Storeplex - Global Marketplace for Billions - Part 2 The approaching ICO

My first article on Storeplex came out a few days ago and I link it again below for all those who want to read it again.

This second article is about the approching ICO.

Although I think that most people now know what an ICO (Initial Coin Offering) is, I would like to summarize once again briefly.

An ICO is a pre-sale of coins or tokens to get the necessary funds for a project or the start of the company. A crowdfunding or kickstarter, so to speak. There are some companies that prefer a very short ICO phase and others stretch it for up to a year. Both have their advantages and disadvantages.

Almost all projects divide their advance sales into several phases. These differ by the percentage of bonuses, the number of existing tokens or coins and especially when they will take place. Not infrequently, there is a first private pre-sales phase in which only investors can invest with large sums of money. They therefore get the biggest bonus and, so to speak, help with their investment, the project on the jumps. This phase is usually not added to the official ICO and can well be performed months before the actual start.

The actual first proper ICO phase then begins with the pre-ICO and can in turn be divided into several sections. A couple of days ago I wrote an article about a project, which had seven Pre-ICO phases. The actual Crowdsale ICO phase (s) will then be the final part and will be the perfect time for all those who can not and will not invest much. One thing is for sure, the sooner you get into an ICO, the bigger the bonuses you get per purchase.

Storeplex is running its ICO in the follwoing way.

First of all, the rough data:

Pre-ICO

There is a different base rate of 1 ETH / 2500 PLEX + 100% Bonus = 5000 PLEX in the Pre-ICO. Please keep this in mind.

Bonus: 100%
Number of Tokens: 10,000,000 PLEX

ICO (crowdsale):

In crowdsale the base rate changes to 1ETH / 1000 PLEX + respective bonus.

ICO (crowdsale) Phase 1:

Start: 09.07.2018
End: 15.07.2018

Bonus: 60%

ICO (crowdsale) Phase 2:

Start: 16.07.2018
End: 22.07.2018

Bonus: 40%

ICO (crowdsale) Phase 3:

Start: 23.07.2018
End: 29.07.2018

Bonus: 20%

ICO (crowdsale) Phase 4:

Start: 30.07.2018
End: 05.08.2018

Bonus: 0%

For the main ICO, a total of 40,000,000 PLEX tokens are available.

Now a small example for investments during different phases.
If you buy PLEX tokens in the Pre-ICO phase you will get for 1 Ethereum (ETH) investment sum 2500 PLEX tokens + a bonus of 100% which means another 2500 PLEX tokens. So for 1 ETH = 5000 PLEX.

In comparison to this, a purchase in Phase 3 of the crowdsale with only a 20% bonus will get you less tokens for the same investment of 1 ETH.

1 ETH 1000 PLEX + 200 PLEX = 1200 PLEX

That's a huge difference of over 400%. So it's worth thinking about when to invest.

I often hear the following question loud and clear „But what happens to the unsold tokens?“.

But this question is often not answered, regardless of its importance.

Of course, I wholeheartedly wish the Storeplex project to reach their hardcap, but the team has also prepared for the possibillity if that does not happen. If not all 50,000,000 PLEX sell, so the remaining ones are burned, meaning that they get deleted from the total tokensupply. This is always accompanied by an increase in the value of the remaining tokens, because there are fewer left over. An investor-friendly decision by the Storeplex team.

And what's next? How are the funds used after the ICO?

A whopping 50% goes into the development of the Storeplex marketplace. A very important decision and from my point of view the absolutely right one. If the product does not have enough time for development, then it is often immatureand thus will fail in the end. With such a healthy sum to spend in this area, Storeplex is absolutely save here.

The next bigger part of the cake gets the advertising department. It is also very well equipped with 20% of the ICO funds. A fundamentally solid storeplex marketing is hopefully coming into full swing after the ICO is over.

With 10% each, the three remaining divisions are also well supplied. These are mainly the daily expenses of the company, which includes all technical purchases and costs. Among other things, there are servers to rent, software licenses to buy and many other necessities. All legal matters and the payment of the team are just as important and get the same amount of 10%.

An all-round balanced distribution in my estimation.

At this point I would like to point out to all those interested that every future investor has to make up his own opinion about a project in which he / she wants to invest. Any reporting on an ICO is only an opinion of the creator of the material. This is important to note.

I will finalize my Storeplex article series with a third article. In it I will explain what the "Storeplex Community Investment Fund" is and why we need the Storeplex Marketplace and its PLEX tokens.

You can keep up to date with the following links - of course everything is in English there, but that's what I mentioned in the first article.

Website: http://www.storeplex.io/
Telegram: https://t.me/joinchat/HkVaF0cOO4clBNwv8i4VcQ
Twitter: https://twitter.com/storeplexio
Email: [email protected]
White Paper: http://www.storeplex.io/documents/Storeplex-Whitepaper.pdf

My first article about Storeplex: https://steemit.com/blockchain/@desposyni/storeplex-global-marketplace-for-billions-part-1-an-introduction