We have now started our pre-sale!
After feedback from the community, we have updated our pre-sale and airdrop conditions, and I would like to take this opportunity to share with you below the updated information.
Our next airdrop will be on the 11th of December, and anyone who holds TRYBE in their EOS account will share in the 10M TRYBE that we will be airdropping on that date. The more TRYBE you hold, the more you will receive. So if you hold 1% of all the TRYBE in circulation, you will receive 1% of the airdrop amount.
These airdrops WILL be given to people who purchase TRYBE in our pre-sale, but will not include Trybe.one founders (or Trybe main accounts). However, developers or other employees of Trybe.one who get paid in tokens WILL be eligible for airdrop bonuses. We will publish a full list of exempt accounts before the airdrop.
In 2019, we will hold 11 airdrops of 3M tokens each. These will start on the 1st of February, and then on the 1st of each month thereafter, and anyone who stakes their tokens for the entire previous month will be eligible to receive the airdrop based on how many tokens they stake.
Our pre-sale is now live! Please visit wallet.trybe.one to participate!
Any tokens purchased in the pre-sale will need to be staked until the 1st of July 2019, and after that you will only have access to 10% of the balance each month for 6 months. After 1st January 2020, they will all be fully available for transfer/sale.
All Trybe Founders will be staking our tokens as per the same conditions of the pre-sale. We are doing this to show the community that we believe in our project, and to protect the price of TRYBE on the open market.
Once the pre-sale has concluded, we will be starting our token sale. The terms of the token sale can be found in our whitepaper, but essentially it will work in a similar way to the EOS token sale. Each cycle (13 hours) we will be selling 400K tokens, and these will be distributed amongst the contributors for that cycle, with bonuses for the highest contributors and referrals.
We are expecting to start our token sale early next year, so by the time the pre-sale and founders tokens start to come out of staking, there will already be a large number of tokens on the open market (meaning the price will be less affected by the new tokens becoming available).
PROCEEDS OF PRE-SALE and TOKEN SALE
The proceeds of the pre-sale and token sale will be used to build a whole new software platform for Trybe.one. As many of you know, the existing platform is build using WordPress and was only ever meant to be a prototype. The next platform will be custom built, contain a whole range of awesome new features that the current platform doesn’t have (including mobile apps), and will be much faster and more scalable (up to hundreds of millions of users at any time). We are very excited about this next stage in our development, and we hope that you will support us (and benefit with us) as we move forward!
Thanks again for being part of the Trybe community 🙂