BAT Sale Overview and How to Participate
We are providing a summation of the Basic Attention Token sale details along with instructions on how to participate.
- We are targeting sale proceeds of as much as 156,250 ETH and a cap of 1.5 billion tokens. We do not plan to have a follow-on sale.
- A cap of 1.5 billion tokens is targeted. The distribution at the cap level is as follows:
- Tokens for token sale: 1 billion
- User growth pool: 300 million
- BAT development pool: 200 million
- The token sale code can be found here.
- Symbol: BAT
- ETH to BAT exchange rate: To be published when contract is deployed on mainnet approximately 2 days before the sale.
- Type of token: ERC20 token
- Time to receive BAT: As soon as you send ETH to the contract address with the correct parameters you will receive BAT.
- Transferability: Tokens are transferable as soon as they are in your possession. There is no lockup period except for the tokens issued to the BAT development pool.
Token sale start time
- The BAT sale will start on May 31, 2017, at approximately 8 am PDT / 3 pm GMT / 11 pm CT-China.
- The sale of BAT will begin at the time that mining commences on Ethereum block 3,798,640 and continue until the time that 156,250 Ether has been received or mining commences on Ethereum block 3,963,480, whichever is earlier.
How to participate
Purchasing BAT requires an existing Ethereum Wallet. Your Ethereum wallet balance must be high enough to cover the cost of your desired BAT purchase plus the small, associated transaction fees.
Ethereum wallets can be created and managed using several methods.
Popular methods include using a Mist Wallet or MyEtherWallet to participate in the tokens sales. Instructions on how to participate can be found here:
Buyers based in China may use imToken. We offer it only as an option and are not recommending it over any other available method.
A few things to be aware of when participating in the token sale:
- Do not send ETH before the starting blocknumber or the transaction will be rejected.
- Only send Ether to the smart contract address specified on the basicattentiontoken.org website.
- Ether sent after the close of sale will be rejected and refunded.
If you need assistance during the sale or if you have any questions before the sale, please reach out to us on Slack or through our WeChat groups by contacting Crypto_Community.
另外，请不要在测试网中使用真的ETH! 你会丢失你的ETH, 没有任何办法来找回丢失的币！
The Basic Attention Token is the new token for the digital advertising industry. It pays publishers for their content and users for their attention, while providing advertisers with more in return for their ads.