EMOTIONAL ROLLERCOASTER AT AVAX SALE
The newcomer Avalanche recently made headlines again. The planned token sale was paralyzed by a system overload at partner Tokensoft. The reason for the cancellation was a coordinated, highly sophisticated DDOS attack in connection with record-breaking rush.
Several thousand community members watched the events on Telegram live, hoping to get on the train first.
The Avalanche team is concerned and immediately responds to the demands of the community to close the customer verification until the postponed date.
Unfortunately, even scammers did not stop at copying entire telegram groups and offering fake sales (CAUTION IS REQUIRED).
For everyone who moves in crypto and looks beyond the top 10 assets, the upcoming or postponed AVAX token sale is likely to burn in the fingers.
Avalanche is a groundbreaking consensus protocol that sets new standards in terms of speed, decentralization and has set itself the task of revolutionizing Wall Street. It provides the infrastructure to serve as the underlying universal platform for financial networks and simplifies/speeds up any form of transaction.
The Denali test network was a complete success with over 1000 active validators and showed the potential that lies behind the new, highly scalable technology.
The AVAX token acts as the basic accounting unit in the Avalanche network. The token provides security, simplifies exchanges, pays for operation, and covers a wide range of utilities.
Token sales have been postponed from July 8 to July 15 at 10:00 a.m. ET (UTC-4) and will expire on July 22 at 10:00 a.m. ET (UTC-4)
Due to the high demand, there is now a holding pattern that allows participation in the fair sale.
The details of each option are as follows:
Public option A1 — [betting round number 2–1 years]. With this option, participants can purchase tokens for $ 0.50 / token using a 1-year vesting schedule with quarterly activation. This assignment follows the same conditions as the private sale. The maximum amount per person is $ 25,000.
Public option A2 — [round of betting №2–1.5 years]. This option allows participants to purchase tokens for $ 0.50 / token using a 1.5 year vesting schedule with quarterly activation. There is no maximum check size for this assignment.
Public option B — [No free movement, fully unlocked]. With this option, participants can buy tokens for $ 0.85 / token without bridging time. The purchase amount is limited to a maximum of USD 5,000 per person.
All options are offered at the same time and participants can purchase any combination of options. Unsold tokens from public option A1 and option B will be added to public option A2 on July 21 at 10 a.m.CET (UTC-4).
After 24 hours, on July 22nd at 10 a.m.CET (UTC-4), all unsold tokens from public A2 option will be absorbed by the community and the developer foundation.
Registration for the public sale of Avalanche (AVAX) will open again on July 15th at 10am
Right now registration of new accounts is closed. Will reopen again at the time of the public sale.
Registrier at: buy.avax.network
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