You may be surprised, and happy to learn that you have larger than expected allocations in the guaranteed round of our crowdsale. We have had significant participation in our Lottery Whitelist and Proof of Love from people residing in restricted countries such as USA, China, Korea, Iran and Syria. Unfortunately, we are unable to sell tokens to people that reside in these countries. We have therefore decided to reward everybody else who worked hard with larger allocations. We were very touched by all the effort you exerted, moved by your videos, articles and blog posts, and therefore, we feel this is the most equitable.
Any unsold tokens that remain from round 1 will be made available to round 2 and 3. Everybody is welcome to participate in round 2 and 3, all you have to do is complete KYC to be eligible.
Please note that KYC's are now being processed first come, first serve, and participation is not guaranteed. Therefore, we recommend completing KYC as soon as possible at the link above to get the best chance at participating.
It is reasonable to expect that some people will purchase less than their guaranteed allocation, and therefore we are confident that the sale will have a round 2.
Note that we will not, under any circumstance, exceed our hardcap of $5.7m. The Smart Contract will automatically reject any payments once we reach our hardcap.
The breakdown in the number of people who have can participate in round 1 is as follows:
| Allocation Size (ETH) | Participants |
|---|---|
| 25 | 24 |
| 15 | 58 |
| 5 | 719 |
| 3 | 2195 |
| 1 | 2204 |
Please note that we will peg SPRK to the price of ETH on Friday 6th July at 9am BST. Therefore, your guaranteed allocations are subject to slight change, as it depends on the ETH rate. However, we feel it is important for us to provide some guidance on allocation sizes as early as possible, so you have enough time to prepare for the crowdsale. Please keep an eye on your dashboard prior to the start of the sale for your final guaranteed allocation. We are also addressing some concerns from the community about miscalculations that may result in slight changes in the number of round 1 participants. Again, Sparkster will not, under any circumstance, exceed its hardcap of $5.7m.
Round 2 will make available any tokens that remain from round 1, with a maximum contribution limit of 20 ETH. Round 3 will make available any tokens that remain from round 2, but with a maximum contribution limit of 150 ETH. At the request of the community, we have eliminated the unlimited contribution round, to ensure that all tokens are held by our community, and not a small number of substantial holders.
Thank you very much for your continued interest and participation in the Sparkster community. We look forward to a very successful sale.