Token Sale and Use of Funds
Token Sale Infomation
Seed Sale Allocation
66,100,000 SIMPLI
Subject to a 12-month vesting schedule with equal vesting in months 1 to 12 started in Aug. 2021
Public Sale Allocation*
75,757,575 SIMPLI
Open for sale on Nov. 28-30, 2021 at 1pm (UTC)
Public Sale Price
$0.02/SIMPLI
Maximum personal allocation is 30BNB.
Public Sale Price
1 BNB / 29550 SIMPLI
BNB price $591 on Nov. 28, 2021 at 7:15am UTC
Liquidity Pool Allocation
24,242,425 SIMPLI
SIMPLI Liquidity Pool at PancakeSwap
DEX Price
$0.025/SIMPLI
*NOTE: Maximum number of the public sale allocation is 75,757,575 $SIMPLI and 40% of the fund raised will be used to create the Liquidity Pool at PancakeSwap.
Use of Funds
The total seed fund and 60% of the public sale raised will be used according to the allocations below:
● 65% Technical and business development (i.e. human resources of AI, Blockchain, Quant engineers and researchers, software and business developers, and partnership development)
● 15% Marketing (i.e. human resources of the marketing team, advertisement, communication materials, community building and supports)
● 10% Operations ((i.e. human resources of the operation and support team, utilities, server, and associated expenses)
● 10% Legal (i.e. human resources of the legal team and consultants)
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