Dether has announced the date of its upcoming token launch – February 7, 2018.
For those of you who are not aware, Dether is the world’s first peer-to-peer ether network that allows anyone to trade ether for cash and spend it at physical stores. Dether is a trustless application, powered by Ethereum smart contracts. Dether intends to provide greater accessibility, and therefore mass adoption of Ethereum, by making the process of obtaining or trading, quicker, easier and more accessible to anyone.
Dether allows users all across the globe to buy or trade ether, without a bank account, credit or debit card, making cash and cards a thing of the past.
Users intending to participate in the token sale must first register on their whitelist, which opens January 15, 2018.
In regards to the ÐTH (Dether) token total supply, 100.000.000 ÐTH max will be minted, and broken down into:
66% Token sale, 3% Bounty program, 18% Team (vested for 3 years with a 6-month release program), 3% Advisors (vested for 6 months), 5% Early contributors (vested for 6 months), 5% Presale bonus (vested for 6 months).
Contributions will be capped according to the number of participants that have been whitelisted. The token sale whitelist will be open for 3 weeks, starting on January 15, 2017. However, the token sale whitelist may close before the end of the 3 week period if the maximum number of participants registered is reached before the deadline. The maxcap will be equivalent to 8 millions USD (in ETH).