BOBATAMA
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PRIVATE SALE ALLOCATION
PRIVATE SALE EXPLAINED
The BOBATAMA smart contract was developed and deployed by Sir Tris. Sir Tris custom coded private investor sale restrictions into the contract.
These restrictions include:
● All private sale wallets mapped directly into the contract
● Wallets are not allowed to sell within the first 24 hours of launch
● Wallets are prohibited from transferring tokens to any other wallet
● Wallets are only allowed to sell a MAX of 1 ETH per 24-hour period ​
Additionally, all private sale participants are on a strict vesting schedule as follows:
● 20% at TGE (Token Generation Event)
● 20% of Supply for Private Salers
● Strict 35-Day Vesting Period
Private sale investors were able to contribute 0.5 ETH or 1 ETH. Their contribution accounts for 20% of the overall token supply.
Combined with the vesting schedule and private sale restrictions, new retail investors are protected from private sale “dumps”. Further to this, our private sale: liquidity ratio is 1:1.28 (which means there is a higher percentage of liquidity. The majority of projects have a private sale:liquidity ratio of 1:1. Sir Tris is well known in the Ethereum space for having contracts with high liquidity to protect your investments.
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