In Tolar sale phases, there are private sale, pre-ico and ico phase. The projects are now in Presale until the 31. August 2018 and the ico will start at September 15, 2018 (14:00 GMT) and it will end at September 20, 2018 (14:00 GMT), or before provided hard cap (which is 45,000 ETH for 35% of tokens for sale) is reached. The ICO price for all contributions is 0.000145055 ETH per TOL. The Hard cap amount 45,000 ETH is needed because this platform wants to globally scale HashNET with different solutions for enterprises and governments. Also, they want to position Tolar HashNET at the top of all DLTs. On the other hand, the competition is fierce and they have much more money than 45,000 ETH.
The Token name of this platform is Tolar (TOL) with Hard cap of 45,000 ETH as stated above and the TOL generated is 1.000.000.000 with Private sale of 0.000120879 ETH per TOL; Pre Sale is 0.000131868 ETH per TOL; ICO is 0.000145055 ETH per TOL; and it is ERC-20. The Private sale minimum is 50 ETH for individuals and 1000 ETH for pools while the minimum public presale contribution is 10 ETH.
The Token allocation include 35% is for token Sales; 32% for Tolar Development Fund; 8% for Proof of Stake Network Start Nodes; 20% for Founders; 2.5% for Developers; and 2.5% goes to Advisors. There is generally no lock on main tokens while 3 months lock for bonus tokens and 24 months lock for team token.
The bonuses for contributions and the prices in ETH for presale include; for the contributions of more than 50 ETH price is 0.000120879 ETH per TOL (there is 20% bonus included in price); also for contributions between 10-49 ETH price is 0.000131868 ETH per TOL (there is 10% bonus included in price); and for the contributions between 1-9 ETH – price is 0.000145055 ETH per TOL.
The journey of HashNET began on February 2017 when TOLAR project was founded and funding received and executive group established followed by the Rovinj Initial network development and the first cryptocurrency experiments conducted in 2017. Presently, the project is in the phase of finalizing the version of HashNET whitepaper, the developers’ demonstration of HashNET, Pre-ICO, ICO and the exchange listing. The development of tenders and budget plans are available to all Tolar holders. The decentralisation and governance process that allows voters to vote on future network developments is a good criterion for selection to vote.
Conclusively, HashNet is infrastructure project that will allow people to build dApps while Tolar community governed crypto-currency featuring scalable, fast, secure, and fair transactions.
For details information about Tolar, it is important to check their various links and channels indicated below:
Website: https://www.tolar.io/
Whitepaper: https://www.tolar.io/documents/
Join on Telegram: https://t.me/TolarHashNET
Follow on Twitter: https://twitter.com/TolarHashNET
Follow on Facebook: https://www.facebook.com/TolarHashNET/
Follow on YouTube: https://www.youtube.com/channel/UCL8ksEpe6um71pcdPi6wpXQ
Follow on LinkedIn: https://www.linkedin.com/company/tolar-io/
NB: Most of the picture diagrams displayed in this write up are obtained from official site of Tolar.
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