Fractal Whitelist Lottery Announcement
Tags: Web3, Polkastarter, Fractal Protocol, Web3 Foundation, Blockchain Technology

Following our recent announcement detailing our decision to launch the Fractal Community Sale on the Polkastarter platform on Thursday, 25th February 2021, we want to also level the playing field for those looking to become a part of the Fractal ecosystem; we will therefore be giving people the opportunity to participate in what is expected to be a popular token sale event via a Whitelist Lottery.

The Whitelist Lottery means a fairly distributed opportunity to take part in the Fractal token sale, with the winners selected able to take part in one of two pools on the Polkastarter platform.

More information about the token sale can be found in this article.

Whitelist Lottery details

The Whitelist Lottery is open for applications from Monday 15th February 2021 and will close on Friday 19th February 2021.

We will be randomly selecting a total of 800 winners from the total number of applications made, 400 from the POLS pool and 400 from the standard pool.

To be considered for the Whitelist Lottery participants must complete the steps listed below -

Step 1

Visit protocol.fractal.id, sign up and verify your email address.

Step 2

Complete the Whitelist form. The form can be found here:

https://docs.google.com/forms/d/e/1FAIpQLScMgU4rN5FuGRnx0MndrVL0jniGVgBVbFmfvdOLG1sLHRIOlw/viewform

Within this form you will need to:

Step 3 (Optional)

Complete your basic KYC verification on the Fractal website at protocol.fractal.id.

Please note:

This step is optional, but completing basic KYC is beneficial to your application as it doubles your chances of winning the Whitelist Lottery.

Please be aware

Approved KYC states have nothing to do with being whitelisted, there will be a lottery to decide the winners that will be able to participate in the community sale.

All winners of the Whitelist Lottery will be required to complete KYC to be able to participate in Polkastarter sale.

to be able to participate in Polkastarter sale. KYC processing time will take up to 72 hours , please be patient and wait for a message from the Fractal Team.

, please be patient and wait for a message from the Fractal Team. Winning a spot from the Whitelist Lottery does not guarantee you allocation in the token sale.

in the token sale. If you are a citizen, resident (tax or otherwise) or Green Card holder of the USA or if you are a resident of Iran, North Korea and Crimea & Sewastopol you unfortunately cannot participate in the whitelist lottery.

We thank all participants in advance for their interest in our token sale, we are glad that you all want to join us on our journey to build a better web and we are excited to be welcoming so many people to the future Fractal ecosystem.

Polkastarter sale information

We will be launching the Fractal Community Sale on the Polkastarter platform on Thursday, 25th February 2021. The specific time will be made public in the coming days.

4,000,000 FCL tokens (0.5% of total supply) will be sold in the Community Sale

Sale price will be $0.10 per FCL

Max cap per person is $800

The tokens will be split into 2 pools: The POLS pool and the community pool. Those wishing to participate in the POLS pool must hold a minimum of 3000 POLS tokens in their wallet for at least 7 days before the Community Sale takes place, or provide liquidity on Uniswap for Polkastarter token. For more information on POLS read this article on Polkastarter

2,000,000 FCL tokens will be reserved for those in the POLS pool

2,000,000 FCL tokens will be reserved for the Standard pool. For more information on how to participate in the Standard pool read this article on Polkastarter

A total of $400,000 will be raised from the Community Sale

All $400,000 collected via the community sale will be used to add liquidity to the initial DEX listing on Uniswap shortly after the token sale concludes

About Fractal Protocol

Built on Polkadot, Fractal is an open-source zero-margin protocol that defines a basic standard to exchange user information in a fair and open way, ensuring a high-quality version of the free internet. In its first version, it is designed to replace the ad cookie and give users back control over their data.

Make sure to -

Visit our Website

Join our Telegram

Join us on LinkedIn

Follow us on Twitter

Watch our YouTube Videos

Disclaimer

This article does not include elements of any contractual relationship. This article shall not be deemed to constitute a prospectus of any sort or a solicitation for investment or investment advice; nor does it in any way pertain to an offering or a solicitation of an offer to buy any securities in any jurisdiction.

For the avoidance of doubt, please note that the Protocol has not been fully developed. Any statements made about the Protocol are forward-looking statements that merely reflect Fractal’s intention for the functioning of the Protocol. There are known and unknown risks that can cause the results to differ from the forward-looking statements.

Fractal does not intend to express investment, financial, legal, tax, or any other advice and any conclusions drawn from statements in this article or otherwise made by Fractal shall not be deemed to constitute advice in any jurisdiction.

Fractal’s intended purpose of the Tokens is to be used as means of payment for the services that will be offered within the Protocol (the “Services”). The purchase, ownership, receipt or possession of Tokens carries no rights, express or implied, other than the right to use Tokens as a means to enable usage of Services in accordance with the then applicable terms of use relating to the Services offered within the Protocol. The Tokens do not represent or confer any ownership right or stake, share, security, or equivalent rights, or any right to receive future revenue shares, intellectual property rights or any other form of participation in or relating to the Protocol, Fractal, Service Providers or any of their corporate affiliates, other than any rights relating to the provision and receipt of Services, subject to the applicable terms, conditions or policies that may be adopted by participants in the Protocol.