fdX Token Distribution Completed!

in #ico7 years ago

Dear fidentiaX Community,

Please allow us to express our sincere gratitude for all the support and encouragement over the last couple of weeks! THANK YOU!

fidentiaX community has grown tremendously since the announcement of our project on 15th Oct, till date our community stands at >5000 strong! We look forward to your continuous support and help to spread the word about fidentiaX and keep the community growing.

Our Crowd Token Contribution (CTC) aka ICO ended yesterday and we managed to collect US$1,566,283.22 over a total distribution of 3,053,304.68 fdX tokens.

As per our communication via our Steemit post on the change in strategy (https://steemit.com/fidentiax/@fidentiax/announcement-on-change-of-token-strategy) as well as the post detailing how the distribution of unallocated tokens (https://steemit.com/ico/@fidentiax/fidentiax-token-distribution-after-ctc-how-are-we-doing-it).

We have completed the distribution of the unallocated tokens (96,946,695) proportionally to all existing tokenholders based on the below example:

Example:

Investor A
Token Held: 5,000 fdX
Total Allocated Float: 3,500,000 fdX
Total Float: 100,000,000 fdX

The calculation would be:

[5000 / 3,500,000 * 100,000,000] - 5000 = 137, 857.14 fdX

to be distributed to Investor A

We are listed on Etherdelta (https://etherdelta.com) , Ethbits (https://www.ethbits.com) and Coss (https://www.coss.io). You should be able to trade on Etherdelta immediately and the other 2 exchange within a couple of days after testing is done.

We look forward to your continuous support and the team will work hard on delivering our prototype by Q1 2018.

fidentiaX Team

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