ARtoken by Cappasity: Token Sale details and timeline

in #cryptocurrency7 years ago

Cappasity is a well-known player in the AR / VR market, engaged in the creation and integration of 3D images of goods in online stores. The AR / VR industry has great prospects for development. However, one of the main obstacles to full potential in this area is the lack of quality content. For this reason, the company is launching a community-based blockchain platform, the main purpose of which is the generation of 3D content. Participants will be able to create, lease and sell AR / VR / 3D objects using ARToken (ART) tokens. The infrastructure of the platform will be based on the Ethereum blockchain system, the application of which will allow users to register the copyrights to their work and monitor the fair distribution of compensation between all stakeholders using smart contracts for transactions.

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One of the key features of the upcoming ICO will be compliance with the requirements of Rule 506 (c) of the Securities Act, so that tokens will be available for purchase by accredited investors from the United States. However, unlike residents of other countries, they will need to undergo a special KYC procedure to confirm eligibility.

ARToken:
Utility token (Howey test score = 20)
Total hard cap: $50M
Phase 1 AR/USD basic token price: 125 AR per $1
Phase 2 AR/USD basic token price: will be announced on January 23. It will be based on the token market value and is expected to be higher than Phase 1 price.
Total ARs available for crowdsale: The amount of tokens to be sold is capped by 7,000,000,000 AR.
The actual amount of ARs: known after the end of the crowdsale (unsold tokens will be burned)
Listing: ARToken will be listed on the crypto exchanges right after the end of Phase 1 of token sale.
Minting/mining: no

Phase 1 launch date and time: 1PM UTC, October 25, 2017
Phase 1 end date: 28 days after launch
Phase 2 launch date and time: 1PM UTC, March 22, 2018.
Phase 2 end date: 28 days after launch or when the hard cap is reached.
Currencies that are accepted: BTC ETH
Minimum Buying Transaction: We do not accept contributions under $35. Those contributions won't be treated as buying transactions and will be ignored

The bonus model: Bonuses will depend on the tier the contribution is made, and on the amount contributed.
Phase 1 bonus model:

  • First $10M (TIER 1) - 10% Bonus
  • Second $10M (TIER 2) – 5% Bonus
    Contribution size bonus: $100K-$300K - 5%, >$300K - 10% These bonuses are independent and can be summed up.
    Phase 2 bonus model:
  • First $10M (TIER 1) - 10% Bonus
  • Second $10M (TIER 2) – 0% Bonus

**Token Distribution & Allocation: **
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For more details:
official website: https://cappasity.com/
Whitepaper: https://artoken.io/assets/docs/Cappasity_WP.pdf?ver=1.02
ART token sale details: https://artoken.io/
Ethereum Address: 0x8027cb9fD18F935bB06cC98e0dfd48D074F87dc2
BTC: 19Apd2goafbofkndwkpmgxqMNpfsfJVaUX

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