TAKE Token distribution Announcement, December 28, 2020
We are pleased to announce that a TAKE Token distribution will begin on the 28th of December 2020.
The Hard Cap is 1,000 ETH and 200,000 TAKE
End Price: 0.01 ETH per TAKE or at the last price bonding curve.
The Bonding Curve sale will take place for a period of 7 days. If there are any unsold tokens, these tokens will be burned permanently
As the bonding curve sale is completed, Take will be listed on Uniswap V2 to provide liquidity for our token holders ahead of further plans later in the month. Uniswap V2 starting token price will be 0.01 ETH per TAKE or at the last price bonding curve
The smart contract token address will be posted at a further date.
At a further date, TAKE will be listed with one exchange being given exclusivity for a period of time as our main CEX listing partner.
We invited Bramah Systems, LLC to provide an external, independent audit of the smart contracts. We congratulate Bramah Systems for their professional approach in their critical reporting and their willingness to engage in in-depth discussions on what is the right solution for each issue raised.
TAKE Token Sale Distribution
The total number of TAKE issued will be 1,000,000 tokens.
Of the total 1,000,000 tokens, only 200,000 (20%) will be open for public sale, and 800,000 (80%) TAKE will remean. The use of the 800,000 TAKE is as following:
- 500,000 (20%): held by the TAKE issuer (lock-up for period of one month and will extend before the end ) to provide as reward to TAKE app participants
- 220,000 (22%): reserved to Take App to Dev Fund (lock-up for period of two 2 years)
- 70,000 TAKE (7%): will move to Uniswap pool
- 10,000 TAKE (1%): Airdrop and Marketing purposes
US residents are not allowed to participate!