The phase X of B-Power (Boboo Power)-Phala (PHA) subscription will be online soon. B-power is the channel for launching famous projects. The projects provide users a relatively favorable price to participate in the new subscription.
The Polkadot project of B-Power X - Phala (PHA) subscription will be launched on September 11th, 2020 at 16:00, buying market opens on September 11th at 16:10. PHA/USDT trading pair will be listed on September 11th at 17:10. Click 'B-Power' to subscribe and the details as follows:
I. Subscription Rules
Participation Requirements: Current BOBT holdings ≥100, requires KYC Level 2 certification
Subscription Time: 16:00 ~ 17:00, September 11th, 2020 (UTC+8)
Total Tokens: 600,000 PHA (Phala)
Subscription Price: 0.02 USDT
Total Subscription: 12,000 USDT
Minimum/maximum subscription/ person: 100 USDT / 1,000 USDT
Subscription Payment Currency: USDT
Subscription Model: Each requisitioner will be allocated the total amount equally according to the proportion of individual requisitions in the total amount.
Excess Payment Will be Refunded: After the subscription, the system will automatically deduct the USDT and distribute the PHA which is successfully subscribed, and the excess payment of USDT will be returned to users’ account.
II. Open Time
1. PHA/USDT buying market opens: 16:10, September 11th (UTC+8)
2. Deposit & Withdrawal starts: 17:00, September 11th (UTC+8)
3. Trading starts: 17:10, September 11th (UTC+8)
* Phala is IEO program, please be aware of risks. If the price is much higher before the transaction is matched, there is a risk of the order being withdrawn after the risk control is identified.
* Transfer service of Phala (PHA) will be opened at 17:00 on September 11th, 2020. Subscription shares will be issued as soon as the tokens arrive, and trading opens within 10 minutes. It will be notified in the official community, please stay tuned.
III. ABOUT POFID
Phala Network is a cross-chain interoperable confidential smart contract network for privacy-preserving decentralized apps and services. We are developing our pilot product – Web3 Analytics, a decentralized data analytic tool – to present our vision of Web3 that we want to give the value of data back to everyone and add liquidity on data market.
Time of Issuance: September 10th, 2020
Total Issuance: 1,000,000,000
Total circulation: 137,000,000
Basic chain: ERC20
Proportion of token allocation:
TEE miners: 70%
Private Sale: 15%
Ecosystem Building & Parachain Auction: 9%
Team Incentive: 5%
Testnet Incentive: 1%
*Investors should be aware of high price volatility in crypto markets.
*All the time and dates mentioned above are based on Universal Time Coordinated (UTC+8).