy (via the use of blockchain) between Avai FC and their fanbase.
3) Secure and traceable ticketing on the blockchain. This solves numerous issue such as fraud prevention, black market re-sales, counterfeiting, high transaction costs etc.
4) The ability to create an asset/token with set rules, such as a fixed publicly known supply, via the use of Ethereum’s smart contracts.
5) The ability to transparently burn assets/tokens within the ecosystem (30% of redeemed tokens will be burn’t quarterly by Avai FC).
October 02, 2018, 07:13:58 AM
23 hours to crowdsale
Avaí FC will write history this summer – as the first professional football club using blockchain technology to achieve our next goal: playing again in the Campeonato Brasileiro Série A and qualifying for the Copa Libertadores !
Avaí FC will write history this summer – as the first professional football club using blockchain technology to achieve our next goal: playing again in the Campeonato Brasileiro Série A and qualifying for the Copa Libertadores !
October 02, 2018, 06:00:39 PM
ICO WEBSITE | CLUB WEBSITE | WHITEPAPER | FACEBOOK | TWITTER | TELEGRAM | FLICKR | INSTAGRAM | SNAPCHAT | YOUTUBE | SPOTIFY
JOIN THE AVAI TOKEN CROWDSALE AND BECOME A PART OF FOOTBALL HISTORY!
Avaí FC will write history this summer ? as the first professional football club using blockchain technology to achieve our next goal: playing again in the Campeonato Brasileiro Série A and qualifying for the Copa Libertadores !
INFO
ABOUT AVAI TOKEN CROWDSALE
We are announcing a major partnership with SportyCo and Blackbridge Sports: The first Initial Coin Offering (ICO) in the history of football. Fans all over the world will be able to invest in Avaí FC vision and journey. Avaí FC will run a crowdsale campaign with the single goal of combating the financial hurdles, and aiming to become a financially stable and permanent member of Campeonato Brasileiro Série A with the goal to enter the Copa Libertadores.
This deal sees Avaí FC become the first team in world football to officially launch a cryptocurrency, bridging the divide between the new blockchain-based industry and sports. SportyCo and Blackbridge Sports will become the official Blockchain Partners of Avaí Futebol Clube, from setting up the blockchain infrastructure to marketing and acquisition of participants in the crowdsale. In exchange for a contribution into the crowdsale campaign, Avaí FC will issue a cryptographic token, the AVAI Token, which is the essential fuel of Avaí FC ecosystem, bringing together fans and supporters from around the world and affiliates them into one community.
CROWDSALE INFORMATION
TOKEN DISTRIBUTION
ABOUT AVAÍ FC
Avaí Futebol Clube, or as we prefer to be called, Le?o da Ilha (Lion of the Island), is a professional association football club based in Florianópolis in Santa Catarina, Brazil, established in 1923. We play our Campeonato Brasileiro Série B and Campeonato Catarinense home games proudly wearing the blue and white at the Estádio da Ressacada. Avaí FC won the Santa Catarina State Championship title 16 times, which makes us the all-time record state champions. But our goals are higher: playing in Copa Libertadores!
We plan to build upon this tradition with a clear goal in mind: to return to the Campeonato Brasileiro Série A! Join us in achieving this ambitious plan by participating in the AVAI Token Crowdsale. Let?s go back to the Série A together!
Powered by SportyCo, decentralized sports investment & funding ecosystem.
JOIN THE AVAI TOKEN CROWDSALE AND BECOME A PART OF FOOTBALL HISTORY!
Avaí FC will write history this summer ? as the first professional football club using blockchain technology to achieve our next goal: playing again in the Campeonato Brasileiro Série A and qualifying for the Copa Libertadores !
INFO
ABOUT AVAI TOKEN CROWDSALE
We are announcing a major partnership with SportyCo and Blackbridge Sports: The first Initial Coin Offering (ICO) in the history of football. Fans all over the world will be able to invest in Avaí FC vision and journey. Avaí FC will run a crowdsale campaign with the single goal of combating the financial hurdles, and aiming to become a financially stable and permanent member of Campeonato Brasileiro Série A with the goal to enter the Copa Libertadores.
