Funding Application
Contribution Token Registration
Once an issuer is credentialed, the issuer applies for the registration of a new contribution token by specifying the following parameters:
Token information:
Name
Ticker
Smallest denomination
Total allocation of contribution tokens available for the funding round
Minimum price per contribution token
Target funding amount in USD equivalent
Maximum and/or minimum ticket size
Maximum and/or minimum number of participants for the auction and community round
Funding round thresholds for retail, professional, and institutional participants
Participation currencies (e.g. stablecoins, DOT, KSM)
Issuer destination accounts for accepted participation currencies (for receiving contributions)
Calculation Example
This example, along with the numbers presented in other chapters, has been randomly generated solely for illustrative purposes.
Example of contribution token registration:
Contribution Token Registration Parameters | Example |
---|---|
Name | Nexa |
Ticker | NXTK |
Smallest Denomination (of PLMC) | 0.0000000001 |
Total Allocation of Contribution Tokens Available for the Funding Round | 100,000 |
Minimum Price per Contribution Token (in USD) | 10 |
Target Funding Amount in USD Equivalent | 1,000,000 |
Maximum and/or Minimum Ticket Size | N/A |
Maximum and/or Minimum Number of Participants for the Auction and Community Round | N/A |
Funding Round Thresholds for Retail, Professional, and Institutional Participants | Auction Round: 50%, i.e. 50,000 Contribution Tokens Community Round: 50%, i.e. 50,000 Contribution Tokens |
Participation Currencies (e.g. Stablecoins, DOT, KSM) | USDT |
Issuer Destination Account for Accepted Participations Currencies (for Receiving Contributions) | N/A |
Project Information
The issuer provides project-specific information to the community, encouraging evaluators and participants to contribute. To give a comparable information basis for all stakeholders to perform due diligence, submitting the following information is mandatory:
Whitepaper
Team description
Tokenomics
Total supply of mainnet tokens
Roadmap (next 12-36 months)
Usage of funds
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