THE GIGA TOKEN GENERATION EVENT (TGE)
A total of 10,000,000 GIGA tokens will be generated at a face value of 35 GIGAs per ETH (approximately 0.02857143 ETH per GIGA). No further production of tokens is planned in the near future. 5 million tokens will be sold during the crowdsale and 5 million will be held in reserve plus any unsold tokens after the crowdsale. As the platform evolves, management will re-evaluate the merits of additional token production. No tokens will be given to founders.
All purchases of GIGAs will be transacted in Ethereum (ETH), Bitcoin or fiat currency. If the minimum threshold is not reached, funds received during the crowdsale will be refunded to buyers automatically. All purchasers will then be required to review and accept the TGE terms and Conditions and disclosures and comply with eligibility requirements.
Upon acceptance, purchasers will input the number of GIGAs they wish to purchase. They will then be provided with the cost of the token(s) in ETH, BT or fiat currency plus a provision for GAS and then further provided with the public key for payment. Purchasers will be required to have an ETW wallet which supports ERC-20 tokens. At time of purchase, tokens will be transferred upon completion of the smart contract.
Tokens will be created based on the ERC20 smart contract standard. Smart contracts will be designed to minimize transaction costs.
The TGE will begin on December 20, 2017 and terminate on January 30, 2018. GIGAs will be sold at a discount based on a date of purchase as follows: