How To Participate on Tokel IDO on AtomicDEX
In order to participate, make sure you have downloaded AtomicDEX and have created a wallet there. All you need to do is purchase KMD and have it ready in your AtomicDEX wallet. Then, check AtomicDEX for KMD/TKL orders and purchase them during the 2 week period. It is as simple as that.
Phase 1: Price Discovery
The purpose of this phase is to conduct a level of price discovery. If you think TKL is worth more than the current lowest offer, purchase it. If you do not, wait for Phase 2 to purchase more. If you wish to wait until the price has been discovered, wait for Phase 2 to start before participating.
Total TKL: 500 000 TKL
Time period: 48 hrs
Total offers: 50
Amount per offer: 10,000 TKL each
Starting at: 0.01 KMD
Increasing by: 0.008 KMD per offer
Ending at: 0.402 KMD
I.e
Order 1: 10,000 TKL @ 1 TKL for 0.01 KMD
Order 2: 10,000 TKL @ 1 TKL for 0.018 KMD
Order 3: 10,000 TKL @ 1 TKL for 0.026 KMD
…
…
…
Order 48: 10,000 TKL @ 1 TKL for 0.386 KMD
Order 49: 10,000 TKL @ 1 TKL for 0.394 KMD
Order 50: 10,000 TKL @ 1 TKL for 0.402 KMD
Phase 2: Main IDO
During this phase, the total 19.5 million TKL will listed at a single price. This price will be 70% of the final Phase 1 price. You can swap any amount of KMD for TKL at your convenience within the 14 days that Phase 2 will be running.
Total TKL: 19 500 000 + leftover Phase 1
Time period: 14 days
TKL price: 70% of the Phase 1 price
In Depth Ido Details
If you would like a more indepth look into the IDO details and offers, please take a look at this excel document that outlines every Phase 1 offer, and the equivalent Phase 2 price should the price discovery stop on that offer.
IDO details for download
Disclaimer
As always, you are required to do your own research and not take any of this as financial advice; we do not endorse any specific activity. Ownership of the TKL coin carries no rights; it is used to create tokens and send transactions on the Tokel blockchain. These TKL are being sold to creators and users of the blockchain for this sole purpose. There are no guarantees of TKLs future value. There should be no expectation that TKL will ever generate any value other than for the use case described. All trades on AtomicDEX are non-refundable. Nobody in the Tokel community or team are liable for any loss caused, whether due to negligence or otherwise arising from the use of, or reliance on, any information provided directly or indirectly.
📰 INFO
