(ICO) Initial Coin Offering
PUBLIC CROWDSALE STARTS IN
If we meet our minimum funding amout of 2 Million CAD, then the cost of 1 BIDT token would be equal to 0.00033333333 ETH.
However if we exceed the minumum funding, the cost per BIDT token would only increase in value. For example if we end up with 25 Million CAD at the end of the ICO period, the cost of 1 BIDT token would be equal to 0.00416666666 ETH.
Token Distribution (20B BIDT Total)
We require a minimum funding amount of 2 million CAD, calculated using ETH price as of end of crowdsale period. This will ensure that we are properly funded to bring our product to completion and execute a proper user acquisition campaign.
If we do not hit our minimum funding target, money invested will be refunded to all contributors. Tokens that are unsold will be transferred to a reserve fund which will only be released when we perform a second crowdsale to raise additional capital down the line to grow the company.