Crowdsale
Our Vision for the Future: NITRO Token (NOX)
Pre-Sale
19 November to 23 November 2017
Crowdsale Date
01 December to 26 December 2017
Crowdsale Rate
1 ETH to 800 NOX (equivalent in BTC)
Currency Accepted at Crowdsale
Ether (ETH) and Bitcoin (BTC)
Pre-sale Incentives
30% bonus to Crowdsale rate Minimum quantity of 5 ETH is required
Crowdsale Early Incentives
First 24 hours – 25% bonus Subsequent 48 hours – 15% bonus
Max To Raise at Pre-Sale / Crowdsale
75,000 ETH (Nitro Team may consider an oversubscription of up to 85,000 ETH)
Feature
The underlying blockchain token that allows NOX holders to participate in the economy of the video-games industry. NOX will also be exchangeable to Nitro Dollar (NOD) , that is pegged at 1 NOD to 1 USD, and will be used as an in-game and incentive currency for the game-related transactions on Nitro Marketplace.
NOX Offer Format
Total Token Supply
120,000,000
Initial Token Distribution
Crowdsale — 60,000,000
NITRO Team — 7,200,000
Nitro Interactive Ltd — 6,000,000
iCandy — 3,000,000
Advisors — 1,200,000
Reserve — 42,600,000
* Crowdsale : Up to 60,000,000 NOX available for pre-sale and crowdsale (Target: to raise 75,000 ETH, but oversubscription of up to 85,000 ETH will be considered)
* Reserve : Tokens in Reserve are reserved for future issuance. The NITRO community will be notified of such future issuance if and when it takes place.
Proceed Distribution
Operations
Marketing
Platform Development
Funding Games
Working Capital
Escrow Arrangement
Proceeds from the crowdsale will be held in such manner till use: Up to 50% of the proceeds raised will be held as cryptocurrency (ETH), remaining proceeds will be converted into fiat currencies
Multisig wallet authorisation: NITRO’s wallet is a multisig wallet that requires at least 2 Directors of NITRO Team to authorise for operation.
Road Map
Crowdsale
Development
