DxChain Token Sale Registration has closed on July 27, 2018. Thank you all for your continued support and enthusiasm!

The public token sale will start around noon on August 2nd, 2018 (PST). Please stay tuned to the announcement of the final time. https://t.me/dxchainchannel

Now let’s shed some light on our whitelist and token sale rules!

Whitelist & Lottery Rules

There were 59,257 people applied for our token sale registration, and 26,109 of them passed the KYC/AML verification. As announced before, people who passed the KYC/AML and joined the official DxChain community groups before 7/27/2018 will get whitelisted. Ultimately, there are 16,703 participants eligible for being whitelisted (whitelist score >= 2).

A probabilistic approach is designed to provide supporters who really care and contribute to DxChain community more opportunities to get involved.

1. Each whitelisted participant can get a certain amount of lottery tickets, marked with his/ her lottery number.
   a) The lottery number is calculated by encrypting everyone’s KYC referral code using the secure hash algorithm SHA256, which ensures the privacy of personal data. (You can find out your own lottery number via the @dxchainbot.)
   b) The amount of lottery tickets you can get is determined by the whitelist score. (e.g.: if you have got the whitelist score 68, you will get 68 lottery tickets accordingly.)
   c) Each ticket has the same probability of being selected in the lottery. So the more the tickets (the higher the whitelist score), the higher the probability that you can win the lottery.

2. All whitelisted participants are sorted into 3 tiers according to the whitelist score, and 400, 1600 and 10,000 winners will be selected from Tier 1, 2 and 3 respectively via a 3-round lottery system.
   a) Lottery Round 1 will select 300 winners from 309 people in Tier 1 (score 59-123);
   b) Lottery Round 2 will select 1,000 winners from 1,259 people (1,250 people + 9 unselected Tier 1 participants) in Tier 2 (score 20-58);
   c) Lottery Round 3 will select 12,000 winners from 15,403 people (15,144 people + 259 unselected Tier 2 participants) in Tier 3 (score 2-19).
   d) Unselected participants in each round of the lottery will get carried over to the next tier lottery. (e.g.: if your whitelist score is 68, and you are not selected in Lottery Round 1, you will be joining Tier 2 - Lottery Round 2 automatically, and so on.)

3. Lottery winners are eligible for contributing to the project in the first 24 hours and will get corresponding bonuses. Please check the lottery result via the @dxchainbot.

4. Ultimately, unselected participants will not be able to participate in the first 24 hours of the token sale, but still be eligible for the second and third 24 hours on a first-come, first-served basis.

Token Sale Rules

Congrats to all lottery winners! You are able to contribute to DxChain during the first 24 hours. Please talk to the @dxchainbot and find your hard cap and bonus.

[IMPORTANT] All whitelisted participants are eligible for participating in the second and the third 24 hours token sale on a first-come, first-served basis, even if you fail in the lottery.

1. Our token sale smart contract only accepts payment from the registered ETH addresses of whitelisted participants.
2. Token sale smart contract address will be available for those whitelisted participants via @dxchainbot, as well as DxChain’s official News Channel. Please make sure the addresses match, and be aware of scammers.
3. The gas limit for transactions is 50 Gwei. Any transactions exceeding this threshold will be rejected.
4. We peg the average ETH/USD price during our token sale period (7/10 ~ 7/30): $459.12 (Etherscan).
5. Total hard cap according to the pegged ETH price:
   a. The total hard cap is $4,000,000 / $459.12 ≈ 8,713 ETH.
   b. Total DX for sale ≈ 2,945,910,686 DX.
   c. DX : ETH = $459.12 / $ 0.0014 ≈ 327,943.
   d. The average price for public token sale: 1 ETH ≈ 338,105 DX
6. The token sale will automatically finish if either the total hard cap is reached, or the pre-configured time is up (24 hours after the starting time for each round).
7. Minimum contribution for each participant is 0.01 ETH.
8. Personal hard cap:
   a) For the first 24 hours, the hard cap differs depending on the lottery results.
   b) For the second 24 hours, the personal hard cap starts from 0.5 ETH for the first 12-hour, and will quadruple every 2 hours afterwards.

NOTICE

1. Token sale smart contract address will be available for those whitelisted participants via @dxchainbot, as well as DxChain’s official News Channel. Please make sure the addresses match, and be aware of scammers.
2. DxChain’s authorized admins will NEVER ask anyone to send ETH to any wallets. Don’t give your ETH away in private message.