Powered by the Ethereum platform, Bold (symbol: BOLD) is an ERC-20 Token built solely and purposely with a vision to become a widely-accepted medium of exchange, as well as a safe and straight-forward store of value over time. Simple. Uncomplicated.
Here's a quick explainer video to give you the 90 seconds wrap-up on BOLD:
SPECIFICATIONS
Name: Bold
Symbol: BOLD
Decimals: 8
Total Supply: 7,777,777
Total distribution (including Bold Rewards and Bounties): 85%
LIMITED SUPPLY
Only 7,777,777 BOLD tokens will ever exist. This low supply of tokens forms the basis of the token's potential to grow in value.
BOLD REWARDS
Holders of BOLD tokens who have a minimum 777 tokens on the 25th day of the month will receive a Bold Reward of 7% of their holdings.
Bold Rewards will be paid out until all tokens designated for the purpose are distributed.
TOKEN DISTRIBUTION
Airdrop distribution/available on exchanges: 60%.
Initial token distribution is via Airdrops.
Number of tokens per airdrop registrant Phase 1: 777
Total tokens distributed Phase 1: 1,554,000
Total tokens distributed after all airdrop phases: 4,662,000 (60%)
BOLD REWARDS
Get Rewarded for "holding" - How it works:
On the 25th day of each month, a snapshot will be taken of all addresses holding Bold tokens.
On the 28th day of each month, Bold Rewards will be awarded to all accounts with a balance of at least 777 Bold tokens at the time of the snapshot, if there has been no withdrawal of Bold tokens from that address in the previous 30 days.
Bold Rewards will be 7% of Bold token holdings at the time of the snapshot.
Amount of tokens set aside for Bold Rewards: 20% (BOLD Rewards Funds). This is equivalent to
BOLD Rewards will be 7% for as long as there are available tokens in the BOLD Rewards Fund, in any given month, to cover ALL qualifying accounts for that month.
In the event that, in any given month, the amount of tokens left in the BOLD Rewards Fund will not cover a reward of 7% to ALL qualifying holders, the reward will be reduced by 1%.
If this still does not go round, a further 1% reduction in the reward will be made and so on, until all qualifying accounts for that month get rewarded.
The BOLD Rewards program will end when there are no longer sufficient tokens in the BOLD Rewards Fund to go round all qualifying holders, even if the reward percentage has been reduced to 1%. At this point, a special airdrop will be carried to distribute the remaining tokens, under conditions determined and announced by the BOLD Development team.
Remember - to benefit from the rewards, you should keep your tokens in a non-exchange wallet, such as MEW, IMToken, Metamask or Ethereum wallet.
BOLD Rewards started in January 2018.
Ready to own some Bold?
Check out the new Bold Wallet!
To learn more about Bold, visit boldtoken.io
To buy Bold visit here
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