Opiria: Token Generation Event And ICO Structure
Many people are not aware that data brokerage is a business worth $250 billion worldwide and it has experienced an exponential growth of 13.5% just in the past four years. Data brokers have become very wealthy by selling, trading and dealing with the personal data of millions of people without their knowledge but one company is standing up to this business model by offering a balanced alternative.
Opiria is ready to change the way data is traded and sold to companies who strive for this information to build their marketing strategies or to create new products. Their platform is almost ready to operate at full scale, but they need to finance further development. To make that happen, they have created the PDATA token utility.
Opiria has a plan to issue 750 million PATA tokens priced at $0.10 per unit. The company will collect the payment for the token in digital currencies with adjustments made according to the market.
A private sale will be held on April 9th of 2018 where contributors can place a minimum investment of $50,000 while getting the benefit of a 50% bonus. This sale will be hard capped at $5 million. A public pre-sale will be offered the next day where users offering contributions over $5,000 will be awarded a 20% bonus, the pre-sale caps will remain undisclosed by the company but if the goal is achieved the main public sale is set to begin within 24 hours. Opiria will reveal the results of their pre-sale in all available channels over their social networks.
If the company doesn’t break the hard cap in the pre-sale, they will go with the original date on their roadmap for the public sale. This event will take place on April 21st, and it will last a full month. Contributors who partake on the token will receive a specific bonus during the first 15 days of the sale.
The company is measuring their earnings in US dollars but will take payments only in Ethereum, Bitcoin or Ripple. They have hard-capped the event at $30 million with a window for expansion of an additional $5 million if the sale proves to be popular. Everyone in the world can play a role as a contributor, but the Asian market is facing serious restrictions. All the people who placed an investment in PDATA tokens will get their tokens unlocked 30 days after the public sale.
The 750 million units of PDATA tokens will be distributed as it follows: 60% will be offered in the public sale, 13% will be used for a development fund, 20% will be distributed among the development team, 5% will be awarded to the advisors of Opiria, and the remaining 2% will be used in the bounty programs.
According to the company, the money collected after the public sale will be distributed this way: 30% will be used to complete development of the platform, 45% will be used to expand Operia’s operations around the globe. And 25% will be used to expand the customer base by acquiring panel companies, offering sign-up rewards and marketing campaigns.
To get more details about the token generation event or the distribution of rewards you can check their:
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