What, when and how? Leonardian after the ICO.

in #blockchain6 years ago (edited)

 First, thank you for your questions, support and feedback on Leonardian’s project! It is really priceless to have you with us.Second, based on frequently asked questions from the community about tokens distribution and the ICO itself we decided to write this article providing some answers.As we have announced our ICO ends on August 06, 2018. We have already pointed out why you should not wait till then to get on board (read more HERE). 

 After the ICO depending on the gathered amount of investments there are a few scenarios:

Soft Cap is reached

This means we will have the budget to technically create the product and make a release according the calendar.After the end of the ICO we will distribute the tokens to all of our investors and contributors (incl. participants in referral, bounty, airdrop and other programs).In case the Soft Cap is reached but the Hard Cap — not, the leftover tokens will be burned.

Soft Cap is not reached

If the gathered investments are lower than the Soft Cap, we will make a refund to the investors.

Hard Cap is reached

This is the best scenario for Leonardian. It means we will have enough to go for the planned development of this fair market place for digital assets.When we reach the Hard Cap we close the ICO and the tokens will be distributed to investors and contributors.If you have any questions or want to discuss the project, feel invited to contact us on Telegram, by email etc.

Leonardian Team

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