The Nash team (formerly NEX) is excited to announce that our token sale is one week away! We have received regulatory approval from the Financial Market Authority (FMA) of Liechtenstein, becoming the first regulated exchange security token in Europe and one of the first and few regulated securities in the world. Nash believes this is critical to deliver true value to exchange token investors.
Round 1 of the sale will begin on Monday, 3 September 2018 with the first NEO block after 18:00 UTC and will end on Friday, 7 September 2018 with the last NEO block before 18:00 UTC. Round 2 will begin on Monday, 10 September with the first NEO block after 18:00 UTC and will end on Friday, 14 September with the last NEO block before 18:00 UTC.
The sale is open to those who successfully passed Round 1 or Round 2 of the KYC process. You can check if you were successful in the lottery on our web platform: log in using your username and password, encrypted key and password, or your private key.
This is not a “first come, first served” sale. If you won a spot, there is no need to worry about when you contribute, so long as it is within the five-day sale period.
At the time of the sale, 1 Nash Exchange token (NEX) will be worth 1 USD. The maximum contribution in the first ICO round is 1,000 USD. There is no minimum contribution for this ICO – however, if you are planning to send NEO, you must contribute a minimum of 1 NEO, as it is not a divisible token. Participants may only contribute once per ICO round. For example, if you contribute 700 USD you cannot contribute another 300 USD in a separate contribution in the same round.
After contributing with NEO, GAS or both combined, your NEX tokens will appear in your wallet after one block on the NEO network. You have the option to increase your transaction priority fee, which defaults to 0.0001 GAS. If you do increase your transaction priority fee, it may get accepted faster, but we recommend that you do not exceed 1 GAS.
Please take your time during the contribution process to ensure no mistakes are made. We cannot make changes to contributions.
The ten-day simple moving averages for NEO and GAS on the highest volume exchange on 30 August 2018 are: 18.54 USD/NEO and 5.93 USD/GAS.
Our supporters have been crucial during the registration, lottery and KYC process, as well as the lead-up to the token sale. We can’t thank you enough for your patience and we look forward to a bright future with you all.