This deal sees Avaí FC become the first team in world football to officially launch a cryptocurrency, bridging the divide between the new blockchain-based industry and sports. SportyCo and Blackbridge Sports will become the official Blockchain Partners of Avaí Futebol Clube, from setting up the blockchain infrastructure to marketing and acquisition of participants in the crowdsale. In exchange for a contribution into the crowdsale campaign, Avaí FC will issue a cryptographic token, the AVAI Token, which is the essential fuel of Avaí FC ecosystem, bringing together fans and supporters from around the world and affiliates them into one community.
CROWDSALE INFORMATION
- SYMBOL: AVAI
- TOTAL TOKEN SUPPLY: 22,000,000
- AVAIALABLE IN CROWDSALE: 20,460,000
- EXCHANGE RATE: 1 AVAI = 1 USD
- SOFT CAP: 8,000,000 AVAI
- MAX CAP: 20,460,000 AVAI
TOKEN DISTRIBUTION
- Crowdsale contributors: 20,460,000 AVAI (93%)
- Avaí Futebol Clube: 1,540,000 AVAI (7%)
ABOUT AVAÍ FC
Avaí Futebol Clube, or as we prefer to be called, Le?o da Ilha (Lion of the Island), is a professional association football club based in Florianópolis in Santa Catarina, Brazil, established in 1923. We play our Campeonato Brasileiro Série B and Campeonato Catarinense home games proudly wearing the blue and white at the Estádio da Ressacada. Avaí FC won the Santa Catarina State Championship title 16 times, which makes us the all-time record state champions. But our goals are higher: playing in Copa Libertadores!
We plan to build upon this tradition with a clear goal in mind: to return to the Campeonato Brasileiro Série A! Join us in achieving this ambitious plan by participating in the AVAI Token Crowdsale. Let?s go back to the Série A together!
Powered by SportyCo, decentralized sports investment & funding ecosystem.
Crowdsale starts tomorrow right ? Will you have an contribution bar on the website ?
Through the website www.avaifc.io, after the start of sales, on October 3, 2018, everyone interested will be able to monitor the amount of funds collected in real time.
October 02, 2018, 02:45:02 PM
Check facts dude
Buckle up and get ready – the AVAI Token Crowdsale is starting tomorrow, at 12:00 UTC, so we’re less than a day away from football and sports history. If you haven’t yet, go to https://avaifc.io/, register for the sale and complete your KYC – you won’t be able to participate otherwise.
In the following days, we’ll go into more details on what benefits the club will offer to token holders, so stay tuned for more info.
Let’s go through some of the details of the crowdsale, to have it all in one place:
There will be 22,000,000 AVAI Tokens totally of which 20,460,000 (93%) will be available in the crowdsale
1 AVAI Token is priced at US$ 1
The crowdsale will be open for 33 days or until hard cap is reached, whichever comes first
The soft cap is set at 8,000,000 AVAI Tokens sold, with the hard cap, as mentioned, at 20,460,000 AVAI TOkens
If the soft cap isn’t reached till the end of the crowdsale, all funds contributed will be returned to their contributors
You will be able to participate with BTC, ETH and credit cards (we will have an automatic conversion to ETH set up)
This is it, the first one in history! And we are proud to support Avaí FC on this journey. Let’s make this a success and a nice set-up for the soon to be released next version of the platform.
Buckle up and get ready – the AVAI Token Crowdsale is starting tomorrow, at 12:00 UTC, so we’re less than a day away from football and sports history. If you haven’t yet, go to https://avaifc.io/, register for the sale and complete your KYC – you won’t be able to participate otherwise.
In the following days, we’ll go into more details on what benefits the club will offer to token holders, so stay tuned for more info.
