Daneel’s application and services will be accessible only to users registered on the platform.Two types of subscription will be available : free and full.
Price of subscriptions and Payment
DAN tokens can be aquired:
– By investing during the Initial Coin Offering phase
– By buying tokens on the exange platforms that will trade DAN.
« Erosion » mecanism
Every time a user will pay for a subscription, a principle of “erosion” will be applied to the token and 6% of the total number of DAN will be burned.
Presentation of DAN tokens
Daneel (DAN) tokens will only be used to subscribe to the intelligent assistant service proposed by « Daneel Assistant Company ». The total supply of DANEEL tokens is limited to 100 000 000 tokens. DAN token is not a security nor a financial asset. It will not generate any revenue by itself. They will be exchanged on different exchange platforms as soon as they are available.
Duration and progression of the sales process
The sales process of DAN tokens will be carried out in two steps over December 2017 and January 2018. A presale phase (or pre-ICO): from 04 December 09h00 UTC to 08 December 2017 20h00 UTC. A sale phase: from January 29th 2018 09h00 UTC to March 5th 2018 20h00 UTC.
Price and condition of acquisition of DAN tokens
During the period of the DAN tokens sale, tokens will be available at the single rate of 0.25 EUROS (approx. 0.30 USD). The client will be able to acquire DAN tokens against other cryptocurrencies.
Exchange of tokens
By definition, tokens can be exchanged on different exchange platforms specializing in cryptocurrency. Discussions are open with the following platforms: Poloniex, HitBTC, Binance, and Livecoin.
Soft Cap and Hard Cap
– Minimum amount at which ICO will be considered as a success (soft cap): 2,000,000 DAN tokens
– Hard cap is fixed at 60,000,000 DAN tokens sold