About blocklancer ICO
Blockchain platform BLOCKLANCER
(old photo)
Buying a Blocklancer Tokens will be open to everyone in the form of a crowdsale by pledging
Ethereum into the smart contract. If you don’t have Ethereum, you will be able to convert
other currencies via a third party conversion service at the main page. During the first hour of
the sale the tokens will be available at a rate of 15,000 LNC to 1 ETH (0.02 $ per LNC). After
one hour the rate changes to 10,000 LNC to 1 ETH (0.025 $ per LNC) for the first 10 million
Blocklancer Tokens and this rate decreases by 1 % for every 10 million tokens sold. 10 % of the
tokens will be kept by the developers and 2 % are reserved for the Bounty.
35 % of the money raised from the sale will be used to improve the Blocklancer platform. 10 %
of the fundings will go into general administrative purposes, 40 % are reserved for marketing
expenses in order to improve the reputation of our platform and to increase acceptance of
cryptocurrencies. 3 % will be used for our IT infrastructure and 2 % for all the software licenses
needed. The last 10 % are meant as a reserve for miscellaneous things; a financial buffer, so
to say.
From official white paper BLOCKLANCER
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