Let’s go through some of the details of the crowdsale, to have it all in one place:
There will be 22,000,000 AVAI Tokens totally of which 20,460,000 (93%) will be available in the crowdsale
1 AVAI Token is priced at US$ 1
The crowdsale will be open for 33 days or until hard cap is reached, whichever comes first
The soft cap is set at 8,000,000 AVAI Tokens sold, with the hard cap, as mentioned, at 20,460,000 AVAI TOkens
If the soft cap isn’t reached till the end of the crowdsale, all funds contributed will be returned to their contributors
You will be able to participate with BTC, ETH and credit cards (we will have an automatic conversion to ETH set up)
This is it, the first one in history! And we are proud to support Avaí FC on this journey. Let’s make this a success and a nice set-up for the soon to be released next version of the platform.
October 02, 2018, 02:21:37 PM
Tell me what is the top 5 facts why this project needs blockchain? It is okay I understand that this is important and a powerful technology, yet you have a lot of positive sides like A LOT but I am interested why was the reason to say ... let's have a blockchain startup football club crowdsale
October 02, 2018, 02:17:51 PM
ICO WEBSITE | CLUB WEBSITE | WHITEPAPER | FACEBOOK | TWITTER | TELEGRAM | FLICKR | INSTAGRAM | SNAPCHAT | YOUTUBE | SPOTIFY
JOIN THE AVAI TOKEN CROWDSALE AND BECOME A PART OF FOOTBALL HISTORY!
Avaí FC will write history this summer ? as the first professional football club using blockchain technology to achieve our next goal: playing again in the Campeonato Brasileiro Série A and qualifying for the Copa Libertadores !
INFO
ABOUT AVAI TOKEN CROWDSALE
We are announcing a major partnership with SportyCo and Blackbridge Sports: The first Initial Coin Offering (ICO) in the history of football. Fans all over the world will be able to invest in Avaí FC vision and journey. Avaí FC will run a crowdsale campaign with the single goal of combating the financial hurdles, and aiming to become a financially stable and permanent member of Campeonato Brasileiro Série A with the goal to enter the Copa Libertadores.
This deal sees Avaí FC become the first team in world football to officially launch a cryptocurrency, bridging the divide between the new blockchain-based industry and sports. SportyCo and Blackbridge Sports will become the official Blockchain Partners of Avaí Futebol Clube, from setting up the blockchain infrastructure to marketing and acquisition of participants in the crowdsale. In exchange for a contribution into the crowdsale campaign, Avaí FC will issue a cryptographic token, the AVAI Token, which is the essential fuel of Avaí FC ecosystem, bringing together fans and supporters from around the world and affiliates them into one community.
CROWDSALE INFORMATION
TOKEN DISTRIBUTION
ABOUT AVAÍ FC
Avaí Futebol Clube, or as we prefer to be called, Le?o da Ilha (Lion of the Island), is a professional association football club based in Florianópolis in Santa Catarina, Brazil, established in 1923. We play our Campeonato Brasileiro Série B and Campeonato Catarinense home games proudly wearing the blue and white at the Estádio da Ressacada. Avaí FC won the Santa Catarina State Championship title 16 times, which makes us the all-time record state champions. But our goals are higher: playing in Copa Libertadores!
We plan to build upon this tradition with a clear goal in mind: to return to the Campeonato Brasileiro Série A! Join us in achieving this ambitious plan by participating in the AVAI Token Crowdsale. Let?s go back to the Série A together!
Powered by SportyCo, decentralized sports investment & funding ecosystem.
JOIN THE AVAI TOKEN CROWDSALE AND BECOME A PART OF FOOTBALL HISTORY!
Avaí FC will write history this summer ? as the first professional football club using blockchain technology to achieve our next goal: playing again in the Campeonato Brasileiro Série A and qualifying for the Copa Libertadores !
INFO
ABOUT AVAI TOKEN CROWDSALE
We are announcing a major partnership with SportyCo and Blackbridge Sports: The first Initial Coin Offering (ICO) in the history of football. Fans all over the world will be able to invest in Avaí FC vision and journey. Avaí FC will run a crowdsale campaign with the single goal of combating the financial hurdles, and aiming to become a financially stable and permanent member of Campeonato Brasileiro Série A with the goal to enter the Copa Libertadores.
