Know More About NTOK ICO Sale Details | Management Of Proceeds Of N...

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NTOK ICO? Check Details Of NTOK ICO Sale

In the last article, we had come to know details related to the NTOK ICO apart from understanding use of an online form of education minus any kind of middlemen. And it is about time that you understood facts behind NTOK ICO as these details shall take you a step closer to the world of digital learning via crypto currency. You can now continue reading to know in detail as to what does this ICO tells us -

->NTOK’s pre - sale of tokens would be held only from 5th December 2017 to the 1st of March 2018.

->In this pre - sale, there is going to be minimum purchase limit as it is only then that any person can buy tokens.

->In addition, NTOK tokens are valued at $ 1.00 (that is for one NTOK token).

->NTOK’s public sale of tokens is slated to begin on the 1st of March 2018 with it is going be ending on 31st March 2018.

Note On ICO Sale Of NTOK Tokens

There are also chances of providing extra bonuses but it is only for the pre - sale. While as for the public sale period of ICO then you remember one of the most important factors and it is that there are chances for it being extended a bit more. However, it might be possible only if the situation demands.

Further, distribution of the NTOK Tokens shall be held in weeks from the time ICO has ended or may be before that as well. You, as a member of NTOK must keep it mind that distribution of tokens solely depends on the situation at the end of ICO.

If you wish to know the price of tokens then here you remember that initial price of one NTOK token is $ 1. 00 (this is only for the first week of the sale) whereas in the following weeks there is going to be a slight increase in the amount for every NTOK token bought by the customer. So you can tell that for the first week, it will be $ 1. 00 followed by $ 1. 05 for second week while $ 1. 10 is for the third week. In the same way, fourth week sees another increase with the value going up to $ 1. 15 with fifth week being at $ 1. 20.

Further Use Of Proceeds From The Sale Of NTOK Tokens

->Out of the 100 % of tokens, 35 % of tokens have been allotted to the product which is inclusive of platform development, localization of different languages as well as countries and blockchain development.

->Besides platform development and introduction of various new courses are part of the plan.

->Another 25 % of tokens will be allotted to Operations that is inclusive of the ICO expenses, reserves or any other similar provision.

->The left over (percentage of tokens) which accounts to major portion and is in the lead is 40 %.

->This percentage has already been given to the Marketing and the Sales Department because it is this department who shall be responsible for over - all expansion of NTOK in not only countries but also in the number of courses being offered.