Token sale start dates
Pre-crowdsale: 1st of December 2017 - 31st of January 2018
Registration for Phase I: starting May 1 2018
Phase I: 1st of May 2018 - 31st of May 2018 (up to 25% bonus)
Phase II: 1st of June 2018 - 15th of June 2018
For more information see token sale phases
Team & founder vesting
Vesting ensures long-term alignment of interests and is standard for any serious project. All founders and team members will have a 3 year vesting schedule with a 6 month cliff. This means one-sixth of the tokens will be matured every 6 months.
Unsold VLT tokens
VLT tokens that are not sold through the token sale smart contract will be burned after Phase II of the token sale.
Partnerships with respected companies such as Validity Labs and ChainSecurity will ensure the security of the token sale and funds.
Preregistration and KYC
Registration for Phase I of the public token sale will begin on May 1 2018. Registration and KYC procedures will be mandatory for all participants.
Citizens and residents of the United States, China, and Singapore will be unable to participate in the VLT token sale.
Instructions for participation and Ethereum contribution addresses will only be communicated on the VLT token sale dashboard.
Bounties and referrals
Bounty program: The VLT token sale will include an extensive bounty program which will be announced in April 2018.
Referral program: After registering contributors will receive a referral code that they can pass along to their friends. Referrals will grant 5% of all referred contributions.