This deal sees Avaí FC become the first team in world football to officially launch a cryptocurrency, bridging the divide between the new blockchain-based industry and sports. SportyCo and Blackbridge Sports will become the official Blockchain Partners of Avaí Futebol Clube, from setting up the blockchain infrastructure to marketing and acquisition of participants in the crowdsale. In exchange for a contribution into the crowdsale campaign, Avaí FC will issue a cryptographic token, the AVAI Token, which is the essential fuel of Avaí FC ecosystem, bringing together fans and supporters from around the world and affiliates them into one community.
CROWDSALE INFORMATION
- SYMBOL: AVAI
- TOTAL TOKEN SUPPLY: 22,000,000
- AVAIALABLE IN CROWDSALE: 20,460,000
- EXCHANGE RATE: 1 AVAI = 1 USD
- SOFT CAP: 8,000,000 AVAI
- MAX CAP: 20,460,000 AVAI
TOKEN DISTRIBUTION
- Crowdsale contributors: 20,460,000 AVAI (93%)
- Avaí Futebol Clube: 1,540,000 AVAI (7%)
ABOUT AVAÍ FC
Avaí Futebol Clube, or as we prefer to be called, Le?o da Ilha (Lion of the Island), is a professional association football club based in Florianópolis in Santa Catarina, Brazil, established in 1923. We play our Campeonato Brasileiro Série B and Campeonato Catarinense home games proudly wearing the blue and white at the Estádio da Ressacada. Avaí FC won the Santa Catarina State Championship title 16 times, which makes us the all-time record state champions. But our goals are higher: playing in Copa Libertadores!
We plan to build upon this tradition with a clear goal in mind: to return to the Campeonato Brasileiro Série A! Join us in achieving this ambitious plan by participating in the AVAI Token Crowdsale. Let?s go back to the Série A together!
Powered by SportyCo, decentralized sports investment & funding ecosystem.
Crowdsale starts tomorrow right ? Will you have an contribution bar on the website ?
October 02, 2018, 01:08:47 PM
c) Redemption of AVAI Token
30% of all AVAI Tokens that will be redeemed/exchanged on the Platform (either through AVAITokenStore, the AVAITokenTickets or the AVAITokenSpecialExperience) will be burned on the Ethereum blockchain on a quarterly basis, i.e. on or around 1 April, 1 July, 1 October and 1 January of each year, for previous quarter (that ends each time on 31 March, 30 June, 30 September and 31 December).
this is for 2019 right?
30% of all AVAI Tokens that will be redeemed/exchanged on the Platform (either through AVAITokenStore, the AVAITokenTickets or the AVAITokenSpecialExperience) will be burned on the Ethereum blockchain on a quarterly basis, i.e. on or around 1 April, 1 July, 1 October and 1 January of each year, for previous quarter (that ends each time on 31 March, 30 June, 30 September and 31 December).
this is for 2019 right?
redeemed / exchanged for what ?
Redeemed or exchanged within the AVAITokenStore (merchandise), the AVAITokenTickets (match tickets) or the AVAITokenSpecialExperience (VIP dinner with players / being present at half time talks etc)
Please check the whitepaper linked below for further information:
https://avaifc.io/avai-whitepaper-en.pdf
Crowdsale starts in 17 hours
get your seats in first line
October 02, 2018, 08:49:56 AM
WHAT HAPPENS IF YOU DON’T REACH YOUR GOAL?
If we will receive less than $8 million in contributions, the funds will be returned to contributors at the end of the token crowdsale.
and than stop with the project ? no ?
Yes, if the softcap of $8,000,000 / 8,000,000 AVAI tokens is not met, then the project will not go ahead and all funds contributed be refunded.
The rest of the tokens will probably not be issued right ?
