BEATs will be listed on major exchanges around the world. By solving a real world problem for a global industry, expertly introduced in a core market with significant scalability, using a ‘live’ working platform, managed by an exceptional team, i will confident of generating major publicity, awareness and high trading volumes.
BEAT Token: Ethereum ERC-20. 230,000,000,000 tokens. 60% will be earned over 20 years via sports activities. ICO – Price: 1 BEAT = 0.01 EUR
BEAT will comply with the ERC20 standard and will be freely transferable on the Ethereum blockchain. Ethereum was the natural choice for this project due to its wide adoption and industry standard for issuing custom digital assets. The compatibility with the ERC20 standard leverages the existing infrastructure advantages of the Ethereum ecosystem, namely in terms of development tools, wallets, exchanges, and human resource expertise.
The BEAT tokens are intended to be allocated as follows:
– 23,000,000,000 BEAT (10%) to be sold by the company to crowdsale purchasers (2,500,000,000 in Pre-ICO. 20,500,000,000 during ICO).
– 17,250,000,000 BEAT (7,5%) reserved for bonus payments in Pre-ICO and early ICO stages, and to incentivize the community, beta testers, referral programs, bounty campaigns, advisors, etc.
– 138,000,000,000 BEAT (60%) will be used as rewards for doing sports in the future.
– 46,000,000,000 BEAT (20%) used to build up and maintain the Beat foundation.
– 5,750,000,000 BEAT (2,5%) reserved for the founders as well as current and future team members and advisors
Token Bonus Structure
During the BEAT token Pre-ICO that runs from January 23rd, 2018 to February 20th, 2018, a 100% bonus in BEAT Tokens will be added as long as not all 2,500,000,000 BEAT tokens have been sold. During the BEAT token ICO, running from February 20th, 2018 to May 15th, 2018 all buyers of the next 4,000,000,000 BEAT tokens receive 75% bonus BEAT. The next 7,000,000,000 BEAT tokens thereafter receive still 50% bonus BEAT. All buyers of the remaining amount of 9,500,000,000 BEAT tokens for sale will still receive a 25%.
Pay with BEATs
Earned and traded by millions of people doing sports, BEATs will have a monetary value from the very beginning of the issuance. A prson can use BEATs to pay for goods and services in an ever growing and exciting ecosystem. Or a person just hold on to BEATs and watch the value increase in line with the expansion of the usage and number of participants. BEATs are earned by doing physical activity and is the fuel for the ecosystem. With the strong partner ecosystem, BEAT will be the driving utility token between sports providers, customers and athletes, and the sports industry.