How PROD token will make the difference ?

The future, for Productivist, is certainly bright: a well thought out project designed to meet the needs of the manufacturing industry today. Word is snowballing and Productivist is extremely excited about what the future holds. Confident in the fact they have meticulously studied market needs and that they hold a viable solution to improve the supply chain in a highly secure manner, they know that their project can change the face of the manufacturing industry. The result will be an acceleration in efficiency as the industry has never experienced before.

As the buzz spreads it is maybe a good moment to take a closer look at the PROD token and how it will work. For some token sales may be a familiar procedure but for many it may be the first time, so taking the time to describe the PROD token and the sale process is certainly beneficial.

The first step is to register. Once registered on the ico.productivist.com, PROD tokens can be purchased using Ethereum, Bitcoin, Litecoin, Dogecoin, Dash. In order to obtain PROD tokens, ERC-20 compatible wallet such as My Ethereum Wallet must be used (distributed at the end of the token sale). As part of Productivist’s KYC process, and as per ico.productivist.com, users may also be required to provide additional information and documentation to verify their identity. Productivist reserves the right to reject a potential PROD token purchaser.

The Productivist Token Sale will take place on May 1st and will conclude at the earliest on the 31/07/2018. According to contributions received Productivist reserves the right to extend the Closing Date, up to 3 times with each extension lasting up to 30 days. If it is the case that on the Closing Date (or in the case at the limit of the extended sale), Productivist has not received a minimum of 3 million EUR in contributions, all contributions will be returned to contributors.

The exact number of PROD Tokens to be received by a contributor will depend on what day of the Token Sale the contribution is made, as determined by the PROD Token allocation mechanism. The final number of ProducTokens created will be determined by how many tokens are distributed during the ICO. Purchasers who commit to purchase PROD Tokens either during the Token Sale valued at 20 000€ or more, will be eligible for a bonus.

• Pre-ICO (1–15 May) : 0,10 € = 1,28 PROD = 35% Bonus
• Round 1 (16–31 May) : 0,10 € = 1,18 PROD = 18% Bonus
• Round 2 (1–15 June) : 0,10 € = 1,12 PROD = 12% Bonus
• Round 3 (16–30 June) : 0,10 € = 1,08 PROD = 8% Bonus
• Round 4 (1–15 July) : 0,10 € = 1,03 PROD = 3% Bonus
• Round 5 (16–31 July) : 0,10 € = 1 PROD

Productivist will use the PROD tokens in the Productivist Reserve for future distributions, performing decentralized production initiatives. This Reserve will ensure against fluctuations in the circulation of PROD tokens that might otherwise impact the ability of PROD tokens to serve as a useful medium of exchange for clients, manufacturers and other users who will engage in transactions on the Productivist platform.

It is clear that the advantages of getting involved in the Pre ICO and Round 1 are huge and indeed promise good returns. As with any speculation those who are in first reap the benefits. It is a project which exudes good vibes and once on board those who purchase PROD tokens will become an integral part of the manufacturing revolution 4.0 Now is certainly the moment to find out more. The Pre-ICO sale is programmed to start on the 01 May 2018. More information is available on the Productivist website. You can find more details in the Productivist whitepaper @ ico.productivist.com