ICO stands for “Initial Coin Offering” and it is a means of raising capital through a crowdfunding campaign with the use of crypto-assets as investment. A digital asset, the coin or the token, is issued for a purpose and are sold to raise money for the said purpose. After the ICO process is done, the coins are traded on crypto-exchanges and market supply and demand decides on their fair pricing.
These are monetary units (also known as "coins" or "tokens") protected by cryptographic technology. There is no physical analogue to these monetary units, they exist only in virtual space. Tokens are protected from forgery, because they represent encrypted information that can not be copied (the use of cryptography defined the prefix "crypto" in the title).
There are two phases to the token sale: 1. Pre-Sale: 15 May 2018 12:00 UTC until 31th May 2018 12:00 UTC: The pre-sale will allow early participant to buy tokens before the general sale begins. To reward early participant, we will offer discount per token. 2. General Sale: General ICO Sale will start On 1st June, 2018 and sale will end after 45 days.
The total tokens supply is the total number of tokens sold (68.5%) plus the tokens for the BitStump team (10%) and the tokens for the affiliate and the bounty program (21.5%).. An exact division has given below: - Tokens for the public 68,500,000 (68.5%) - Tokens for the BitStump team 10,000,000 (10%) - Tokens for affiliate/bounty 21,500,000 (21.5%) This tells us that the total supply will be 100,000,000 (100%)
We accept Bitcoin and Ethereum.
BITS tokens are Ethereum ERC20 compatible tokens. You will need a compatible wallet to receive your BITS tokens. We recommend and have tested, the following wallets: Mist, Meta Mask, and MyEtherWallet. ( If you send Ethereum using Mist, Meta mask and MyEtherWallet you will get Token instantly) Important: You are responsible for the security of your wallet and in particular your private key. You can purchase BITS token using Bitcoin and also get BITS tokens in Ethereum ERC20 compatible wallet.
There is no minimum.
Minimum purchase 150 BITS Token.