BrickEX has initiated the private sale and the crowd sale process will follow soon. We aim to complete the full token sale raise before end of November 2018. The BrickEX smart contract will pre-generate 1.000.000.000 tokens (one billion). Of the total tokens generated, 40% will be sold in token sale and circulated at a minimum $0.10 on day one, resulting in an initial market cap of $40.000.000. During the token sale, BrickEX will distinguish 2 separate phases:
|Sale stage||Date||% of
|Crowd Sales||31st Oct||20||80,000,000||$8,000,000||0%||$0.100||$8,000,000||None|
The token sale is not available for US citizens.
The token sale has been structured to prevent investors to sell under the token sale introduction price. To accomplice this, all bonus parts in Private Sale have a minimum vesting period of 1 month. Tokens distributed to the BrickEX team and advisors have a vesting period of 2 year. No tokens can be sold in the first 3 months after the token sale, thereafter team members can sell a proportion of 1/24th monthly of the tokens received. Team members can buy as many tokens as they wish on personal title.
The governing currency on the BrickEX platform is the Brick Token (BRI). It is designed to enable participants to utilize the decentralized exchange.