ICO process
Last updated
Last updated
BANGK's Initial Coin Offering (ICO) offers a fair, transparent and strategically advantageous opportunity for early investors. Starting with an entry price of €100, BANGK offers increasing benefits to participants, in line with its commitment to fostering a supportive and engaged community.
Investors will benefit from a tiered reward system. These are designed to enhance engagement and user experience on the future platform, conferring lifetime benefits based on the number of BANGK Coins obtained during the ICO.
Among the benefits offered to investors, two will be offered to all ICO investors and are particularly symbolic for BANGK: the planting of a tree and priority access to BANGK Shares.
Plant a tree: For each investor, a tree will be planted to symbolise BANGK's commitment to sustainability. This initiative, made possible by our partner Trees for the Future, not only helps to offset carbon emissions, but is also a living testimony to the investor's contribution to a greener planet and a sustainable future. It's a way of making a tangible impact on preserving the environment and reflecting BANGK's philosophy that financial innovation must go hand in hand with ethics.
Priority access to BANGK shares: Investing in BANGK gives you priority access to BANGK shares, enabling you to share in the platform's success. This is a unique opportunity to benefit directly from BANGK's growth, by aligning financial interests with the platform's long-term vision. But investing in BANGK is not just about buying tokens. It's about becoming an essential part of the BANGK ecosystem, with the opportunity to influence its future. This approach creates a stronger link between BANGK and the community, ensuring that the platform's development and prosperity are shared with the community.
The ICO takes place in carefully planned phases, with the price increasing exponentially to balance investor incentives with the project's long-term financing needs.
During this phase, the price will be €0.6 with a vesting period of 9 months. This phase has been designed to reward early commitment with more favourable conditions.
The price of BANGK Coin will rise from €0.70 to €0.90, following an exponential curve that changes every week. The vesting period varies from 3 to 9 months and decreases for the last investors who acquire the BANGK Coin at a less advantageous price and who therefore have less interest in selling it.
Details of the increase in the price of BGK during the Public Sales:
1
0,7
2
0,70073968
0,11%
3
0,7024061
0,24%
4
0,70480185
0,34%
5
0,7078477
0,43%
6
0,71149765
0,52%
7
0,71572196
0,59%
8
0,72050064
0,67%
9
0,7258202
0,74%
10
0,73167191
0,81%
11
0,73805066
0,87%
12
0,74495426
0,94%
13
0,75238299
1,00%
14
0,7603392
1,06%
15
0,76882712
1,12%
16
0,77785266
1,17%
17
0,78742328
1,23%
18
0,7975479
1,29%
19
0,80823681
1,34%
20
0,81950166
1,39%
21
0,83135537
1,45%
22
0,84381219
1,50%
23
0,85688763
1,55%
24
0,87059847
1,60%
25
0,88496279
1,65%
26
0,9
1,70%
Closing the ICO, this phase offers tokens at the listing price of €1.00. There will be no vesting period in this phase, attracting those looking for immediate liquidity. This phase is optional. It will only exist if there are still BANGK Coin available at the end of the public sales, pending the listing of the token and if BANGK deems it strategically relevant.
This pricing strategy, with its exponential increases, ensures a fair entry point for early backers while securing the funds needed for the platform's robust development and growth.