Tip Blockchain Token Sale Dates Announced
Tip Blockchain is a Canadian startup working on the mass adoption of cryptocurrency by solving the problems of ease of use. They are creating a blockchain-based ecosystem where users will be able to interact, transact and find each other using user-friendly usernames instead of cryptographic hashes. Their platform provides usernames, and a way to discover content on the network, be it users, businesses or other services. The platform also provides a cryptocurrency point of sale system for businesses, to make it easier for them to accept crypto payments. The entire ecosystem is built upon the Tip Blockchain – the first fully indexed and searchable blockchain that allows the storage and discovery of arbitrary metadata with accounts and transactions.
Started at the beginning of 2018, the project has already gained wild popularity, especially on Telegram. Their Telegram group currently has over 56k members. With such a huge potential user base, there is much anticipation for their upcoming token sale.
Token Sale Dates and Details
The native token for Tip Blockchain will be the TIP token (TIP), which will initially be released on the Ethereum network as an ERC20 token. Contributions made to the token sale will need to be in Ether (ETH). The base price for TIP tokens (without any bonus) will be one ETH = 10,000 TIP. The token sale will consist of three round:
- Seed Round : June 1-15, 2018, with 200 percent bonus. (One ETH = 30,000 TIP; minimum purchase amount = 25 ETH).
- Pre-sale: July 13-20, 2018, with 50 percent bonus. (One ETH = 15,000 TIP; minimum purchase amount = 1 ETH).
- Crowd Sale: July 20-August 17, 2018. First-week bonus 30 percent, second-week bonus 20 percent, third-week bonus ten percent (Minimum purchase amount = 0.01 ETH).
The total supply of TIP tokens will be 1,000,000,000. Sixty percent of tokens (600,000,000) will be available for purchase during the token sale. The hard cap for the token sale is 50,000 ETH.
Sign up to be whitelisted for the token sale at https://tipblockchain.io/#whitelist
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