About the Cypherium Public Sale
Thank you for your interest in our public sale. The token sale registration opens on September 9, 2020 at 10:00PM Pacific Time (UTC-7), with the sale taking place on September 14, 2020. The sale will be conducted via the TokenSoft Platform. Every participant must complete KYC process by submitting required documents. No residents of China, Malaysia and United States are allowed to participate.
In this public sale, a total of 300 million tokens will be sold. At the advice of our developers, this is a significant reduction from our original announcement, which anticipated a release of 400 million. The sale will be conducted in two phases. Phase 1 will sell 200 million tokens at 0.25 USDT per CPH. After that point, we will move onto Phase 2, in which 100 million tokens will be made available at a price of 0.28 USDT per CPH. Any leftover tokens will then be reallocated to the Cypherium ecosystem fund for use at a future date.
Token Distribution
We plan to release 10% of our presale allocation (600 million) and 20% public sale allocation (300 million CPH) at the time of our mainnet deployment. We’re thinking about this as an “initiation period,” and we plan to adopt this time-frame to ensure that the network is running as promised and expected. After this initiation period, the rest of the tokens will be distributed in total six months.
Month | 0 (Mainnet Launch) | 1 | 2 | 3 | 4 | 5 | 6 |
Presale (600m CPH) | 10% | 10% | 15% | 20% | 20% | 15% | 10% |
Public Sale (300m CPH) | 20% | 10% | 10% | 15% | 15% | 15% | 15% |
This highly anticipated moment is the culmination of a very eventful year for our network.
As custodians of our early investors’ capital and trust, we have been at work perfecting our technology, while the crypto space accumulated the attention and respect it truly deserves. We are elated to finally offer this product to the public.
How To Receive Your CPH Tokens
You will be asked to generate your CPH wallet address using Cypherium Wallet. No payment will take place during the registration period. Token purchase agreement will be provided at the time when you make payment. Cypherium Wallet will be available to download on the payment page. Your CPH tokens will be automatically funded to your CPH wallet address once CPH mainnet is live.
What Makes Our Tech Different
Cypherium presents a dual chain structure that combines Bitcoin’s original Proof of Work with the HotStuff algorithm, recently adopted by Facebook’s Libra. This also allows our network to reach speeds beyond even those of Mastercard and Visa, without sacrificing the principles and security of decentralization. However, Cypherium has set its sights far beyond speed, or even scalability, towards the realization of a new, decentralized world. As a smart contracting platform, the Cypherium Virtual Machine runs Java, the most commonly used coding language in the world. This unlocks billions of legacy devices waiting to be empowered by the world of blockchains. (Check out our proprietary designs at Cypherium Patents) This is just the foundation; there is so much more to our technology that makes our network one of the capable, most versatile blockchains to date.
For example, Cypherium has developed it’s Digital Currency Interoperability Framework (DCIF) in response to learning first hand of the challenges and objectives of central banks across the globe as they begin their experiments with digital currency. Our framework is a novel approach that consists of six major bodies: the central bank, CypherLink (a notary mechanism based on the InterLedger protocol), Cypherium Connect (a third-party plug-in module for banking systems), Cypherium Validator (a verification machine), a mediation institution, and finally, front-end users. This structure maintains the autonomy and integrity of the central banks by allowing them not to carry directly their users, issue or distribute CBDC units, nor supervise the transfer of CBDC. The DCIF critically protects the banks, and in turn, the national economies they support. This is just one example of what can be built on top of the public framework that will accompany the Cypherium mainnet when it launches soon in 2020.
Ours is the perfect blockchain for developers of any industry to experiment under the safest conditions possible. We strongly encourage anyone interested to get involved in our communities, to download our software, and to see what our network has to offer.
Cypher tokens (CPH), now being made available for purchase in our public sale, are utility tokens used to operate the Cypherium network. It is with these tokens users can pay for the resources required to execute contracts and record transactions.