Elite 888 Vanity Token – FAQ
ICO is October 9th. Frequent Asked Questions are answered below
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?
8S
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 token 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.
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For the first 3 days, Elite 888 tokens will only be sold in full. The minimum purchase is 1 token. There is no maximum. Partial tokens will not be available until after the first 72 hours.
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Half tokens will be available for purchase over next 3 days, only if there are any remaining for sale.
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Quarter tokens will be offered after the first 6 days, only if there are any remaining for sale.
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Any quantity can be purchased after the 9th day, only if there are any remaining for sale.
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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