Avaí is issuing up to 22,000,000 AVAI Tokens. A maximum of 20,460,000,000 AVAI Tokens (93%) will be available for purchase in the Crowdsale, with the other 7% retained by AVAI – being a maximum of 1,540,000 AVAI Tokens (7%) – and used for advisors, special promotions and similar. Unsold tokens in the crowdsale will be burn't.
October 02, 2018, 08:46:16 AM
c) Redemption of AVAI Token
30% of all AVAI Tokens that will be redeemed/exchanged on the Platform (either through AVAITokenStore, the AVAITokenTickets or the AVAITokenSpecialExperience) will be burned on the Ethereum blockchain on a quarterly basis, i.e. on or around 1 April, 1 July, 1 October and 1 January of each year, for previous quarter (that ends each time on 31 March, 30 June, 30 September and 31 December).
this is for 2019 right?
30% of all AVAI Tokens that will be redeemed/exchanged on the Platform (either through AVAITokenStore, the AVAITokenTickets or the AVAITokenSpecialExperience) will be burned on the Ethereum blockchain on a quarterly basis, i.e. on or around 1 April, 1 July, 1 October and 1 January of each year, for previous quarter (that ends each time on 31 March, 30 June, 30 September and 31 December).
this is for 2019 right?
redeemed / exchanged for what ?
Redeemed or exchanged within the AVAITokenStore (merchandise), the AVAITokenTickets (match tickets) or the AVAITokenSpecialExperience (VIP dinner with players / being present at half time talks etc)
Please check the whitepaper linked below for further information:
https://avaifc.io/avai-whitepaper-en.pdf
October 02, 2018, 08:15:35 AM
True AVAI FC backed by 2 leet companies
Blackbridge Cross Borders (Blackbridge) offers world-class financial solutions across the Eurasian continent. We structure, broker and facilitate the investment in real-estate, infrastructure, energy and sports for international investors.
Blackbridge Cross Borders (Blackbridge) offers world-class financial solutions across the Eurasian continent. We structure, broker and facilitate the investment in real-estate, infrastructure, energy and sports for international investors.
October 02, 2018, 07:53:08 AM
THE WORLD'S FIRST BLOCKCHAIN-BASED INVESTMENT PLATFORM
The AVAI Token Crowdsale is powered by SportyCo, the world’s first blockchain-based investment platform. SportyCo was the first successful sports token crowdsale, and is supported by renown sports and blockchain superstars, including Roberto Carlos, Ronaldinho, Filipe Luís, Kevin Harrington and Charlie Shrem. SportyCo will support Avaí FC before, during and after the Token Crowdsale with technical knowledge, marketing and promotion and platform setup.
backed up by Sportyco!
leet this is leet
The AVAI Token Crowdsale is powered by SportyCo, the world’s first blockchain-based investment platform. SportyCo was the first successful sports token crowdsale, and is supported by renown sports and blockchain superstars, including Roberto Carlos, Ronaldinho, Filipe Luís, Kevin Harrington and Charlie Shrem. SportyCo will support Avaí FC before, during and after the Token Crowdsale with technical knowledge, marketing and promotion and platform setup.
backed up by Sportyco!
leet this is leet
October 02, 2018, 07:51:48 AM
Avaí Futebol Clube, or as we prefer to be called, Leão da Ilha (Lion of the Island), is a professional association football club based in Florianópolis in Santa Catarina, Brazil, established in 1923. We play our Campeonato Brasileiro Série B and Campeonato Catarinense home games proudly wearing the blue and white at the Estádio da Ressacada. Avaí FC won the most Santa Catarina State Championship titles 16 times, which makes us the all-time record state champions. But our goals are higher - an upgrade to the 2009 season: playing in Copa Libertadores!
We plan to build upon this tradition with a clear goal in mind: to return to the Campeonato Brasileiro Série A! Join us in achieving this ambitious plan by participating in the AVAI Token Crowdsale. Let’s go back to the Série A together!
