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

Last updated

Logo

© Polimec 2024.