OKEYDOKEY Token Generation Event
| Total supply | 1,000,000,000 OKEY Tokens |
|---|---|
| Rate | 1 ETH = 20,000 OKEY |
| Soft Cap | 15,000 ETH |
| Hard Cap | 30,000 ETH |
1,000,000,000 OKEY tokens have been created and the total amount amount of tokens will be distributed in the following manner.
- 600,000,000 tokens distributed for public sale to develop user network
- 200,000,000 tokens allocated as company reserve for future use when needed
- 200,000,000 tokens allocated under OkeyDokey team and advisors
OKEY tokens are created to incentivize platform participants to on-board and use the system. OkeyDokey has allocated a total of 600,000,000 tokens towards reservation, pre and public sale event.
A further 200,000,000 tokens will be retained for any future funding needs of OkeyDokey and the platform, including development or on-boarding future participants when it is needed.
Tokens allocated for team and advisors will be distributed to OkeyDokey directors, employees and advisors engaged in the building of the platform. All of the tokens allocated in this category will be subject vesting period between 12 to 24 months, with their release linked to performance variables. The vesting period in respect of these tokens will commence at the completion of the Token Sale.
OKEY Tokens sold during the token sale will be used to fund toward development and scale the platform for global deployment. Of the proceeds from the token Sale, the funds will be allocated in the following manner.
- 45 percent of funds will be used to fund OkeyDokey platform development.
- 35 percent of funds will be used to fund marketing and sales expenses to form strong alliance of partnership and raise OkeyDokey profile and attract participants.
- 15 percent of funds will be used to meet other general operational costs
- 5 percent of funds will be used for legal and general administration purpose.
OkeyDokey aims to achieve all milestones on displayed on the roadmap, regardless of the funding amount raised from the Token Sale. Soft Cap is the minimum amount of contribution received from the crowd sale that OkeyDokey team can work in development regarding product quality assurance and mass production operations. Okeydokey will refund purchase funds minus transaction charges if the minimum threshold or Soft Cap (15,000 ETH) is not reached by the end of the public sale.
OkeyDokey will perform token sale in the following schedule. All participants in the token sale will be offered a discount in the following manner.
| Event | Time | Tokens for Sale | Bonus |
|---|---|---|---|
| Reservation Sale | May 25, 2018 - July 10, 2018 | 30,000,000 OKEY | 35% |
| Pre-sale | June 15, 2018 - July 4, 2018 | 120,000,000 OKEY | 25% |
| Public Sale | July 11, 2018 - August 24, 2018 | 450,000,000 OKEY | 10% |
Only Ether will be accepted as payment for the sale. Payment will be received at https://okeydokey.network and at no other domains or portals. OkeyDokey may liquidate or hedge the cryptocurrencies received for tax and price volatility reasons.
The Tokens will be allocated according to the rate set on the table above, and the amount of tokens to be distributed will be calculated according to the rate. By no later than 4 weeks after the closing of token sale event, OKEY Tokens will be sent to the Ethereum address provided by the contributor at the time of the purchase. OkeyDokey will not accept any responsibility for the incorrect delivery of OKEY Tokens due to invalid Ether addresses supplied. See the full Terms and Conditions released at the time of the token sale.
| This token generation event is not open to residents or citizens of the United States of America and People's Republic of China. |
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This paper is for information purposes only and is not a statement of future intent. OkeyDokey makes no warranties or representations as to the successful launch of the token sale, or achievement of any other activities noted in this paper, and disclaims any warranties implied by law or otherwise, to the extent permitted by law. No person is entitled to rely on the contents of this paper or any inferences drawn from it, including in relation to any interactions with OkeyDokey, the token sale or the technologies mentioned in this paper. OkeyDokey disclaims all liability for any loss or damage of whatsoever kind (whether foreseeable or not) which may arise from any person acting on any information and opinions relating to OkeyDokey or the token sale contained in this paper or any information which is made available in connection with any further enquiries, notwithstanding any negligence, default or lack of care. Whilst every effort is made to ensure that statements of facts made in this paper are accurate, all estimates, projections, forecasts, prospects, expressions of opinion and other subjective judgments contained in this paper are based on assumptions considered to be reasonable as of the date of the document in which they are contained and must not be construed as a representation that the matters referred to therein will occur. Any plans, projections or forecasts mentioned in this paper may not be achieved due to multiple risk factors including without limitation defects in technology developments, legal or regulatory exposure, market volatility, sector volatility, corporate actions, or the unavailability of complete and accurate information.
All token sale information contained in this document is intended to be indicative only and is not a statement of OkeyDokey's intentions. Any such information may be varied by OkeyDokey prior to the Token Sale. If so, any new documentation will supersede this document and be available at okeydokey.network. The terms and conditions of the token sale will also be set out in a comprehensive information memorandum prior to the time of the token sale to ensure the highest levels of transparency, disclosure and compliance are maintained throughout OkeyDokey token sale event.