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Author Topic: BitBoost Token Sale/FreeMarket Asset Holders  (Read 328 times)

PoofKnuckle

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BitBoost Token Sale/FreeMarket Asset Holders
September 01, 2017, 02:36:43 pm

BitBoost is happy to announce that it has set dates for its pre-sale and token sale.

The announcement is here: https://medium.com/bitboost/bitboost-announces-token-sale-for-the-block-c8c04346ca44

We are working out the details of how to get BitBoost Tokens to FreeMarket asset holders. We have a portion of our tokens set aside for them.

More details will be announced here as we figure this out.

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BM-NBTVHaA41Ejh2G6krD9p5vM62vk84isM

MrV777

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Good to hear and congratulations!!
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PoofKnuckle

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The BitBoost pre-sale is underway!

https://www.bitboost.net/pre-sale/

It ends on Saturday, September 23rd.

We will also conduct the swap of FreeMarket assets for BitBoost tokens (BBT) shortly: between the end of the pre-sale and the beginning of the main sale, which starts October 10th.

We have reserved 5% of all BBT for FreeMarket asset holders.
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PoofKnuckle

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Instructions will be posted here, and in the Supernet Slack, once the exact procedure has been decided.
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PoofKnuckle

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OK, after giving this some thought, I think what we have to do is take the number of outstanding FreeMarket assets, and divide them by the 5 million BBT to get a ratio. Removing the assets held by the dev team, which is 144'389 for me and 190'995 for blackyblack (a total of 335,384), there are 664'616 assets for 5 million BBT. That means we will distribute about 7.5 BBT per FreeMarket asset.

I originally wanted to just split the 5 million among those who participated in the swap between the pre-sale and ICO, but I don't think that would be fair to everyone; some people would miss out, while others would get a windfall. Instead, we will extend the swap period to be about 3 months long, starting now. (Tokens are not available until they are released at the end of the ICO.)

I'll create a NXT wallet for this purpose. Send your assets to this wallet, and include your Ethereum wallet address. After the ICO I will send BBT to that ETH address. Unfortunately, I think this will have to be a manual process, so it may take me some time to get through every swap.

Make sure your wallet can accept ERC20 tokens. MyEtherWallet (https://www.myetherwallet.com) is one that I know can accept them. I will also post the instructions for how to prepare your wallet to accept them.

Instructions to follow soon...
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BM-NBTVHaA41Ejh2G6krD9p5vM62vk84isM

PoofKnuckle

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Also, unrelated to this, but related to our ICO:

http://www.royalico.com/#auditedicos

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BM-NBTVHaA41Ejh2G6krD9p5vM62vk84isM

PoofKnuckle

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I have now posted instructions on the asset swap to our blog:

https://www.bitboost.net/blog/swap-freemarket-assets-bitboost-tokens/

NXT: NXT-WBVP-83YM-FRB3-9MQLY
BM-NBTVHaA41Ejh2G6krD9p5vM62vk84isM
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