Tezos Announces Fundraiser Contribution Terms

in #tezos7 years ago (edited)

Tezos has published their fundraiser's contribution terms. See them here: https://tezos.ch/pages/contribution-terms.html

Some highlights for ya:

  • contribution period starts on Saturday, July 1, 2017 at 6 am UTC and lasts for 2000 bitcoin blocks, which should correspond approximately to 14 days

  • contributions can be made using ether (ETH) or bitcoin (BTC)

  • minimal Contribution amount per user is 0.1 BTC

  • no contribution cap

  • contribution bonus is granted to Contributors who contribute early in the contribution period, and they decreases
    from 20% to 0% over a period of 2000 blocks

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Tezos is a self-amending cryptographic ledger.

"The Tezos blockchain will underpin secure, decentralized applications and smart contracts while avoiding some of the political and technological problems which earlier efforts such as Bitcoin and Ethereum have faced."
(from https://www.tezos.com/static/papers/Tezos_Overview.pdf)

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Warning: There are apparently some scam sites that have been set up to look like Tezos. ONLY go to tezos.com