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How to participate in the Taraxa token offering?

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Tara tokens will be publicly offered on the TokenSoft platform on March 12.

In the previous release of Rhythm BlockbeatsWhat's the imagination of protocolized DocuSign?In this article, Marinate, a daily protocol tracking platform based on Taraxa network, attracted a lot of readers' attention.

Officially, Taraxa will launch its public offering of Taraxa tokens on March 12, so how do you get involved?

What is Taraxa?

Taraxa built the first layer of the network using DAG technology and PBFT consensus based on VRF random number verification, aiming to provide third-party audit for customers using blockchain model.

In the Internet of Things space, Taraxa has worked with Japan's largest arcade rental company to address cases where rental users misrepresent their data. When the Japanese leasing company, which relies on profit sharing from leasing customers for its profits, began to expand its business around the world, it found that data in overseas markets were heavily falsified. Taraxa offers a solution that, through a combination of blockchain and Internet of Things technology, each arcade will have a separate ID and the data from each arcade will be uploaded to the chain. Because on-chain data cannot be tampered with, leasing companies do not need to trust them to obtain accurate profit data.

In terms of disordered information, Taraxa's Marinate platform aims to solve the problem of disordered information in unstructured information. In daily life and work, too much information needs to be received and released. Disordered information directly leads to chaos and controversy, which is particularly obvious in the cooperation between different teams. Although there are collaboration tools, it is not mandatory to use the same tools for all cooperation. The information that passes between different tools is lost, forgotten, or delayed, but in fact these can be solved by the way of blockchain recording.

Tara tokens went public

Registration for the Tara token public offering began at 10:00 on March 5, Beijing time, and KYC (authentication) was initiated. Users need to complete KYC before the token public offering.

At 10:00 on March 12, Beijing time, the public offering of Tara tokens was officially launched on the TokenSoft platform. The total number of Tara tokens was 10 billion, and the supply of this token offering was 375 million Tara, accounting for 3.75% of the total. Users can choose two cryptocurrencies to participate in the TARA issuance, namely ETH and USDT.

Taraxa officially offers investors three investment plans for different types of investors to choose from, each with a starting investment amount of $1,000, but the difference between the different plans is that the token price is different, the unlock period is different.

Investment Plan A: The TARA quota of this program is 250 million. In this scheme, each Tara token is issued at a price of $0.008, with a minimum participation of $1,000 and a ceiling of $250,000. In this scheme, 10% of the tokens will be unlocked after the launch of the trading platform, and the remaining 90% will be unlocked over six quarters.

Investment Plan B: The quota for this Plan is 100 million Taras. In this Plan, the issuing price of each Tara token is $0.01, and the minimum amount of investor participation is $1,000 and the maximum amount is $50,000. In this scheme investment, 10% of the tokens will be unlocked after the launch of the trading platform, and the remaining 90% will be unlocked over four quarters.

Investment Scheme C: The quota of TARA in this scheme is 25 million. In this scheme, the issuing price of each TARA token is 0.012 US dollars, and the investor participation amount is only 1000 US dollars. In the investment of this scheme, all tokens will be unlocked on the online trading platform, that is, after starting the transaction, without locking the position.

It is important to note that all three investment options require investors to complete KYC before they can participate. And in Investment Plan C, the investor not only needs KYC, but also needs to get whitelist. Whitelisting is referred to in Taraxa communityParticipate in the credits activity and get 1000 TARA credits to have a whitelist. One account has only one whitelist. Whitelist users have the priority to grab the token quota of Investment Plan C. Tara points in the community can be exchanged for TARA tokens 1:1 on the Taraxa.

Investors can choose to participate in only one solution, or multiple solutions at the same time to participate in A portfolio investment, such as the investor plans to spend $20000 to participate in TARA tokens, public offerings, and select A + C project investment, can use $19000 to participate in the plan A, C $1000 to participate in the program, if successful, can obtain 2.375 million + 83330 tokens, of which 237500 * (237.5 10%) and 83330 tokens can unlock after start the transaction, The remaining 2,137,500 tokens will be unlocked over six quarters.

Tara Token Model

Tara tokens for use

TARA availability consists of two main components: network transactions and verification nodes.

Holders can use TARA to pay transaction fees, which will become revenue for the node.

Holders could also use TARA to make staking as a Taraxa network node, so that the network is safe.

Tara token distribution

Tara tokens total 10 billion pieces, divided into 6 share parts, seed round investors 900 million pieces, accounting for 9%; Private investors 1.51 billion pieces, accounting for 15.1%; Public offerings of tokens accounted for 3.8%; Team 15%; Foundation 2 billion, accounting for 20%, finally community and ecology accounted for the largest proportion, accounting for 37.1%.

Different coin-holding groups have different unlock times:

Among them, only 3.5% was unlocked after the seed round was launched on the trading platform, and the remaining part was unlocked linearly for 8 quarters, 12.06% for each quarter.

The private placement round will unlock 10% after the launch of the trading platform, and the remaining part will be unlocked linearly for 8 quarters, with 11.25% unlocked every quarter.

The investment plan A of the token public offering will unlock 10% after the trading platform is launched, and the remaining part will be unlocked linearly for 6 quarters, with 15% unlocked each quarter.

The investment plan B of the token public offering will unlock 10% after the online trading platform, and the remaining part will be unlocked linearly for 4 quarters, 22.5% for each quarter.

The investment plan C of the token public offering will unlock 100% of the total amount after the trading platform is launched.

The team shares will be unlocked linearly for 8 quarters after the token is publicly issued, with 11.11% unlocked every quarter.

The Foundation continues to lock up the warehouse;

After 6 months, the community and ecology section will start to unlock linearly at a rate of 0.42% per quarter.