Tokenomics and Crowdsale
LINKCHAIN’s TGE (Token Generation Event) will have a hard cap of $16,250,000 which will be received in Ethereum ETH. and 70,000,000 LinkTokens (LNK) will be available for the Crowdsale which begins November 11, 2018. Participants will have the opportunity to contribute and receive LNK by sending Ethereum to a designated smart contract address. The ETH rate will be locked in 3 days before the TGE event begins at the 24 hour ETH high during that period.
| Token Name | LINKTOKEN |
| Ticker | LNK |
| Token Type | ERC20 |
| Fundraising Target / Hard Cap | $16.25M USD |
| Soft Cap | $3M USD |
| Crowdsale Supply | 70,000,000 |
| Token Price | 1 LNK = 0.10 USD |
| Minimum Purchase | 0.1 ETH |
| Token Sale Allocation | 10% |
The 700,000,000 LNK tokens will be allocated as follows:
| 8.10% | Pre-sale |
| 10.00% | Crowdsale |
| 28.57% | Mining & Staking (To be allocated over a 50 year period) |
| 20.26% | Team Allocation |
| 1.05% | Advisors |
| 14.29% | Private Sale |
| 1.43% | Strategic Partners |
| 15.57% | Reserve |
| 0.45% | Operations |
| 0.29% | Bounty/Airdrops |
| 100% | Total Allocation |