Join crowdsale guys https://dashboard.avaifc.io/register
We plan to build upon this tradition with a clear goal in mind: to return to the Campeonato Brasileiro Série A! Join us in achieving this ambitious plan by participating in the AVAI Token Crowdsale. Let’s go back to the Série A together!
Join crowdsale guys https://dashboard.avaifc.io/register
October 02, 2018, 07:28:58 AM
23 hours to crowdsale
Avaí FC will write history this summer – as the first professional football club using blockchain technology to achieve our next goal: playing again in the Campeonato Brasileiro Série A and qualifying for the Copa Libertadores !
Avaí FC will write history this summer – as the first professional football club using blockchain technology to achieve our next goal: playing again in the Campeonato Brasileiro Série A and qualifying for the Copa Libertadores !
Indeed that is the moment for mass adoption it will open the doors of opportunities when more people will get knowledge about blockchain. More awareness will make possible more adoption it is good to see crowdfunding campaign from professional soccer club.
October 02, 2018, 07:02:13 AM
Almost 68k followers on instagram - awesome
what a great community
https://www.instagram.com/avaifc/
what a great community
https://www.instagram.com/avaifc/
October 02, 2018, 05:31:02 AM
WHAT HAPPENS IF YOU DON’T REACH YOUR GOAL?
If we will receive less than $8 million in contributions, the funds will be returned to contributors at the end of the token crowdsale.
and than stop with the project ? no ?
Yes, if the softcap of $8,000,000 / 8,000,000 AVAI tokens is not met, then the project will not go ahead and all funds contributed be refunded.
The rest of the tokens will probably not be issued right ?
October 02, 2018, 04:53:30 AM
c) Redemption of AVAI Token
30% of all AVAI Tokens that will be redeemed/exchanged on the Platform (either through AVAITokenStore, the AVAITokenTickets or the AVAITokenSpecialExperience) will be burned on the Ethereum blockchain on a quarterly basis, i.e. on or around 1 April, 1 July, 1 October and 1 January of each year, for previous quarter (that ends each time on 31 March, 30 June, 30 September and 31 December).
this is for 2019 right?
30% of all AVAI Tokens that will be redeemed/exchanged on the Platform (either through AVAITokenStore, the AVAITokenTickets or the AVAITokenSpecialExperience) will be burned on the Ethereum blockchain on a quarterly basis, i.e. on or around 1 April, 1 July, 1 October and 1 January of each year, for previous quarter (that ends each time on 31 March, 30 June, 30 September and 31 December).
this is for 2019 right?
redeemed / exchanged for what ?
October 01, 2018, 01:35:30 PM
SPF price fixed for the AVAI Token presale – almost 10% of the SPF Total Supply may be burned
Only a couple of days left! The AVAI Token presale will be set up as a campaign on SportyCo.net, and will run from September 29, 2018, 12:00 UTC till October 2, 2018, 12:00 UTC. Get ready! And don’t forget to finish your KYC, while you’re at it.
In the presale a total of up to 400,000 AVAI Tokens will be available, at the valuation of $1 US dollar per AVAI Token. As stated in our previous post, we have looked at the price at Etherscan.io at 12:00 UTC on September 26, 2018 and the price was almost $0.029. We’ve decided to give all participants in the presale at least a 100% bonus on the price. We’ll go a bit above that, even.
The price for 1 SPF token in the AVAI Token presale was fixed at $0.03! As promised we are multiplying this price by the factor of 2 and thus getting $0.06. As the price of 1 AVAI Token is predetermined at $1, this gives us the exchange rate of 16 SPF Tokens for 1 AVAI Token.
This makes the max cap of the AVAI Token presale campaign at 6,400,000 SPF Tokens. There’s no soft cap. Participants will receive their AVAI Tokens no later than at the end of the AVAI Token Crowdsale. If the AVAI Token Crowdsale does not reach the soft cap of at least 8,000,000 AVAI Tokens being sold, participants in the presale will receive their SPF Tokens back to their wallets and the AVAI Tokens will not be distributed.
