SilentNotary and ByteBall announce the partnership!
We are proud to announce a strategic partnership with ByteBall — a platform, using directed acyclic graph (DAG) rather than blockchain. This technology removes scalability limits common for blockchains and very important for SilentNotary users to certify the evidence in a cheap and fast way, which is especially important for IoT solutions.
In the framework of the partnership, we sell part of SilentNotary tokens on the ByteBall platform and use the promising DAG technology to certify the evidence, so SilentNotary users can choose the platform to certify their evidences.
Thus, we use the economic (platform capitalization of more than $ 450 million) and the technical potential of this remarkable platform.
Tokens released on the ByteBall platform will have the same value as the tokens of the Ethereum. Each released token on the ByteBall platform will be provided with a deposited ERC20 SNTR token. SilentNotary organizes the exchange of tokens among platforms with 1:1 ratio. Tokens released on the ByteBall platform have the same functionality as the ERC20 SNTR tokens, so they will be used for notarization on the ByteBall platform.
Parameters of multiplatform tokensale:
· Total (Ethereum and ByteBall) hardcap: $15M
· The reserve of ERC20 SNTR tokens for sale on the ByteBall platform is 35 billion (about 50% of the hardcap).
· Amount of tokens for sale on the ByteBall platform: 35 billion.
· The basis sale price is 1 GBYTE = 2 000 000 tokens.
· Discounts: 20% for 1st week, 15% - 2nd, 10% for 3rd and 5% for 4th weeks.
· Unsold tokens will be burned and the corresponding amount of ERC20 SNTR tokens will be released for sales.
· Our primary token sale will be continued afterwards on the Ethereum platform.
When the hardcap will be reached, the tokensale stops and all unsold tokens (from tokens for sale) are burned.
We are grateful to the ByteBall team and are confident that our partnership will bring great benefits to our projects.