The price of LWF token was changed for 1LWF token to be equivalent to 0.33 USD at TEC instead of its initial price of 1 USD. LWF will also have a total of 100,000,000 generated as against the earlier token amount of 30,000,000 LWF but only 78,000,000 LWF would be made available for sale during TEC.
What is the detailed bonus structure for the LWF token exchange campaign?
The TEC which begins on the 27th November would start with a bonus of 25% until 29th. From then 20% till 5th December, and 18% till 10th December. 16% from 11th to 19th December. 14% until 22nd December and 10% from 23rd December till TEC ends. Tokens would be distributed 2 days after ico ends.
Yes, the project is has a hardcap of 2000btc has been established to ensure that those who sent btc receive a certain amount of LWF after the end of TEC.
Thanks for information, what happens if hardcap is attained in ico before it comes to an end.
If hardcap is reached before token sale comes to an end, then TEC would be closed and LWF tokens would be distributed to participants.