Elite 888 FAQ – ICO starts October 9th, 2017
Elite 888 (a limited supply, high-end token) will be distributed through an initial coin offering starting October 9, 2017. Visit elite888.com to participate in the ICO.
New York, New York (PRUnderground) October 8th, 2017
Elite 888 (a limited supply, high-end collectible token) will be distributed through an initial coin offering starting on October 9th, 2017. Below are a number of questions received and answered about this ICO. Please visit elite888.com to participate.
What is this token used for?
The primary use is a status symbol and collectible token. If you own one, you’re 1 in 10,000,000.
The secondary use is for trading and diversification.
Where will this token be traded?
Elite 888 will be listed on multiple exchanges in many different markets once the ICO ends. We have funds set aside specifically for listing fees.
Will Elite 888 be listed on Asian exchanges?
Yes. We will be listed on multiple exchanges across the world.
What is your ticker symbol?
Will there be more than 888 issued?
No. There will only be 888 created.
How many tokens will be held by developers?
8 out of 888 tokens will be held by ownership team. We have 8 team members and each will own 1 token.
This is less than 1% of the total supply. 8/888 = 0.9%
Why are these tokens set to 18 decimals?
This is to facilitate transactions, especially transactions that occur on exchanges. The more decimals available, the easier it will be to transact.
Each token is 1.000000000000000000.
If token owners wish to trade it after the ICO, they can do so at any amount. It’s completely up to them after the ICO. If no one wants to trade at 18 decimals, those amounts won’t be available.
How do I know this is not a scam?
We are real people behind this ICO. We are all American and based in the United States. US regulators do not take kindly to scammers.
Additionally, from our experience, scammers make a lot of promises. They try to fool people with fancy business plans and technology that people don’t understand. We’re not doing that. Our token is very straight forward.
What’s the ICO period?
The ICO starts on October 9th, 2017 and runs for 30 days. Tokens will be offered via a tiered sale where the quantity of each token available for sale is based on the timing of the ICO.
Do you offer a discount to early buyers?
Yes! Buyers who purchase early will be rewarded. Day 1 discounts are 20% off. Day 2 discounts are 10% off.
Who are your team members?
Team members and Bios are included in our whitepaper located at elite888.com.
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- Please consult an independent registered investment advisor before making any investment.
- The value of investments can go down as well as up.
- Investors may not get back the amount they invested.
- Past performance is not a guide to future performance.
- The news site hosting this press release is not associated with Elite 888. It is merely publishing a press release announcement submitted by a company, without any stated or implied endorsement of the product or service.
About Elite 888
Elite 888 (a limited supply, high-end collectible token) will be distributed through an initial coin offering starting on October 9th, 2017. Only 888 tokens will be created and each token is valued at 8 ETH. Due to limited supply, all tokens are expected to be sold before the end of the offering period. Elite 888 is an ERC-20 token, built on Ethereum, the popular cryptocurrency and blockchain system.