All SPF tokens collected in the AVAI Token presale will be burned after the successful completion of the AVAI Token Crowdsale. This means that up to 6,400,000 of SPF Tokens may be burned in this single transaction.
https://news.sportyco.io/2018/09/26/spf-price-fixed-for-the-avai-token-presale-almost-10-of-the-spf-total-supply-may-be-burned/
Only a couple of days left! The AVAI Token presale will be set up as a campaign on SportyCo.net, and will run from September 29, 2018, 12:00 UTC till October 2, 2018, 12:00 UTC. Get ready! And don’t forget to finish your KYC, while you’re at it.
In the presale a total of up to 400,000 AVAI Tokens will be available, at the valuation of $1 US dollar per AVAI Token. As stated in our previous post, we have looked at the price at Etherscan.io at 12:00 UTC on September 26, 2018 and the price was almost $0.029. We’ve decided to give all participants in the presale at least a 100% bonus on the price. We’ll go a bit above that, even.
The price for 1 SPF token in the AVAI Token presale was fixed at $0.03! As promised we are multiplying this price by the factor of 2 and thus getting $0.06. As the price of 1 AVAI Token is predetermined at $1, this gives us the exchange rate of 16 SPF Tokens for 1 AVAI Token.
This makes the max cap of the AVAI Token presale campaign at 6,400,000 SPF Tokens. There’s no soft cap. Participants will receive their AVAI Tokens no later than at the end of the AVAI Token Crowdsale. If the AVAI Token Crowdsale does not reach the soft cap of at least 8,000,000 AVAI Tokens being sold, participants in the presale will receive their SPF Tokens back to their wallets and the AVAI Tokens will not be distributed.
All SPF tokens collected in the AVAI Token presale will be burned after the successful completion of the AVAI Token Crowdsale. This means that up to 6,400,000 of SPF Tokens may be burned in this single transaction.
https://news.sportyco.io/2018/09/26/spf-price-fixed-for-the-avai-token-presale-almost-10-of-the-spf-total-supply-may-be-burned/
Thank you for the info. So avai futbal club is like a campaign on your sportyco platform, but I don't get it they will have their own AVAI token and their own crowdsale not on your platform. What about the contributed SPF will they be changed to AVAI or how will that go ?
The presale of the AVAI token, issued by Avai FC, has been setup as a campaign on the https://sportyco.net platform. Only SPF contributions will be accepted in the presale. All SPF contributed in the presale will be burn't, and yes in return you shall receive AVAI tokens with a minimum of a 100% bonus in comparison to the normal crowdsale, which starts the day after the presale has concluded.
did i read this right. all spf contributed in the presale will be burnt ? How can that happen if you have a certain amount of SPF and that is it... how can you burn more tokens ?
There are only 400,000 AVAI tokens available in the presale. 16 SPF per 1 AVAI. This gives a total of 6,400,000 SPF that can be burn't in total. This is roughly 10% of the total of SPF supply that would be burn't assuming that the presale sells out. Remember, there is no softcap in the presale either.
wow not trying to speculate or anything but I see maybe increase of SPF price
.. we will see. October 01, 2018, 08:29:39 AM
c) Redemption of AVAI Token
30% of all AVAI Tokens that will be redeemed/exchanged on the Platform (either through AVAITokenStore, the AVAITokenTickets or the AVAITokenSpecialExperience) will be burned on the Ethereum blockchain on a quarterly basis, i.e. on or around 1 April, 1 July, 1 October and 1 January of each year, for previous quarter (that ends each time on 31 March, 30 June, 30 September and 31 December).
this is for 2019 right?
30% of all AVAI Tokens that will be redeemed/exchanged on the Platform (either through AVAITokenStore, the AVAITokenTickets or the AVAITokenSpecialExperience) will be burned on the Ethereum blockchain on a quarterly basis, i.e. on or around 1 April, 1 July, 1 October and 1 January of each year, for previous quarter (that ends each time on 31 March, 30 June, 30 September and 31 December).
this is for 2019 right?
Yes, the first burn will be on or around 1st January 2019.
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