In this document, we describe the token sale specification.
To create the smart contract we used ICO Wizard. The smart contract code is Copyright 2017 TokenMarket Ltd.
The token sale is open for everybody. In the sale, we will provide 75% of all 50'000'000 Bitfair Token to the public. 60% will be offered in the Token Sale and 15% will be offered in the Pre-Sale.
There will be a bonus for Pre-Sale contributors and also in the first week of the Token Sale.
The smart contract will only mint as much token as needed.
60% are reserved to the token sale contributors 15% are reserved to the pre sale contributors 10% are sent to the foundation multisig wallet 5% are sent to the companies multisig wallet 5% are distributed to the advisors and partners 5% are distributed to all bounty campaign contributors
The token is fully compatible with ERC20 standard.
The tokens become transferable as soon as possible.