Rilcoin ICO Pre-sale Information
Start date: 1.11.2017-00:00:00 UTC
Tokens available for in Pre-sale: 5,000,000 ( 5 Million)
Token exchange rate: 1 ETH = 300 RTK
Token Price: $1 USD approx.
Minimum purchase: 300 RTK
Maximum transaction amount: Unlimited
Amount of token per person: Unlimited
Currencies accepted: Ethereum (ETH)
How to participate in Pre-sale?
To participate in the Ril Token distribution, you will need an Ethereum compatible wallet or an application where you and only you hold the private keys. Private keys are needed to correctly interact with smart contract functions, like transferring cryptographic tokens. Do not send ether (“ETH”) directly from cryptocurrency exchanges, only an ETH compatible wallets are accepted.
How does the Ril Token distribution work?
The Ril Token distribution will take place from November 2017 and there will be 100% of total Ril tokens available for crowd-sale. 35 million (35,000,000) Ril Tokens will be distributed according to the schedule below:
Pre Sale – 5 million (5,000,000) Ril Tokens will be distributed during a 15 days period with a bonus of 30% – beginning on November 1, 2017, at 00:00 UTC and ending on November 15, 2017, at 23:59:59 UTC.
First Phase – 10 million (10,000,000) Ril Tokens will be distributed during a 30 days period with a bonus of 25%.
Second Phase – 10 million (10,000,000) Ril Tokens will be distributed during a 30 days period with a bonus of 15%.
Third Phase – 10 million (10,000,000) Ril Tokens will be distributed during the last 30 days period with a bonus of 10%.
At the end of each phase, remaining unsold token (if any) will be carry forwarded to the next phase and they will be available for sale with the bonus % of the current phase.
In any phase, If the available Ril-tokens are sold before the end date of that phase; there will be a pause period to crowd sale of maximum 7 days and sale of tokens of next phase will start after pause-period. E.g. In the first phase, 10 million Ril-tokens are sold in first 10 days. As per the guidelines, the crowd sale will go into the pause for a period of 7 days and thereafter phase 2 will begin.