En-Tan-Mo (ETM) IEO (Premium Token Sale) on OKex Jumpstart
Next generation blockchain based on Nash equilibrium and the idea of value transferEn-Tan-Mo (ETM)
En-Tan-Mo (ETM) IEO (Premium Token Sale) on OKex Jumpstart
Next generation blockchain based on Nash equilibrium and the idea of value transfer
Session (2), En-Tan-Mo Premium Token Sale
Start Time2019-06-10 00:00 (GMT-4)2019-06-10 04:00 (UTC)End Time2019-06-10 01:10 (GMT-4)2019-06-10 05:10 (UTC)
En-Tan-Mo IEO Sale Rule
The subscription-allotment process will continue to be implemented on OK Jumpstart. However, a 2nd Subscription Session will be added to the token sale. The token sale will follow the procedure of subscription > allotment > result announcement, and only OKB holders can participate in the sale. Participation steps are as follows:
Step 1: Prepare and Hold OKB
- OKB is the only token accepted for subscription and settlement.
- To be eligible to participate in the 2nd token sale, you are required to have a minimum of 500 OKB for your 15-day Average OKB Holding Amount. The more the OKB you hold, the greater the allotment you can get (details below). Your account will be snapshotted daily at a random time (starting Apr 25, HKT).
- From the 3rd token sale and onwards, you are required to have a minimum of 500 OKB for your 30-day Average OKB Holding Amount for participation.
- The individual cap of subscription will be announced prior to the token sale.
Step 2: Subscribe (2 Sessions available)
- 1st Session:Over-subscription limit Session time limit is 10 minutes. However, the session will end early once the over-subscription limit is reached.
- 2nd Session: NO over-subscription limit. Session time limit is 10 minutes. Users who subscribe successfully within this time frame will get an allotment.
- Allotment calculation and result announcement follow after each session ends. The token allocation for the 1st and 2nd sessions will be made known in each round’s token sale announcement.
Step 3: Allotment
- Once the allotment calculation is done, tokens will be credited to users’ OKEx Assets Account and the corresponding amount of OKB will be deducted. Any OKB on hold for unallotted subscription will be released.
- Allotment for the 1st session will be carried out before the 2nd session The OKB on hold for unallotted subscription in the 1st session will be released and can be used for the 2nd session.
- Minimum threshold for participating in 2nd token sale: 15-day Average Holding Amount ≥ 500 OKB
- For maximum allotment, a user will have to reach ≥ 2,500 OKB for the 15-day Average Holding Amount. An allotment coefficient mechanism is adopted. Details are listed in the later part of this announcement.
- If your OKB holding amount decreases or you stop holding OKB during the 15-day period, you may consider buying back a large amount of OKB before the token sale’s last random snapshot time to reach the participation threshold.
All projects launched on OK Jumpstart will be supported by OKEx and its global partners:
- The project listed on OKEx will be launched with trading pair(s) against OKB, BTC, ETH, and USDT. At least one of these trading pairs will be launched on the subscription day.
- If the project matches the compliance and other requirements of OKEx’s partners, OKEx may refer the project to fiat-exchanges, such as OKCoin Korea and OKCoin.com, which may offer priority listing opportunities to the project.
III. Risk Warning
- Trading digital assets involves significant risk and can result in the loss of your invested capital. You should ensure that you fully understand the risk involved and take into consideration your level of experience, investment objectives and seek independent financial advice if necessary. This announcement and any other information on OKEx are not to be regarded as investment advice. OKEx is not responsible for any losses generated by using the information thereof.
- Any individual who tampers or attempts to tamper with the process or the operations of the subscription will be disqualified from OK Jumpstart.
- In case of dispute, OK Jumpstart reserves the final right of decision.
IV. Subscription Rules
1. Allotment Coefficient
The allotment of each user is determined by the allotment coefficient, which is based on the user’s Average OKB Holding Amount. In a nutshell, the more the Average OKB Holding Amount you have, the higher the allotment coefficient you will get, and the greater the allotment you will receive.
2. Allotment Formula
Both the 1st and 2nd sessions will follow the same allotment formula below:
When the token sale opens, user A, B, C, and D wish to participate in the subscription sessions. Let’s assume their Average OKB Holding Amounts are: A = 500, B = 1,000, C = 3,000, D = 200. According to the table above, the allotment coefficient of user A, B, C, and D will be 1, 2, 5, and 0 respectively. Since the allotment coefficient of user D is 0, he is not eligible for the subscription.
We further assume that the session supply is 300 tokens, and the subscription amount user A, B, and C entered are 800, 300, and 400 respectively. The allotment will be as follows:
- ETM/USDT Market: 11:00 June 10, 2019 (CEST, UTC+2)
- ETM/USDK Market: 11:00 June 10, 2019 (CEST, UTC+2)
En-Tan-Mo (ETM) Information, Team, Advisor, Report & Whitepaper
IntroductionEn-Tan-Mo is not only a blockchain-based platform, an operating system with the capacity to carry hundreds of millions of users, but also an ecosystem that connects finance, energy, business and people’s lives and a next-generation Internet platform for free value transfer.
Blockchain driver, the way to convert the lower blockchain protocol to the En-Tan-Mo central chain is easier to use. Providing users with sufficient security protection. Decentralized applications that support millions of TPS open up the entire blockchain ecosystem. Value Internet of the new generation of low-cost and high-efficiency DApp.
Prof. Thomas Sargent
Nobel Prize awarded for Economics
Professor Thomas J.Sargent, a senior fellow at the Hoover Institution, was rewarded the 2011 Nobel Prize in Economics. As one of the leaders of rational expectation revolution, he has made great contribution to the establishment and evolution of the new classical macroeconomics.Professor Sargent now serves as a senior advisor at En-Tan-Mo Foundation and provides economic instructions and advices for the En-Tan-Mo project.Built on game theory and distributed system, En-Tan-Mo’s consensus mechanism and equilibrium economic framework have fully incorporated and applied Professor Sargent’s thoughts, including the macroeconomic forecasting model and the dynamic macroeconomic theory based on time series analysis.Professor Sargent pointed out that, “ETM is pressing the frontier forward by completely understanding the best blockchain technology that exists today but finding problems even in the best blockchain technologies.
Sheldon Lee Glashow
Nobel Prize awarded for Physicist
Professor Sheldon Glashow is a world-renowned theoretical physicist and a senior fellow at American National Academy of Science. He won the Nobel Prize in Physics in 1979 and now serves as a senior advisor at En-Tan-Mo Foundation.Professor Glashow has devoted his career to the study of basic particles and quantum field theory. He is one of the founders of the standard model of particle physics and the pioneer of the grand unified theory. He successfully predicted the existence of neutral currents, charm quarks and charm particles, earning a high reputation in the world physics circle. Professor Glashow observed, “The blockchain revolution that was invented about ten years ago led to the creation of cryptocurrencies. Many of them…En-Tan-Mo blockchain intends to address these challenge with a remarkable consortium of scholars. Using the blockchain technology, En-Tan-Mo can and will enable secure peer-to-peer transmission of financial instruments and information, thus providing the essentials that the internet lacks, absolute privacy on the one hand and permanent record-keeping on the other.”
En-Tan-Mo (ETM) Token Economics, Distribution & Fund Allocation
Total Token Supply500,000,000 ETM
Discuss, Comments & Talk
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