Hackspace Capital (HAC) ICO Sale Details

Website: (Please use the referral link): https://hackspace.capital/?ref=ryvroPe2-

Whitepaper: https://hackspace.capital/whitepaper_hackspace_EN.pdf

Hackspace Capital is a fund based platform that finances innovative hardware startup teams with cutting edge products and technologies. It goes with the tagline, "Invest in the future and change the world for the better."

 Hackspace Capital is a platform established in 2017 for the purpose of investing in and developing the most promising early stage technology hardware and connected hardware startups identified by its strategic partner, the innovative engineering catalyst EnCata. Hackspace Capital also serves as an online shop, where people can acquire products and services created and offered by Hackspace Capital startups. 

TOKEN SALE DETAILS

The company’s token sale for HAC tokens launched on September 19 – but it only lasts for 24 hours. Hackspace Capital will have one crowdsale per month, and each sale will last 24 hours. 

Token Symbol:  HAC   

Rights of Token Holders: 

 Buyers of HAC TOKENS will have the long-term right to exchange TOKENS on the HACKSPACE platform at a 20% discount to market price for goods and services produced by the HACKSPACE network of companies 3 months before the official market entry. HAC TOKEN holders can also freely exchange HAC TOKENS for other crypto or fiat currencies on liquid exchanges or sell HAC TOKENS via the HACKSPACE platform to buyers interested in acquiring HACKSPACE goods and services at a 20% discount to market prices. HACKSPACE believes that the opportunity to acquire HACKSPACE goods and services at a 20% discount should always provide a liquid environment and strong global demand for sellers of HAC TOKENS, given its products and services are at the core of science and technology development. 

Total HAC TOKENS authorized:       1 Billion (1,000,000,000)

  • Percentage of HAC Tokens for public issuance:                                                                  51% (510,000,000)
  • Percentage of HAC Tokens for current and future Hackspace projects (startups):     39% (390,000,000)
  • Percentage of HAC Tokens for marketing, bounties, advisors, bonuses:                         5% (50,000,000)
  • Percentage of HAC Tokens for Hackspace founders and employees:                               5% (50,000,000) 

 The 51% HAC Tokens to be issued directly to the public in 12 monthly sessions of 24 hours each. The first issuing session will be September 19, 2017.  HAC TOKENS will be sold in an auction format, with the price of the HAC TOKENS fixed at the completion of the auction. 

Project Status:    Live Company

Launch Date:       September 19, 2017 at 21:00 (UTC +8)

Total Token Offering Sessions:       12 sessions (once monthly), 24 hours each

TokenPrice:  Tokens do not have any fixed price, as their value will be determined ‘post’-factum’, upon completion of each Token Sale session and distribution of all the allocated HAC Tokens [to the particular Token Sale session] between the Token buyers, according to their purchases and bonuses.

Distribution of purchased HAC tokens:       After 5 days of each completed session

INVESTMENT FAQs

1. Which legal entity is making the the Token Sale? 

HACSP CAPITAL LTD ΗΕ 372187

Limited Company Address:16 Pentelis str. Nicosia 2401 Cyprus 

2.   How many tokens are issued during the TOKEN SALE? 

The total authorization of HAC tokens equals 1,000,000,000. 510,000,000 HAC tokens will be distributed directly to the public in 12 monthly sessions of 24 hours each.

3. What is the 12 month Token Distribution scheme?

  • 1st month    -    255,000,000 
  • 2nd month  -     127,500,000 
  • 3rd month   -       63,750,000
  • 4th month   -        31,875,000 
  • 5th month   -         15,937,500
  • 6th month   -           7,968,750
  • 7th month   -           3,984,375
  • 8th month   -            1,992,187
  • 9th month   -              996,093
  • 10th month -              498,046
  • 11th month  -               249,023
  • 12th month  -                124,511  

4. Will there be an additional issue of tokens?

The total emission of HAC tokens equals 1 Billion (1,000,000,000) with no further additional emission. 


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Donation address:

ETH: 0x10D804eeEd394E860B38245457DA32e6e0F3c626

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