Bittrex will be hosting the eBoost (EBST) Crowdfund Campaign. As a reminder, we are providing escrow for the development team. We are not endorsing this coin or any others on our exchange. Please do your own research before trading.
eBoost ANN - http://eboost.gg/ann/
Developed by Jim Blasko, Las Vegas, Nevada
Below are the full terms for the eBoost Crowdfunding campaign. These conditions will not change during the crowdfunding period.
- Bittrex will host 20 million coins at a first-day price of 4800 eBoost per BTC each. After that, the second-day price will drop to 4000 eBoost per BTC, and it will go down 25 EBST per day until it reaches a final-day price of 3000 EBST per BTC.
- The crowdfund will run for approximately 42 days beginning September 15, 2016 at 11:00:00 PST and ending on October 27, 2016 at 10:59:59 PST.
- The crowdfund must raise a minimum of 150 BTC to be considered a success.
- If success conditions are NOT met, all BTC will be refunded through a buy wall.
- Trading fees are not refunded under any circumstance.
- Any coins not sold by the end of the 42-day crowdsale, including any tokens sold during a 15-day presale, will be verifiably “burned” (destroyed by sending to a public address with no known private key).
- Of the remaining 80 million authorized coins, their uses and issuance will be as follows:
- 5 Million for Technology Build, Maintenance, Upgrades (1 Million Issued, then 83,333 per month for 48 months)
- 5 Million for Marketing, Business Development (1 Million Issued, then 83,333 per month for 48 months)
- 20 Million New Player Bounties & Incentives (based on signups at new user sites)
- 50 Million Long-term Issuance Based on Demand of Coin in Games (locked for four years, unless aftermarket price doubles, then issued over 10 years based on active demand from users)
- Once the crowdfund is over and successful, Bittrex will verify there is a working wallet, blockchain, and block explorer. The eBoost team has already created a genesis block, wallet and working blockchain for eBoost and Bittrex will distribute it.
- On or before 10/31/16 Bittrex will release the funds raised to the eBoost development team, and open the market for trading.
- No trading of the coin will be allowed until the crowdfund ends and escrow is released.
- ALL SALES ARE FINAL AND THERE WILL BE NO REFUNDS - by participating in this crowdfund, you are agreeing to the above terms.
While Bittrex does verify that the wallets, block explorer, and blockchain work immediately after the CFC period, we do not verify or endorse any claims the developer makes around their business model for the coin or that they will continue to maintain the code base. Before choosing to donate, the user must decide for themselves what level of risk they are willing to take.
We are mindful of scams, copyright violations, and offensive subjects and reserve the right to refuse any coin on our platform and cancel a CFC at any time