Due to some of the decisions we made of the relaunch of the Embermine (EMB) Token Sale, we have made some adjustments to the parameters of the sale to reflect parties decisions. Please see the information carefully and feel free to ask us if you have Any questions, or desire additional information.
Token Sale Starting Time: 5:00 pm UTC / 12 Noon US Central Standard Time, May 5th, 2017
Token Sale Ending Time: 5:00 pm UTC / 12 Noon US Central Standard Time, June 2nd, 2017
Accepted Currency: Bitcoin (BTC)
Embermine is a smart contract platform designed to allow content Creators to find Collaborators to assist in the development of their Projects, as well as providing management and distribution tools for their creative projects. The Embermine project is one part share share and payments engine, part content Distribution network, part collaborative project management platform, and part social media network
Ember is required to create the unique User account on the network, and is later removed from circulation. The Embermine Tokens (EMB): Used to stake nodes in a proof-of-stake consensus process.
Spark: Used to correspond transactions on the network. It is a form of payment for goods and services. Sparks are intended rough equivalent to $ 1 USD each. They are liquid and can be withdrawn by Users at anytime through the bitShares DEX or use of Partner debit card services.
Heat: used as a measure of User activity within open projects, Collaborator reputation, and content quality. We are a party of "energy" used to execute activities and interactions between users, such as collaborations and the establishment of new projects.
Ember (EMB) Token Details
Role of token:
Voting, Block Creation, and Platform Access
Distributed in ICO:
85% of all Generated Embers (127.5 million Maximum)
6% Developer, Employee, and Early Supporter Distribution Pool (6 month Time-lock from Sale Ending Date)
5% Reserved for Marketing and Advertising During and After Sale
4% Open Source Development and Bug Bounty Rewards
Remainder EMB cap will be distributed in proportion to Embers which are used and removed from circulation.
Delegated Proof-of-Stake protocol basis upon the Graphene blockchain
May 5 2017 to June 2nd 2017
Pricing / Bonus:
Pre-Order (8am CST - 10am CST May 5th): .000025 ETC per EMB
First Day: .00003 ETC per EMB / 33,333 EMB per ETC
Rest of Sale: .00004 ETC per EMB / 25,000 EMB per ETC
Token distribution date:
Dstributed within 24 hours of Sale Close
Minimum investment goal:
Maximum investment cap:
How are branches held:
Escrow services provided by Coinfirm.Io in a multi-sig wallet with Mikko Ohtamma of TokenMarket and James Drake of Embermine, Inc.