4th Pillar platform utility token – FOUR
We took the transparent, blockchain way. Our FOUR token will be here to permanently serve you as 100% utility token. FOUR token provides access to professional identity verification-related services and serves as main value and gas in a decentralized, token-based ecosystem. FOUR token also represents a unit on the network. The bigger the network grows the more utility in the token. Designed and embedded in the blockchain infrastructure, it can serve as a very important part in the blockchain and be a valuable addition to its ecosystem. As the number of tokens is fixed, there could not be any inflation effect. As the adoption of the 4th Pillar network and FOUR token transaction volumes within grows, this creates and drives further demand for the FOUR tokens. FOUR token will be used on the 4th Pillar platform:
1. AS MAIN COMPONENT OF 4TH PILLAR ECONOMY
2. FOR PLATFORM USAGE
3. FOR COMMUNITY INCENTIVES AND REWARDS
4. A B-TO-B PAYMENT METHOD AND SUBSCRIPTION
5. AS MAIN REVENUE MECHANISM
- 152,000,000 (38%) FOUR tokens are intended for public sale
- 152,000,000 (38%) FOUR tokens will form the 4th Pillar vault. The 4th Pillar vault will be a valuable part of the 4th Pillar ecosystem, key essential for system operation and a source for B-to-B FOUR token sales. For easier and quicker platform adoption, 4th Pillar vault will sell FOUR tokens to organizations in EUROs at market price.
- 50,000,000 (12.5%) FOUR tokens are held by the founders and the team, but VESTED for a period of 12 months and gradually released monthly according to the 12-month cliff plan.
- 29,000,000 (7.25%) FOUR tokens are intended for the advisors, but VESTED for a period of 12 months and gradually released monthly according to the 12-month cliff plan.
- 10,000,000 (2.5%) FOUR tokens go to the contributors, who helping with the project.
- 7,000,000 (1.75%) FOUR tokens are reserved for the bounty. Bounty tokens will be distributed for community building and sales incentives for pre-sale contributors.
- TGE EVENT: Tokens will be generated before CROWDSALE
- TOKEN SYMBOL: FOUR
- BLOCKCHAIN: Ethereum
- MAX NUMBER OF FOUR TOKENS ISSUED: 400,000,000 (100%)
- FOUR TOKENS DISTRIBUTED IN THE PUBLIC SALE: 152,000,000 (38%)
- DECIMALS: 18
- INITIAL VALUE: 1 ETH = 7500 FOUR
- TOKEN STANDARD: ERC-20
- EARLY CONTRIBUTION:
Start date: January 20, 2018 – end date: May 12, 2018 (minimum contribution per KYC 20 ETH) – KYC approach with 50% bonus.
- CROWD PRE-SALE:
Start date: May 12, 2018 – end date: June 9, 2018 (minimum contribution per KYC 1 ETH) – whitelist and KYC approach with 30% bonus.
Start date: TBA – whitelist & KYC approach with 10% bonus, valid only first 24 hours of the crowdsale!
- TOKEN DISTRIBUTION:
start on CROWDSALE and continuously during CROWDSALE phase.
- PREFERRED WALLET AND ETH ADRESS:
My Ether Wallet
- SOFT CAP: 2,000,000 €
- HARD CAP: 12,000,000 €
- CURRENCIES ACCEPTED: ETH and ALT coins (i.e. 80+ ALT Coins will be accepted via bestrate.org)
- PUBLIC TRADING:
FOUR tokens will be publicly traded on the major cryptocurrency exchanges and available to new users. Contributors will be able to sell the FOUR tokens after CROWDSALE completion.
- THE 4TH PILLAR VAULT:
The 4th Pillar vault will receive 152,000.000 FOUR tokens in the process of the token creation event. It will play a valuable part in the 4th Pillar ecosystem by regulating and balancing the FOUR token economy. Moreover, the vault will be a key essential for system operations and local/international crypto payment execution. For easier and quicker platform adoption, the vault will sell FOUR tokens to organizations in EUROs at market price.
- 4TH PILLAR PLATFORM: The 4th Pillar platform scaling, adoption and new users will create a steady demand for FOUR token.