EARLY BIRD BONUS
All contributors participating within the first 20 days of the ICO period (at or before timestamp: 1525226400) will receive extra TEU tokens equivalent to 50% of their contribution as Early Bird Bonus.
(Up to 100%)
Volume Bonus Token will be awarded according to below schedule:
|ETH or eqv.||Bonus token|
Any Contributor (the Referrer) is eligible to refer any acquaintance (the Referred person) to contribute and there is no limit to the number of referrals. Both the Referrer and the Referred person will be awarded 20% of the Referred person’s contributed ETH equivalent amount as Referral Bonus Tokens.
The Referral Bonus Token amount is calculated based on the below formula:
(Contribution (in ETH equivalent) of the Referee)
96 HOUR TIME LIMITATION FOR REFERRAL BONUS
- Referral Bonus Tokens must be claimed within 96 hours which is imposed in the ICO smart contract in the Ethereum blockchain, of the contribution by the Referred person.
- Within his/her Ether wallet, the Referred person must call the “Referral” function by inputting the wallet address of Referrer into “Referrer” field in the function for both Referrer and the Referred person to collect the Referral Bonus Tokens.
- If the Referred person does not call the “Referral” function properly within 96 hours of the timestamp of his/her contribution, the Referral Bonus Tokens will be forfeited. Referral instructions is provided on the Sale Website.
HISTORIC EXCHANGE RATE
|Period||BTC/ETH Exchange Rate||BTC/TEU Conversion Rate|
|Is there any gas consumption (network fee) when transferring TEU Tokens?||Transfers is subject to ETH gas fees like all other transactions on the Ethereum network.|
|When do I receive TEU Tokens after contribution?||4 days after the end of ICO, you can collect TEU Tokens by calling the collectToken function in ICO smart contract.|
|Can I contribute directly from an Exchange?||Do not use any exchange proprietary wallets to participate in the TEU ICO. We will not be able to trace your contribution if any exchange wallet is used.|
|What is the minimum purchase for TEU Tokens?||The minimum contribution is 0.1 ETH. Smaller contribution amounts will be rejected (with warning on submission failure). If you ignore the warning, gas will be wasted.|
|How can I check how much ETH has been contributed in the ICO?||The amount of ETH received during each period will be shown on the 300cubits website or enquired directly on the ICO smart contract.|
|How can I contribute in the TEU IT?||It is simply sending ETH to ICO smart contract (or the 40 hex characters address starting with 0x published in our website or social media) from your Ethereum wallet.|
|Why do Know-Your-Client process is required?||We perform it because we observe the laws of Hong Kong. We adhere to the Know-Your-Client (KYC) and Anti-Money Laundering (AML) best practices within the evolving crypto currency landscape.|