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Time until the LOCIcoin Token Sale.

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LEARN Learn all about our LOCIcoin Token Sale by seeing more information below!

Token Sale Stages

Hard Cap: $19M; 50M LOCIcoin

Exclusive First Round*

Dates: 12/6 to 12/8
Base Rate: $2.50
Net Price: $0.33

Second Round

Dates: 12/8 to 12/15
Base Rate: $2.50
Net Price: $0.44

Third Round

Dates: 12/15 to 12/22
Base Rate: $2.50
Net Price: $0.57

Final Round

Dates: 12/22 to 12/31
Base Rate: $2.50
Net Price: $0.75

* Only those who pre-registered in the whietlist can particpate in this round.
** Rounds 2-4 will have equal caps. If the cap for a round is hit before its scheduled end, the token sale will move on to the next round immediately.

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Token Sale FAQ's

All your Token Sale related questions, in one place. Feel free to reach out to our team with additional questions.

LOCIcoin is Loci’s native utilitarian token. These tokens can be used to gain full access to Loci’s products and services. LOCIcoin is an integral asset to the InnVenn platform. Its utility includes staking inventions on the blockchain and as the sole medium for exchange for the buying and selling of IP on the platform.

The Token Sale is from December 6-31. The Token Sale will be scheduled with four rounds (each round starts at 0:00 UTC). The exclusive round one is December 6-8, second round is December 8-15, third round is December 15-12, and the final round is December 22-31.

Only those who pre-register on the whitelist before the token sale begins can participate in this round.

The net price of LOCIcoin varies per each round of the token sale. The net prices are $0.33, $0.44, $0.57, and $0.75 respectively for the four rounds. The 3 day moving average of ETH before the token sale will be used to calculate the ETH o LOCIcoin ratio.

The minimum contribution amount is 0.1 ETH. There is no maximum.

LOCIcoin will be available on exchanges after the token sale is complete. Loci can not comment on when exactly and where. Loci will provide the community updates on exchanges as information becomes available.

The contributions are used for many purposes including development, marketing, and operations. Loci also plans on growth with inventors and strategic partners internationally including law firms and entrepreneurship organizations. Loci also plans on spending significant capital on international lobbying for patent process reforms if enough funds are available.

Sign up for the Token Sale by registering on Loci website. In the registration you will need to specify which Ethereum based wallet you will be contributing Ether from. As long as it is an ERC20 compatible wallet like MetaMask or MyEtherWallet, your contribution wallet address is  where you will receive your LOCIcoin upon distribution after the token sale. DO NOT send from exchange wallets like Coinbase, Kraken, or Bittrex. Also, do not send from Jaxx or multi-signature wallets.

No. Purchasing LOCIcoin does not mean that you have purchased stock, equity, or any other kind of ownership in Loci.

All unsold tokens will be frozen for a total 4 year period. 25% of the unsold tokens will be available every year for the purpose of growing the ecosystem.

50% (50M) of the total supply of tokens are allocated to launch supporters including the presale and token sale.

The foundation is allocated 34% of the total token supply. The tokens held by the Foundation are mainly for the purchase or licensing of IP from inventors on the InnVenn platform. The Foundation packages the IP to sell to purchasing partners which can only be purchased with LOCIcoin. The Foundation must have a supply of LOCIcoin tokens to keep the network flowing in this model and have the value of the tokens be driven by the underlying IP. Periodically the foundation will airdrop excess tokens to reward platform users.

The hard cap for the token sale is $19M.

Join Loci’s Telegram group. You may also message the team directly by using the chat bubble in the bottom right corner of our website.

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